RIGHT BG
Companies from China and the Middle East have expanded many programs in the areas of logistics and infrastructure development to bolster bilateral trade and deepen cooperation in cross-border e-commerce, said business executives and market watchers.
Trucks loaded with Vietnamese durians lined up for customs inspections recently at the China and Vietnam Youyi Pass, a border crossing located in a natural gap between a series of steep cliffs and hills covered in conifers and bamboo on the border of the two countries.
Based on the positive outlook for China's economic growth and continued financial opening-up, leading international asset management firms have accelerated their expansion in the country as the new year moves into its second month.
With China's easing of entry restrictions, the global air travel market has embraced a golden opportunity for further recovery and carriers have been ramping up their international flight services to China to satisfy growing travel demand.
Qualcomm Inc said it holds licenses that allow it to ship 4G and other chipset technologies to Chinese tech company Huawei for a number of years, and it had not heard anything from the U.S. Commerce Department about the reported latest restrictions on the Chinese tech major.
China's software and information technology services industry logged steady growth in 2022, data from the Ministry of Industry and Information Technology shows.
Vehicles are busy transporting raw materials to Galanz Group's manufacturing lines, as one product after another is assembled and packed at the factory of the Chinese home appliance maker based in Shunde district of Foshan, Guangdong province.
The global tourism industry is expected to get a boost as China, one of the world's largest outbound tourism markets before the pandemic, resumed outbound group tours on Monday.
A business delegation from Zhejiang province embarked on a trip to Europe on Thursday in the latest bid to boost the province's attractiveness to international investors.
The sector's share of China's FDI in recent years has been declining. Some foreign enterprises are relocating their production capacities from China to neighboring economies.
China's new offshore wind power project, phase 2 of the Liuao wind power field with generating capacity of 16 megawatts, plans to add more turbines in Zhangpu, East China's Fujian Province, China Three Gorges Corp (CTG).
China's exports of textile and apparel products registered stable growth last year, data showed.
Sales of foldable phones in the Chinese market surged 144.4 percent in 2022 over the previous year, standing out from overall phone sales, an industry report showed.
In a move to support the development of emerging foreign trade business patterns, China's cross-border e-commerce enterprises will enjoy slashed shipment and return costs, according to an announcement jointly released by Chinese authorities on Wednesday.
China, with its benign inflation rate, is capable of playing a pivotal role in helping cool soaring global inflation and will continue to ensure strong economic recovery and mild price fluctuations this year, analysts and executives said.
China's State-owned enterprises are expected to post higher revenues and build more pioneers in modern industrial chains this year as the country has completed all the major tasks of its three-year action plan for the reform of SOEs (2020-22), said market observers and business executives on Thursday.
The gasoline-powered models of the Chinese automaker Chery, which were introduced to Israel in November 2022, and the electric models of MG and Geely, also registered high sales in Israel in January. ■
As China's industrial upgrade gains momentum, the country will play a bigger part in stabilizing global supply chains, just as it did amid three years of COVID-19 disruptions, which will facilitate the smooth running of the world economy, global business leaders said.
Chinese tech giant Huawei on Tuesday opened a new store in Jeddah, the Red Sea port city in Saudi Arabia.
The financial results of listed banks in China will improve steadily this year as the overall economy improves and banks make greater efforts to grant credit, experts said.
China made progress in high-quality economic development at the start of 2023 with prosperity in various industries all over the country.
Driven by the robust ticket sales of the Spring Festival holiday movies, China's January box office totaled approximately 10 billion yuan (1.48 billion U.S. dollars) as of Tuesday afternoon, a record high for the month.
Online sales of China's farm produce rose 9.2 percent year on year to 531.38 billion yuan (about 78.58 billion U.S. dollars) in 2022, data from the Ministry of Commerce showed on Monday.
In Shanghai, more than 30 operators worked with a giant shield tunneling machine of 14.5 meters in diameter to form a solid lining structure at a tunnel construction site.
As "the world's fireworks capital", Liuyang — which manufactures more than 60 percent of the fireworks for global markets — saw its exports surge 84.9 percent on a yearly basis to 6 billion yuan ($885 million) in 2022, statistics from the city government showed.
China will strive to double its manufacturing robot density by 2025 compared with that of 2020, according to an action plan released Thursday.
Microsoft will cut 10,000 jobs, the company announced on Wednesday, joining other global tech giants who also have laid off thousands.
A mix of methods, including crop rotation and intercropping, have been used to expand the growing area for soybean and rapeseed, which are central to making cooking oil and animal feed, agriculture officials said on Wednesday.
China's planting area for soybeans reached 10.26 million hectares, the highest since 1958 and an increase of 1.82 million hectares year-on-year, an agricultural official said on Wednesday.
China's top economic regulator vows to further strengthen supervision on iron ore futures and spot markets, and severely crack down on market violations to maintain normal market order.
京公网安备 11010202009201号] [京ICP备05004340号-1]
