20211118 China News
Source: | Author:eacham | Published time: 2021-11-18 | 418 Views | Share:

01

Snack food giant Mondelez International is looking to further product premiumization and expand presence of its products in China as twin engines to fuel local business growth, a senior company executive said.


02

The first batch of 81 listed firms on the Beijing Stock Exchange, which started trading on Monday, own many key patents, especially on advanced manufacturing and information technology industries, researchers said.


03

The Chinese mainland on Monday reported 11 new locally transmitted COVID-19 cases, the National Health Commission said in its daily report on Tuesday. Of the new local cases, seven were reported in Liaoning, two in Heilongjiang, and one each in Beijing and Yunnan.

 

04

The elevator business has become a new growth engine for Midea Group, China's leading home appliance manufacturer, according to the company. Midea's building technologies division recorded a 55 percent increase in its operating revenues in the first three quarters of 2021, with the revenue of its elevator business growing 35 percent year-on-year.

 

05

The 14th China-Latin America and the Caribbean (China-LAC) Business Summit kicked off in Chongqing on Tuesday with the theme "Openness and Innovation for Common Progress". It will run through Wednesday. The event, as a sub-summit of the China-CELAC (Community of Latin American and Caribbean States) Forum, was launched in 2007 as a platform for promoting economic, social and trade cooperation. 

 

06

Guangdong's foreign trade with major trade partners, including ASEAN, the United States and European Union, hit double-digit growth in the first 10 months this year, according to a statement released by Guangdong customs on Tuesday.

 

07

China's economy performed better than expected in October as retail sales climbed and energy shortages eased, Bloomberg reported. According to the National Bureau of Statistics, the country's retail sales of consumer goods increased 4.9 percent year-on-year to 4.05 trillion yuan ($633 billion) in October.




Author: Producer Emilio Mendez

Speaker: Caroline Parraguez

Edition: EAcham




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