20211020 China News
Source: | Author:eacham | Published time: 2021-10-20 | 730 Views | Share:

01

The first Global Geographical Indications Products Expo will be held from Nov 19 to 21 in Luzhou, Sichuan province, presenting around 1,000 products that are closely associated with places, including bean paste from Pi county and pomegranate from Huili county.

 

02

China's economy is witnessing a continuous and steady recovery, foreign media said, as China's GDP increased 9.8 percent to 82.31 trillion yuan ($12.8 trillion) in the first quarters of 2021, data from the National Bureau of Statistics showed on Monday.


03

Shanghai should continue efforts to further open up its market and keep up with the most advanced technologies and trends so that it can grow into a key hub linking the domestic and international markets in light of the country's new development strategy, said top local officials and global industry leaders.

 

04

Eager to seize more market share in China, Budweiser Brewing Co APAC Ltd, the Hong Kong Stock Exchange-listed brewer, will keep expanding its manufacturing facilities, as well as boosting traffic safety awareness and transportation measures in the country to maintain robust growth, said a senior executive.

 

05

Beijing's office market recorded positive performance in the third quarter but still faces pressure in the coming months, research from industry experts showed. According to Savills, an international real estate agency, Beijing's office market saw an increase in rent and a drop in vacancy rate for the first time in the past 11 quarters.

 

06

Hyundai Motor Group unveiled its first overseas digital R&D facility in Shanghai on Monday, as it speed up efforts to build vehicles that appeal to local Chinese customers. The facility, which will focus on autonomous driving, connectivity, electrification and shared mobility, will see more cooperation with local Chinese technology companies including Baidu, said the South Korean carmaker.

 

07

Chip shortages are continuing to hurt car production in China. As a result, the country's leading industry association said total deliveries for 2021 may fall short of its estimate made earlier in the year. Manufacturers produced 2.08 million vehicles last month, down 17.9 percent from the same month last year, according to the China Association of Automobile Manufacturers.



Author: Producer Emilio Mendez

Speaker: Caroline Parraguez

Edition: EAcham




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