20220213 China News
Source: | Author:eacham | Published time: 2022-02-13 | 973 Views | Share:

01

L'Oreal Group reported strong double-digit growth in the Chinese mainland in 2021 mainly due to product innovations and cost control, according to the financial statements of the world's largest cosmetics company by revenue.

 

02

The metaverse has become a buzzword in just a few months' time as businesses, investors and developers depict it as heralding the future of the internet. The nebulous concept gained further public traction after Facebook rebranded itself as Meta in October, extending such discussions beyond gaming and entertainment.

 

03

China has set up a total of 1.43 million 5G base stations as of the end of 2021 amid the country's efforts to boost information and communication technologies, according to the Ministry of Industry and Information Technology.


04

The United States' and the European Union's multibillion-dollar plans to support their semiconductor industries will fuel global competition in the strategically important sector, and China needs to double down to achieve breakthroughs in core chipmaking technologies, experts said on Thursday.

 

05

Both skiers and the snow and ice sports industry in China are coasting on the interest generated by the 2022 Olympic and Paralympic Winter Games in Beijing, with sales of related products and services set to reach significant proportions this year.

 

06

Ecuadorian President Guillermo Lasso has spoken highly of the start of free trade agreement (FTA) negotiations between Ecuador and China, saying that increasing exports to China will generate growth opportunities for his country. Lasso, who concluded his official visit to China last week, made the remarks at a press conference here on Wednesday, where he elaborated the benefits of the negotiations for Ecuador.

 

07

China's fourth-largest carrier, Hainan Airlines, reported booming performance of its cargo business in January, fueled by growing demand for airfreight transportation and its healthy operations after reorganization.






Author: Producer Emilio Mendez

Speaker: Caroline Parraguez

Edition: EAcham


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