20220215 China News
Source: | Author:eacham | Published time: 2022-02-15 | 843 Views | Share:

01

The unparalleled passion ignited by the ongoing Beijing 2022 Winter Olympic Games has spurred China's consumer and capital markets in the starting days of the Year of the Tiger. The enthusiasm of hundreds of millions of spectators has acted as a catalyst in creating new fashion trends in China's speedy consumer market and in kindling new interests among investors in the country's capital market.

 

02

With motors rotating and machines roaring, China's industrial firms started the first week after the Chinese Lunar New Year holiday full of vim and vigor. Facing multiple challenges in 2022, Rong Juchuan, founder of the Beyond Group, a textile company headquartered in Ningbo, East China's Zhejiang province, said the company "can't just wait, but should take the initiative."

 

03

China's export value reached $3.364 trillion last year, an increase of 29.9 percent year-on-year, recording the highest growth rate since 2010, an important support for the nation's economic growth during the pandemic-ravaged 2021. 

 

04

China currently has 5.27 million toy-related companies, according to data from database query platform Tianyancha.com. Among them, 83 percent were established within five years, and over 55 percent are individually-owned businesses, showed the data.

 

05

Shen Ying, a Shanghai native, developed a fascination for skiing seven years ago when she tried the sport for the first time in Northeast China's Changbai Mountain. Since then her family would visit North China every winter to enjoy ice-snow sports, where she could hire professional instructors and train using advanced equipment.

 

06

Subway and bus services between Shanghai and the neighboring city of Suzhou were suspended on Monday to curb the resurgence of COVID-19 in Jiangsu Province. Part of Shanghai's Metro Line 11 was shut down at noon on Monday. Three stations in Kunshan, under the jurisdiction of Suzhou, were shut down after Suzhou reported seven new COVID-19 cases and another asymptomatic case on Monday.

 

07

Chinese President Xi Jinping and his Mexican counterpart, Andres Manuel Lopez Obrador, on Monday exchanged congratulatory messages to celebrate the 50th anniversary of the two countries' diplomatic relations. In his message, Xi noted that both China and Mexico are countries with time-honored civilizations and history, and the friendly exchanges between their people date back to ancient times.







Author: Producer Emilio Mendez

Speaker: Caroline Parraguez

Edition: EAcham


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