20220515 China News
Source: | Author:eacham | Published time: 2022-05-15 | 435 Views | Share:



01

Despite mounting domestic and external uncertainties, China's economy continues to progress with a sound momentum, an official told Xinhua in an interview."Although some indicators saw short-term contractions mainly due to the COVID-19 blow, the fundamentals underpinning the economy's stable development and sound momentum remain unchanged," said Sheng Laiyun, deputy head of the National Bureau of Statistics.

 

02

Among China's top 20 most profitable gaming companies, six saw declines in their revenue and 11 registered drops in net profit last year, Chinese financial media outlet Yicai reported Wednesday. Faced with a timid domestic market, some are expanding their global reach to seek out new development.

 

03

The Chinese mainland on Thursday reported 312 confirmed local COVID-19 cases, of which 227 were in Shanghai, the National Health Commission said on Friday. Apart from Shanghai, seven other provincial-level regions on the mainland saw new locally transmitted COVID-19 cases, including 42 in Beijing and 15 in Henan.

 

04

China's immigration authority is still providing services for necessary trips outside the country, it said on Friday, denying rumors that passport issuances were halted and that residency cards for living in foreign countries were being invalidated. Officials have promptly processed certificates for people who need to travel abroad for necessary and urgent matters such as study, scientific research, trade and businesses and medical issues, the National Immigration Administration said in a statement.

 

05

China will continue higher-level opening-up to further improve services for foreign companies, so that they can grow and mitigate the COVID-19 pandemic impact, the Ministry of Commerce said on Thursday.

 

06

Twenty-seven specific policy measures will be implemented to step up relief for MSMEs — micro, small and medium-sized enterprises — in Zhejiang province, the nation's private economy hub. They include support for employment, epidemic prevention and financing, according to a circular issued by the provincial government on Thursday.

 

07

Despite multiple unexpected factors rattling global financial market, China has renewed its commitments to further opening its capital market, with pragmatic measures in the pipeline to lure more investors to one of the world's fastest-growing economies.




Author: Producer Emilio Mendez

Speaker: Caroline Parraguez

Edition: EAcham




Guangzhou Office:
Suite 1816-1819, Guangzhou International Sourcing Center, No. 8 Pazhou Avenue East ,Haizhu District, Guangzhou, Guangdong Province.
Tel：+86-20-89059525

E-mail：gz@eacham.org

Shanghai Office:

Global Chambers Zone 

No.624C of Office Building B, National Convention and Exhibition Center(Shanghai)

Tel：+86-13917039347

E-mail：shanghai@eacham.org

Contact us
Beijing Office:

Room 607, No,1 East International Building, No,1 Ciyunsi, Chaoyang District, Beijing.

Tel：+86-10-64952381

Fax：+86-10-64958922
E-mail：info@eacham.org