20220516 China News
Source: | Author:eacham | Published time: 2022-05-16 | 455 Views | Share:



01

China is likely to see a rebound in some key economic indicators in the following months as a result of the government's effective measures to contain COVID-19 outbreaks and step up macro policy support, said officials and experts. Their remarks came amid concerns that China's economic activity could weaken in the second quarter, as it feels the impact of resurgent COVID-19 cases and a more complicated external environment.

 

02

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.

 

03

The Ministry of Public Health of the Democratic People's Republic of Korea (DPRK) is taking strict measures on switching the state epidemic prevention work to the maximum emergency system, the Korean Central News Agency reported on Saturday.

 

04

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.

 

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

China-ASEAN relations have entered a new phase of Comprehensive Strategic Partnership. Hainan Free Trade Port, which aims to build an important gateway, is the strategic hub and intersection of China-ASEAN comprehensive cooperation.

 

07

Summer is almost upon China－and fast food giants are busy updating their evening menus to attract more younger consumers who, market insiders said, have grown a strong appetite for nighttime food. On Wednesday, McDonald's China's restaurants launched nighttime foods, which are available even on their digital platforms. Their new platform－Own The Night－has been designed to invite consumers to experience nighttime food and snacks as multiple retail channels of McDonald's switch to night mode after 5 pm every day, the company said.




Author: Producer Emilio Mendez

Speaker: Caroline Parraguez

Edition: EAcham




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