20220619 China News
Source: | Author:eacham | Published time: 2022-06-19 | 1061 Views | Share:



01

China's State-owned enterprises plan to invest over 10 trillion yuan ($1.49 trillion) in more than 1,300 "new infrastructure"-related projects across the country during the 14th Five-Year Plan period (2021-25), injecting new impetus into efforts to sustain economic growth, said senior State-asset regulators on Friday.

 

02

Cainiao Network, the smart logistics firm of Alibaba Group, announced on Friday a string of measures to ensure smooth cross-border logistics in light of the global shopping spree in mid-year. Measures include securing chartered flights and sea cargo shipping in advance to ensure transportation capacity amid a global shortage, the company shared in a press release.

 

03

British footwear brand Clarks is close to being acquired by Viva China Holdings Ltd, the major shareholder of Chinese sportswear group Li-Ning Co Ltd. Viva said in an announcement that its extraordinary general meeting on Wednesday approved the Clarks deal and it expects to acquire up to 51 percent of the latter for 840 million yuan ($125 million).

 

04

China has established the world's largest monitoring network for disease and health risk factors, the National Health Commission said Friday. Noting China has improved its disease prevention and control system over the past 10 years, the commission said the country has seen a significant drop in the infection and death rate of many diseases.

 

05

China's civil aviation authority said Friday that it is discussing with its counterparts in certain countries the possibility of gradually increasing international passenger flights in and out of the country.

 

06

More than 60 percent of chief executive officers (CEOs) globally expect a recession in their primary region of operations in the next 12 to 18 months, according to a survey released Friday.

 

07

The upcoming BRICS Business Forum will serve as an open platform for enhancing trade cooperation, boosting global stability and promoting world economic recovery against growth headwinds, said its organizer.

 

08

The third Qingdao Multinationals Summit, to be held on Monday and Tuesday, will continue to demonstrate China's determined will to opening up and offer more business opportunities to the outside world with its growth, said government officials and corporate executives.




Author: Producer Emilio Mendez

Speaker: Caroline Parraguez

Edition: EAcham




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