20220922 China News
Source: | Author:eacham | Published time: 2022-09-22 | 783 Views | Share:



01

The total value of investment deals signed at the seventh China-Eurasia Expo, held from Sept 19 to 23 in Urumqi, capital of Northwest China's Xinjiang Uygur autonomous region, hit a record level in the event's history, according to the event's organizer.

 

02

 China's services industry made marked progress over the last decade, with industrial structure improved and new drivers emerging, official data showed on Tuesday. The added value of the services sector grew at an average annual rate of 7.4 percent during the 2013-2021 period, 0.8 percentage points higher than the average annual GDP growth during the period, the National Bureau of Statistics said in a report.

 

03

By the end of 2021, China's oil and natural gas reserves reached 3.69 billion tons and 6.34 trillion cubic meters respectively, according to the 2022 China Mineral Resources report released by the Ministry of Natural Resources.Breakthroughs were made in oil and gas exploration in several basins including Ordos Basin, Junggar Basin, Tarim Basin, Sichuan Basin and Bohai Bay Basin.

 

04

Buoyed by the consumption upgrade and rising consumer awareness in healthcare, China's sugar-free tea market is expected to embrace a surge of development.In a convenience store in Beijing, the stock of sugar-free ready-to-drink (RTD) tea products in flavors such as jasmine, oolong and green tea with prices varying from 4 yuan (57 cents) to 10 yuan sit tidily on the shelf, which dazzled Wang Wanqing, a 32-year-old office clerk.

 

05

The new energy industry, which includes solar photovoltaics, has remained one of the bright spots in China's economy in achieving de-carbonization goals, with copious amounts of capital pouring into the infrastructure sector, South China Morning Post reported Monday.

 

06

China's central bank has signed a memorandum of cooperation with the central bank of Kazakhstan to establish renminbi (RMB) clearing arrangements in Kazakhstan. These arrangements will help enterprises and financial institutions of the two countries conduct cross-border transactions using RMB, said a statement on the People's Bank of China website Tuesday.

 

07

The Chinese mainland on Tuesday reported 123 locally transmitted confirmed COVID-19 cases, of which 57 were in Guizhou and 28 in Sichuan, according to the National Health Commission's report on Wednesday. A total of 485 local asymptomatic carriers were newly identified.




Top 500 Chinese firms break the 100 trillion yuan ($14.42 trillion) operation revenue threshold for the first time in 2022, according to the latest Top 500 Chinese Enterprises released by the Chinese Enterprise Confederation on Sept 6.

Author: Producer Emilio Mendez

Speaker: Caroline Parraguez

Edition: EAcham




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