20220926 China News
Source: | Author:eacham | Published time: 2022-09-26 | 934 Views | Share:



01

China has been expanding its free trade area network since its accession to the World Trade Organization in 2001, Shu Jueting, spokeswoman for the Ministry of Commerce, said Thursday. So far, China has signed 19 free trade agreements with 26 countries and regions, with partners covering Asia, Oceania, Latin America, Europe and Africa, Shu told a regular media conference.

 

02

Xiamen Airlines signed an agreement on Thursday to buy 40 A320neo family aircraft from European plane manufacturer Airbus, The Paper reported. The order would be worth about $4.85 billion based on list prices of $105 and $136 million per aircraft, Xiamen Airlines' parent company China Southern Airlines said in a filing with the Shanghai Stock Exchange. Deliveries of these planes will take place in stages from 2024 to 2027.

 

03

Huawei Technologies Co launched an innovative solution in Berlin, Germany on Thursday to help build a more secure, efficient and smarter railway mobile communications system. The solution, known as the Future Railway Mobile Communication System, or FRMCS, is part of Huawei's broader push to drive digital transformation in the rail industry.

 

04

Sinobo Group, a Chinese conglomerate whose business spans sports, entertainment, commerce and technology, has inked a strategic partnership with China Mobile's research institute and its Beijing branch as part of its broader push to explore the application of cutting-edge digital technology to support real economy.

 

05

As China continues to rebound from COVID-19, the demand for Canadian-branded products is strong when they sell to the Chinese market through e-commerce platforms. China is the world's largest e-commerce market. e-commerce revenue in China is expected to grow to $1.09 trillion in 2023, making it the world's first trillion-dollar e-commerce market.

 

06

China is taking solid steps to peak carbon dioxide emissions and achieve carbon neutrality amid ongoing efforts to foster a new development paradigm and pursue high-quality development, the country's top economic regulator said on Thursday.

 

07

With the US Federal Reserve continuing to tighten its monetary policy sharply, the world's major currencies, including the Chinese yuan, are experiencing downward pressure, but excessive concern over the renminbi's depreciation is unwarranted, given China's strong economic fundamentals and its $3 trillion in foreign exchange reserves, experts said on Thursday.




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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