20220929 China News
Source: | Author:eacham | Published time: 2022-09-29 | 889 Views | Share:



01

To develop new forms of foreign trade and cultivate new growth drivers, seven departments of the central government, which include the Ministry of Commerce and the National Development and Reform Commission, have jointly issued a circular on accelerating the pilot program of developing market procurement trade, according to an online statement of the MOC on Wednesday.

 

02

Chinese businesses' digital transformation is inducing foreign companies to engage the Chinese market, especially when rising firms bet big on technologies to improve customer experience and retention rates, according to an international business executive.

 

03

Hongqi shared its new energy vehicle strategy, design aesthetics and newest products and technologies via the metaverse at a recent event held online. Xu Liuping, president of China FAW Group, appeared and spoke virtually at the event, bringing viewers a special and new kind of experience. The group produces Hongqi vehicles, a premium brand.

 

04

With supportive policies and surging market demand, homegrown companies of disposable medical consumables are on the rise. Disposable medical consumables are an important branch of the laboratory sector. They are widely used in experiments that require high precision which, for a long time, had been dominated by international companies. In 2020, imported disposable medical consumables took up some 90 percent of the Chinese market.

 

05

Chinese railways are expected to operate 68.5 million passenger trips during the 11-daylong National Day holiday travel rush, which lasts from September 28 to October 8, 2022.Some 6.23 million passenger trips will be made on average each day in the period, data from the China State Railway Group Co., Ltd. showed.

 

06

Shanghai's State-owned enterprises contributed to more than one-fourth of the city's GDP in 2021, officials said on Wednesday. Output value of Shanghai's State-owned enterprises came to 1.23 trillion yuan ($169.77 billion) last year, accounting for 28.5 percent of the city's overall GDP, said Bai Tinghui, head of Shanghai's municipal State-owned Assets Supervision and Administration Commission.

 

07

The total number of China-Europe freight train trips operated by eastern China's Jiangsu province soared up 21.7 percent on a yearly basis to 1,380 in the first nine and half months of this year, greatly bolstering the province's export volume and its business environment for foreign companies.

 


Author: Producer Emilio Mendez

Speaker: Caroline Parraguez

Edition: EAcham




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