20230501 China News
Source: | Author:eacham | Published time: 2023-05-01 | 675 Views | Share:



01

China's digital economy, ranking second in the world for many years, has seen robust growth and become a major growth engine for the country marching toward modernization. The scale of China's digital economy reached 50.2 trillion yuan ($7.25 trillion) in 2022, accounting for 41.5 percent of the GDP, said a report on digital China development released Thursday.

 

02

Oppo is beefing up push to hone its research and development prowess and accelerate its transformation from a smartphone vendor to a tech company amid intensified global competition. The company said it has applied for 90,000 patents around the world, with 46,000 of them authorized as of March 31. It ranks among the top three Chinese companies in terms of invention patent authorizations for four consecutive years.

 

03

China will be one of two strategic growth markets for Merlin Entertainments in the coming decade, the company CEO Scott O'Neil told China Daily in a recent interview. "There are two strategic growth markets that will anchor the growth of Merlin Entertainments over the next decade, and they are China and the United States," he said.

 

04

French aerospace executive Remi Paul has been fascinated with flying since childhood. However, any hopes of becoming a pilot were set aside when he shot up in height, finally settling at around two meters tall. In China, Paul has managed to fulfill his aviation dream by another route, taking on the role of CEO and country general delegate of Safran China.

 

05

Convention and exhibition businesses in Guangdong province have shown strong recovery since early this year, with a significant increase seen both in exhibition numbers and area, according to the local industry association. The number of exhibitions in Guangdong increased 330 percent year-on-year to 116 in the first three months, with exhibition areas soaring 412 percent year-on-year during the same period to 4.36 million square meters, said the Guangdong Fairs Organizers Association.

 

06

The scale of China's digital economy grew to 50.2 trillion yuan ($7.25 trillion) in 2022, with year-on-year nominal growth of 10.3 percent and ranking second globally, an industry report released on Thursday revealed. The share of the digital economy in the country's GDP rose to 41.5 percent, according to the report on the development of China's digital industry released at the ongoing 6th Digital China Summit.

 

07

The second five-day phase of the 133rd China Import and Export Fair (Canton Fair) concluding on Thursday in the southern city of Guangzhou, saw brisk traffic and business. By the end of Wednesday, visits to the venues stood at 815,000 in the second phase, while export deals worth over $4.5 billion were signed, Shu Jueting, spokesperson for the Ministry of Commerce, told a press conference.

 



Author: Producer Emilio Mendez

Speaker: Caroline Parraguez

Edition: EAcham





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