20230507 China News
Source: | Author:eacham | Published time: 2023-05-07 | 674 Views | Share:



01

The leading German engineering and technology company Bosch on Thursday held its annual press conference, highlighting innovation and profitability as key factors to achieve continued growth.


02

During the 6th Digital China Summit, a total of 52 key digital economy projects were signed, with a total investment of 58.1 billion yuan ($8.4 billion), according to the government of East China's Fujian province. The two-day summit was held in Fuzhou, the capital of Fujian, from April 27 to 28. It focused on showcasing the latest achievements of the Digital China initiative and on sharing experiences in digital development.


03

China's Guizhou province, the country's major big data hub, completed more than 8.07 billion yuan ($1.17 billion) of investment in the first quarter this year, said local authorities on Wednesday.Among the total investment, approximately 1.5 billion yuan was for channelling more computing resources from China's eastern regions to its less developed yet resource-rich western regions, said the provincial big data development administration bureau.


04

China strengthened regulations on the process of hiring accounting firms by State-owned enterprises and domestically listed companies in an effort to improve the quality of auditing, promote fairer competition among accounting service providers and effectively pursue high-quality development.


05

China's gold jewelry consumption reached 198 metric tons in the first quarter, up 11 percent year-on-year (56 percent quarter-on-quarter), marking the highest level for the quarter since 2015, the World Gold Council said on Friday. The WGC attributed the rise to a recovering economy and pentup demand as China optimized its COVID-19 control measures.


06

The on-site activities of the 133rd China Import and Export Fair (Canton Fair) concluded on Friday in the southern city of Guangzhou, after seeing brisk business and record foot traffic, according to one of the fair's organizers.


07

North China's Tianjin Port saw its foreign trade top 498 billion yuan ($72 billion) in the first quarter of 2023, up 24 percent year-on-year, according to Tianjin Customs. Over the period, its trade with countries along the Belt and Road totaled 180.77 billion yuan, up 49.7 percent year-on-year.


08

China's listed innovation-driven enterprises reported solid revenue and profit increases for 2022 along with intensified research and development (R&D) spending, demonstrating their potential in driving economic growth in the country's new development stage.Market data showed that the revenue and net profit growth of such enterprises outpaced overall expansion. 


Author: Producer Emilio Mendez

Speaker: Caroline Parraguez

Edition: EAcham




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