20230525 China News
Source: | Author:eacham | Published time: 2023-05-25 | 264 Views | Share:

01

Opening a new flagship store in New York's iconic Times Square not only promises to boost Miniso's transformation, but also showcases its strong commitment to establishing a thriving presence in the United States market, according to a senior company executive.

 

02

China firmly opposes Japan's export controls on 23 types of chip-making equipment, and the restrictions will undoubtedly hurt the global semiconductor industry and backfire on Japan's chip sector, officials and experts said on Tuesday.

 

03

Despite a rising challenge of global trade fragmentation, China remains a key part of the value chain in the Asia-Pacific region, chief economist of Asian Development Bank (ADB) Albert Park said in an exclusive interview with Xinhua.

 

04

A total of 5.03 million self-employed businesses were newly set up in the first quarter of 2023, up 14.3 percent year-on-year, official data has shown. That compares to 3.24 million during the same period of 2019, CCTV reported quoting data from the State Administration for Market Regulation.

 

05

China's non-financial outbound direct investment (ODI) rose 26.6 percent year-on-year to 289.29 billion yuan in the first four months of the year, official data showed Monday.In US dollar terms, the ODI stood at $42.19 billion in the period, up 17.6 percent from a year earlier, according to the Ministry of Commerce.

 

06

Siemens Healthineers, a German healthcare equipment provider, is betting big on China's innovation and manufacturing capacity.On Monday, it announced it will invest an additional 1 billion yuan ($142 million) or more to set up a new research and production site in Shenzhen, Guangdong province, marking its second such facility in the southern metropolis.

 

07

Austrian jewelry and accessories brand Swarovski will achieve a record rate of store openings in China this year, the company's CEO Alexis Nasard said in an exclusive interview with China Daily.Nasard said this during a visit to China in mid-May — his first to the country since it optimized its COVID-19 control measures.




Author: Producer Emilio Mendez

Speaker: Caroline Parraguez

Edition: EAcham




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