20230804 China News
Source: | Author:eacham | Published time: 2023-08-04 | 1105 Views | Share:


01

Local governments in China should step up efforts to spur investment and boost consumer spending to tackle the dual challenges of sluggish domestic and external demand, experts said on Friday. They made the comments as weakening export momentum has begun to erode regional growth in some export-oriented powerhouses, such as Guangdong and Fujian provinces.

 

02

The sixth China International Import Expo to be held in Shanghai in November began a 100-day countdown on Thursday, with the organizers saying more Fortune 500 companies and industry leaders have signed up for this year's mega show compared with last year.

 

03

British consumer goods company Unilever Plc said it has strong confidence and determination in the China market, one of its biggest driving forces of growth, and it aims to make more investments in the laundry products sector to meet increasingly high-end, diversified demand in the country.

 

04

Massive green winds of change are sweeping China's manufacturing industry that construction vehicles are now embracing low-carbon transformation, latest data from Sany Heavy Industry showed.The sales data from the Chinese machinery giant over the first half of this year showed that the application of new energy vehicles are constantly rising in scenarios such as municipal sanitation and construction projects.

 

05

China's appointment of Liu Liehong, former chairman of State-owned telecom operator China Unicom, as the head of its yet-to-be-officially-unveiled national data bureau is expected to lead to better integration, sharing, development and application of the country's data resources and develop the digital economy, experts said on Sunday.

 

06

More than 80 percent of foreign companies operating in China anticipate that their investment profitability in the country will remain steady or increase this year, according to a survey report released by the China Council for the Promotion of International Trade on Friday.

 

07

China's newly-implemented tax refunds, as well as tax and fee cuts and deferrals, reached 927.9 billion yuan (about $130.14 billion) in the first half of 2023, official data showed Friday.More support has been given to small businesses as 62 percent of the tax and fee support went to micro, small, and medium-sized enterprises, Rong Hailou, an official with the State Taxation Administration, told a press conference.

 



Author: Producer Emilio Mendez

Speaker: Caroline Parraguez

Edition: EAcham




Guangzhou Office:
Suite 1816-1819, Guangzhou International Sourcing Center, No. 8 Pazhou Avenue East ,Haizhu District, Guangzhou, Guangdong Province.
Tel：+86-20-89059525

E-mail：gz@eacham.org

Shanghai Office:

Global Chambers Zone 

No.624C of Office Building B, National Convention and Exhibition Center(Shanghai)

Tel：+86-13917039347

E-mail：shanghai@eacham.org

Contact us
Beijing Office:

Room 607, No,1 East International Building, No,1 Ciyunsi, Chaoyang District, Beijing.

Tel：+86-10-67613005

Mob：+86-13911370720
E-mail：info@eacham.org