20230806 China News
Source: | Author:eacham | Published time: 2023-08-06 | 1242 Views | Share:


01

China's trade in services sustained its growth momentum in the first half of 2023, with cumulative trade value growing 8.5 percent year-on-year and reaching 3.14 trillion yuan ($437.58 billion), data from the Ministry of Commerce released on Thursday showed.

 

02

Chinese internet heavyweight ByteDance announced on Wednesday a 100 million yuan ($13.9 million) donation to the Beijing-Tianjin-Hebei region, as torrential rainstorms have caused flood and geological disasters in the region.

 

03

China Petrochemical Corp has made a breakthrough in deep coalbed methane exploration in Southwest China's Chongqing municipality after years of exploitation, the company, the world's largest refiner by volume, said on Wednesday.

 

04

Starbucks' China revenue grew 51 percent from the previous year to $821.9 million (5.8 billion yuan), or up 60 percent when excluding a 9 percent impact of foreign currency translation in the third quarter of its 2023 fiscal year., according to the company.In the Chinese market, the company's comparable store sales increased 46 percent and the transactions grew 48 percent in Q3 which ended on July 2 this year.

 

05

More efforts will be made from China to boost the innovation capabilities of robots and make more breakthroughs on related technologies for higher-quality development, officials said on Wednesday ahead of a global industry event that will be held in Beijing this month.

 

06

China's first big data exchange in Guiyang, capital of Southwest China's Guizhou province, is aiming for an annual trading volume of over 10 billion yuan ($1.4 billion) by 2025, local authorities said on Thursday.

 

07

China's rail-sea intermodal trains are expected to make over 9,000 trips along the New International Land-Sea Trade Corridor this year, according to a press conference held by South China's Guangxi Zhuang autonomous region on Thursday.

 

08

Chinese companies have overtaken their United States counterparts in terms of number on this year's Fortune Global 500 list, which was unveiled on Wednesday and tracks the world's richest enterprises in terms of revenue. Industry experts said the list shows China's growing prowess in emerging sectors, such as new energy, on the global stage.



Author: Producer Emilio Mendez

Speaker: Caroline Parraguez

Edition: EAcham




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