20230919 China News
Source: | Author:eacham | Published time: 2023-09-19 | 226 Views | Share:


01

With China supporting its pilot free trade zones to play a bigger role in facilitating its opening-up and high-quality industrial growth, the China (Guangxi) Pilot Free Trade Zone has embarked on a mission to establish itself as a pivotal nexus, advancing closer economic and trade connections with other member economies of the Regional Comprehensive Economic Partnership.

 

02

Segway-Ninebot, a Chinese pioneer in the global short-distance transportation market, is beefing up push to explore the portable energy storage market. The company's latest portable power products Cube series are scheduled to gradually start selling in Japan, North America and Europe from September to October.

 

03

Bosch, a German engineering and technology giant, is committed to the Chinese market and will increase investment in the country, including in emerging sectors related to clean energy and green mobility, a top company executive said. Bosch will tap into the huge opportunity created by China's goal to achieve carbon neutrality by 2060, he said.

 

04

Chinese tech heavyweight Alibaba Group Holding Ltd announced on Sunday night that Daniel Zhang will step down as chairman and CEO of its cloud business, a move that comes just two months after the company said he would leave his roles as chairman and CEO of Alibaba to focus on the cloud division.

 

05

China's vehicle sales rose 8.4 percent year-on-year to 2.582 million units in August, data from the China Association of Automobile Manufacturers showed Monday.The country's vehicle output climbed 7.5 percent year-on-year to 2.575 million units last month. Both sales and output reversed declines in July with pro-consumption government policies paying off.

 

06

The State Administration for Market Regulation, the country's top market regulator, released a guideline on antimonopoly compliance for the concentration of business operators on Monday, as the country strives to offer an accurate and transparent supervision environment for companies.

 

07

As the idea of making the global and regional economies better and healthier gathers steam, the Regional Comprehensive Economic Partnership agreement, with its focus on strengthening, extending and supplementing regional supply chains, has emerged as the foremost driver of global economic recovery, poised to benefit the entire world.




Author: Producer Emilio Mendez

Speaker: Caroline Parraguez

Edition: EAcham



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