20231223 China news
Source: | Author:eacham | Published time: 2023-12-23 | 219 Views | Share:


Herbert Darwin Mangatas, director of PT Gapura Segara Borneo, an Indonesian freight shipping agency, came to China's Tianjin in search of potential business partners. "There are one or two Chinese companies asking for some collaborations. I hope we can have some dealings," Mangatas said while attending the Tianjin International Shipping Industry Expo 2023..



Cheng Weidong has worked as a trailer driver in Tianjin port for almost three decades. Over the years, the port and his job have changed a lot, with training AI transportation robots newly added to his duties. "In the past, a skilled trailer driver could only transport a few hundred metric tons of cargo a day. Today, goods from all over the world can be transported, loaded and unloaded much more efficiently owing to the intelligent port construction," Cheng said.



China will ratchet up resources to advance the construction of the 5G network, expand the application of 5G technology in various fields, and promote the research and development of 6G, officials and experts said at the 6th Digital China Summit, which ended on Friday in Fuzhou, Fujian province.



With the electric vehicle battery installation growing globally despite a slowdown in EV sales, Chinese battery makers have gained a larger footprint in the sector in the first ten months of this year. Experts said a supply surplus in the lithium carbonate industry drove down prices of raw materials, benefiting battery makers and buoying the EV sector.



The Monetary Authority of Singapore announced on Thursday that it is embarking on a pilot program with the People's Bank of China, China's central bank, which will allow travelers from Singapore and China to use e-CNY for tourism spending in both countries.



US-based industrial conglomerate Honeywell said the Chinese renewable energy sector's rapidly growing momentum and future growth potential have persuaded it to deepen its cooperation in the country, in order to continue promoting the application of its technologies in carbon capture, utilization and storage (CCUS) and hydrogen.


Janice Hu, China CEO of Credit Suisse, said the optimization of COVID-19 policies, China's sophisticated consumers, robust fundamentals and improved sentiments are paving the way for a strong rebound. As an international financial institution, Credit Suisse sees invaluable opportunities for collaboration and growth as China deepens financial opening-up, Hu said, with the company having reached an agreement with its local partner to take full ownership of Credit Suisse Securities (China) Limited.

Author: Producer Emilio Mendez

Speaker: Caroline Parraguez

Edition: EAcham

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