20190720 China News
Source: | Author:eacham | Published time: 2019-07-20 | 635 Views | 🔊 Click to read aloud ❚❚ | Share:
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The foreign trade volume of central China's Henan province contracted 1.1 percent in the first half of the year to 210.3 billion yuan ($30.58 billion), local customs authorities said Thursday. The province also saw growing trade with emerging markets in Latin America and Africa, with an increase of 12.3 percent and 26.1 percent, respectively.

A top executive of Chinese technology giant Huawei said here Thursday that the company has no cybersecurity risk management or mitigation mechanism in cooperation with the Chinese government.

The Hangzhou-Shaoxing-Taizhou line in East China's Zhejiang province, which is the first privately controlled high-speed railway line in China, is expected to become the country's first railroad line managed by artificial intelligence, according to the companies responsible for the railway's construction.

China has become the largest source of foreign tourist to Mongolia in the first half of 2019, the country's tourism department said Friday.

China's current account with the rest of the world will remain balanced and stable this year, easing the depreciation pressure on the renminbi despite Sino-US trade tensions, according to the country's foreign exchange regulator.

China's consumption market is expected to remain stable and grow in the second half of the year, pushed by the country's stable job market and tax cut measures, as well as the new round of reform and opening-up, the Ministry of Commerce said in an online statement.

The China Shouguang Vegetable Price Index, a barometer of the country's vegetable market, fell 2.25 percent to 109.75 points on Friday.

Bright prospects still remain for companies and investors looking at China for growth opportunities, despite the slower growth rate, a top economic expert said.

Source:Globaltimes, Xinhuanet, Chinadaily, Shine, Gdtoday,China Plus News

Author: Producer Emilio Mendez

Speaker: Caroline Parraguez

Edition: EAcham

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