20190929 China News
Source: | Author:eacham | Published time: 2019-09-29 | 660 Views | 🔊 Click to read aloud ❚❚ | Share:

click any word to listen to Voice broadcast



China's pork imports surged in August, data from the country's customs authority showed. Pork imports logged a 76-percent year-on-year increase to 162,935 tons, according to the General Administration of Customs.

The 5G-powered concept phone is what Lei Jun, founder and CEO of Xiaomi, said future 5G smartphones will look like. Priced from 19,999 yuan ($2,800), the MIX Alpha, is the company's latest endeavor to transcend technological boundaries.

Tesla's 50-billion-yuan ($7 billion) gigafactory in Shanghai, which is the company's first such facility outside the United States, is expected to commence operations at the end of this year.

China's service trade totaled 3.57 trillion yuan (about $505 billion) in the first eight months of 2019, up 3 percent year-on-year, the Ministry of Commerce (MOC) said Saturday. Service exports amounted to 1.26 trillion yuan, while imports came in at 2.31 trillion yuan, said the MOC.

China's retail sales saw steady growth in 2018, according to a report published by the Ministry of Commerce. Last year, the sales volume stood at 33.8 trillion yuan (about $4.78 trillion), up 8.9 percent from 2017, the report showed.

The profits of China's major industrial firms dropped 2 percent year-on-year in August, data from the National Bureau of Statistics (NBS) showed Friday. The decline came after a 2.6 percent rise in July.

China's fixed-asset investment (FAI) in highways and waterways registered steady growth in the first eight months of this year, official data showed. Total FAI in highways and waterways reached 1.42 trillion yuan (about $199.47 billion) during the January-August period, a year-on-year growth of 3.7 percent, the Ministry of Transport (MOT) said in a report on its website.

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

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