20191018 China News
Source: | Author:eacham | Published time: 2019-10-18 | 695 Views | 🔊 Click to read aloud ❚❚ ▶ | Share:

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With a fortune of 175 billion yuan ($24.68 billion), Yang Huiyan, vice-chairwoman of Country Garden, has been crowned China's richest woman for the third consecutive year, according to the Hurun Richest Women in China 2019 list released by Hurun Research Institute.

Smartphone vendor Oppo said it will launch the world's first 5G smartphone equipped with Qualcomm's dual-mode chip by the end of this year, as the company ramps up innovation to tap increasing demands.

In Hangzhou, East China's Zhejiang province, Cainiao's bonded warehouse for "entry lux" products holds bonded goods worth more than 100 million yuan ($14.08 million) during peak seasons, including imported brand handbags, watches and gold jewelry, all of which need comprehensive inspections before they are allowed to be stored and then sold on TMALL Global.

Foreign direct investment into the Chinese mainland grew 6.5 percent year-on-year to 683.21 billion yuan ($96.4 billion) in the first nine months of this year, the Ministry of Commerce said Tuesday.

Companies from Singapore and China will have greater access to each other's markets, especially in services trade, e-commerce and environmental protection areas, after the upgraded China-Singapore Free Trade Agreement took effect on Wednesday.

China will roll out more measures friendly to foreign investors, including further removing business restrictions and leveling the playing field for foreign businesses, to foster a more enabling business environment and attract overseas investment.

FILA, a venerated Italian brand, will look to expand its reach to various age groups in China with a focus on high fashion and sports performances, a top company official said.

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

Author: Producer Emilio Mendez

Speaker: Caroline Parraguez

Edition: EAcham

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