20191031 China News
Source: | Author:eacham | Published time: 2019-10-31 | 722 Views | 🔊 Click to read aloud ❚❚ ▶ | Share:
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Deployment of both high-end and mass market products will be the dual focal points for South Korean cosmetics company Amorepacific in China, a country representing one-fifth of the firm's total revenue and among its fastest growing markets, according to Charles Kao, president of the company's operations in China.

Huawei extended its market lead by shipping 41.5 million smartphones, to reach a record share of 42 percent in the third quarter of China's smartphone market, registering 66 percent annual growth, according to the latest report released by Canalys, a market research company, on Oct 30.

China will rev up efforts to bolster high-quality development of trade and two-way investment, which can push opening-up to new heights, senior commerce officials said on Tuesday.

The Export-Import Bank of China (China Eximbank) announced Wednesday in Shanghai that it will set up a credit line of 300 billion yuan ($42.5 billion) next year to support imports.

Turkey is actively strengthening economic ties with China in a range of fields including agricultural exports, investment and tourism seeing there's much greater potential than the existing level of trade between the two countries, said Turkish officials.

As consumption continued to be the main engine of China's economic growth, the country is stepping up efforts to create a favorable environment to further unleash consumption potential.

In order to seize the opportunity and attract global attention, EAcham will organize a VIP delegation to the 2nd CIIE named Shenzhen Business Delegation Sourcing Matchmaking Conference (Nov.5th 14:30-17:30) at Hilton Shanghai Hongqiao Hotel. The conference will gather well-known channel merchants, agents and purchasers that will be sharing valuable  projects. This will be a grand event of trade and purchase, but also an excellent opportunity for entrepreneurial representatives to communicate face-to-face.

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

Author: Producer Emilio Mendez

Speaker: Caroline Parraguez

Edition: EAcham


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