20200315 China News

20200315 China News

Source: | Author:eacham | Published time: 2020-03-15 | 904 Views | Share:

Chinese steelmaker Jingye Group has completed the buyout of British Steel, helping secure 3,200 jobs and saving the British company from liquidation.

China Southern Airlines, the largest airline by fleet size in Asia, plans to resume international passenger flights to a number of regions starting on Friday, with demand to Australia and New Zealand becoming robust.

Chinese steelmaker Jingye Group has completed the buyout of British Steel, helping secure 3,200 jobs and saving the British company from liquidation.

China on Friday announced targeted measures to boost consumption, including improving the consumer market supply and speeding up the construction of the smart consumption ecosystem, in a move to foster steady growth in the economy amid the novel coronavirus outbreak.

China will accelerate cuts to the negative list of foreign investment access to the country and pilot free trade zones, said the Ministry of Commerce on Friday.

Foreign direct investment (FDI) into the Chinese mainland fell 8.6 percent year-on-year in the first two months of 2020 amid the combined impacts of the novel coronavirus outbreak and extended Lunar New Year holidays, a commerce official said Friday.

To match the rapid trend of resuming work in Shanghai, the United Office Platform of Global Chambers (GCP) issued a preferential policy to provide foreign companies who join in the GCP before the end of March with two months of free co-working office space and amenities. Welcome to contact EAcham for more details.

Imports and exports in South China's Guangdong province have witnessed signs of growth since February, when many foreign trade companies have resumed production, according to a statement released by Guangdong Customs on Friday.

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

Author: Producer Emilio Mendez

Speaker: Caroline Parraguez

Edition: EAcham

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