20201001 China News
Source: | Author:eacham | Published time: 2020-10-01 | 1169 Views | Share:
Nissan Motor plans to launch a slew of new vehicles, including electric cars, in the growing Chinese market over the next five years, which could help the Japanese automaker return to profit, Reuters reported on Saturday. The company said it will launch nine new and re-designed electric models in the world's biggest auto market by 2025, including plug-in electric vehicles and hybrid electric cars that charge with a gasoline engine.

Hyundai's affiliate Kia Motors Corporation is launching an initiative to rejoin the ranks of mainstream vehicle brands in China, and the key advantage is differentiation, a senior executive said. "You have to be different. If you just follow others you will be in big trouble," said Li Feng, president of its Chinese joint venture Dongfeng Yueda Kia.

China's new economic development pattern of "dual circulation" relies on domestic circulation to drive its international circulation and promotes deeper and wider opening-up, experts said on Tuesday.

China remains committed to the Sustainable Development Goals despite challenges brought by the COVID-19 global pandemic, a senior official said. The country has been actively implementing the 2030 Agenda for Sustainable Development at home and promoting international development cooperation for the achievement of the SDGs in the past five years, aligning the 13th Five-Year Plan (2016-20) with the 2030 Agenda, said Huang Yiyang, deputy director-general of the Ministry of Foreign Affairs' Department of International Economic Affairs. 

The People's Bank of China, the central bank, will take more steps to ensure that its monetary policy mechanism reaches the desired target audience and boosts the real economy, while reducing financial risks, according to experts.

Wang Guangfu came for border trade in the city of Ruili in Southwest China 20 years ago, but his lineup of products was quite limited: he mainly sold made-in-China laundry items to Myanmar.These days, however, he sells more than 10,000 types of products to Myanmar, in trade that has gone completely online.

China's international trade surplus in goods and services last month stood at 312.1 billion yuan ($45 billion), official data showed on Tuesday. The country's trade income amounted to over 1.69 trillion yuan, while expenditure was at 1.38 trillion yuan, according to data released by the State Administration of Foreign Exchange.

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：+86-10-64952381

Fax：+86-10-64958922
E-mail：info@eacham.org