20201117 China News
Source: | Author:eacham | Published time: 2020-11-17 | 903 Views | Share:
The China International Import Expo has become an important window for French company Lesaffre to penetrate the Chinese market and take root in China, said Jean-Philippe Poulin, president of Lesaffre Greater China.


China's digital economy has greatly advanced over the past few years, with its scale growing from 11 trillion yuan ($1.7 trillion) in 2016 to 35.8 trillion yuan in 2019, said Yang Xiaowei, deputy director of the National Cyberspace Administration.


China's mobile phone shipments dived 27.3 percent year on year to 26.15 million units in October, according to a report by the China Academy of Information and Communications Technology (CAICT).


China's only policy-oriented insurer specializing in export credit insurance reported steady business growth in the January-October period.The China Export & Credit Insurance Corporation, also known as SINOSURE, served over 143,000 clients, increasing 27 percent year-on-year in the past 10 months.


Innovation has become a catchword in China. And not without reason. In the official document released at the conclusion of the Fifth Plenary Session of the 19th Communist Party of China Central Committee late last month, it was mentioned more than a dozen times as the central leadership vowed to pursue innovation-driven development and self-reliance in science and technology during the 14th Five-Year Plan (2021-25) period.


Hainan province is expected to see its inflow of foreign investment double this year with the implementation of a slew of policies to facilitate trade, investment, and cross-border funds flow, Shen Danyang, vice-governor of Hainan, said on Saturday.


The volume of the digital economy in east China's Jiangsu province hit 4 trillion yuan (around $600 billion) in 2019, accounting for over 40 percent of the province's GDP, according to local authorities.


The world's first air-track intelligent transporting system is being built in Qingdao Port of Shandong Port Group, making China the first country to leverage air-tracking in its fully-automated container terminal.


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

Author: Producer Emilio Mendez

Speaker: Caroline Parraguez

Edition: EAcham

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