20220311 China News
Source: | Author:eacham | Published time: 2022-03-11 | 961 Views | Share:



01

There is a lot of potential in the structural drivers of China's growth, so the country is likely to see its GDP growth moderate in the first quarter, and accelerate in the second and third quarters when the previous macroeconomic policies take effect, a political adviser said on Tuesday.

 

02

China's producer price index, which gauges factory-gate prices, rose 8.8 percent year-on-year in Feb, down from 9.1 percent in the previous month, the National Bureau of Statistics said on Wednesday.

 

03

Zhanjiang-based Zhongke (Guangdong) Refinery and Petrochemical reported an output value of 80.6 billion yuan ($12.8 billion) in 2021, bringing the total output value of the local green petrochemical industrial cluster to over 100 billion yuan－the first industrial cluster in the city to reach the milestone.

 

04

The application of smart transportation technologies will significantly bring down the current level of carbon emissions and alleviate traffic problems, and internet companies in China need to do more in technological innovation to sharpen their competitiveness, a political adviser said.

 

05

Digital technologies should play a bigger role in promoting industrial upgrade and agile manufacturing to inject fresh impetus in the deeper integration of the digital and real economies, experts and industry insiders said. The comments came as the 2022 Government Work Report said China will continue to advance digitalization of industries, and accelerate development of the industrial internet this year.

 

06

China will work to ensure the number of 5G base stations tops 2 million this year, Minister of Industry and Information Technology Xiao Yaqing said Tuesday. China currently houses around 1.43 million 5G base stations and over 500 million 5G users, Xiao told journalists on the sidelines of the ongoing "two sessions," adding that the country will also make plans to develop 6G technology.

 

07

The proportion of total director seats held by women in China-listed companies has increased more than 5 percentage points from 2016 to 2021, data from global index provider MSCI showed ahead of International Women's Day on Tuesday, but women in the country still have low representation on corporate boards.




Author: Producer Emilio Mendez

Speaker: Caroline Parraguez

Edition: EAcham


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