20220803 China News
Source: | Author:eacham | Published time: 2022-08-03 | 1049 Views | Share:



01

Zhang Wenzhong, founder and chairman of Wumei Group and digital enabler Dmall, speaks at the 2022 Consumer Goods plans to digitalize its entire businesses -- from consumer-side to corporate operations -- to further drive its interactions with customers and enhance its efficiency. Zhang Wenzhong, founder and chairman of Wumei Group and digital enabler Dmall, said during the 2022 Global Summit, the flagship event of the Consumer Goods Forum, in Dublin, Ireland, that the most noticeable trend for retail in China in the past five years is innovation, digitization and focus on consumers.

 

02

China will accelerate the upgrade of traditional industries through digital transformation and promote integration of the digital economy with the real economy. This effort will be part of China's drive to foster high-quality development of the digital economy, said officials and experts at the Global Digital Economy Conference 2022 in Beijing on Friday.

 

03

Whether a high-tech construction company or food supplier, businesses in Shanghai are striving to find a way to move forward after the city lifted the two-month lockdown on June 1. "As we gained experience since COVID-19 broke out in 2020, we have planned ahead and made adjustments to ensure that 90 percent of our employees, especially those in core operation zones, can work normally," said Yong Junhua, deputy head of TC Smart System Group.

 

04

China will grant zero-tariff treatment on 98 percent of taxable items originating in 16 least-developed countries, according to a statement released by the Customs Tariff Commission of the State Council on Monday. Effective on September 1, the policy will help share market opportunities with those countries, push for common development, and promote the building of a community with a shared future for mankind, the statement said.

 

05

China's economy is on track to post a steady rebound in the second half of the year despite downward pressures from a gloomy global economic outlook and uncertainties both at home and abroad, analysts and experts said. While renewed COVID-19 outbreaks may threaten the pace of the recovery, the country's supply chain will experience less disruption and policy stimulus will play a major role in boosting growth in the second half, they said.

 

06

Launched by China Post, Beijing's first Post Coffee store opened on July 24 and it soon became a photogenic spot among local coffee enthusiasts and young consumers. The coffee house is decorated in China Post's classic green color scheme and features iconic postal items such as postboxes. In addition to coffee, it offers tea, bread and branded merchandise.

 

07

China's national observatory on Monday continued to issue a yellow alert for high temperatures as an intense heatwave lingers in many regions of the country. During daylight hours on Monday, parts of Xinjiang, Shaanxi, Hubei, regions south of the Yangtze River, Sichuan, Chongqing, as well as the southern part of China are expected to experience temperatures of over 35 degrees Celsius, the National Meteorological Center said.








Author: Producer Emilio Mendez

Speaker: Caroline Parraguez

Edition: EAcham




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