20221028 China News
Source: | Author:eacham | Published time: 2022-10-28 | 610 Views | Share:



01

The National Bureau of Statistics releases inventory indexes at the end of every month. The most recent data showed that year-on-year growth rates of both general inventories and finished goods inventories of industrial enterprises are back on a track of decline since May, while the yearly growth pace of inventories started decreasing even earlier — since November last year.

 

02

China's imports and exports were valued 31.11 trillion yuan ($4.29 trillion) in the first three quarters of the year, up 9.9 percent from a year ago, data from the General Administration of Customs showed on Monday.The exports increased 13.8 percent year-on-year to 17.67 trillion yuan, while the imports totaled 13.44 trillion yuan, rising 5.2 percent on a yearly basis.

 

03

A top global cosmetics forum will be held in Shanghai's southern outskirts early next month, featuring one of the world's first metaverse exhibition halls for cosmetics products and cutting-edge cosmetics technologies.The 2022 Oriental Beauty Valley International Cosmetics Conference, to be held on November 8-10, is expected to help transform Shanghai into a global center for beauty and health products, the city government said on Monday.

 

04

Tesla on Monday announced that it will reduce the prices of its Model 3 and Model Y vehicles on the Chinese mainland. According to a latest post by Tesla China's official Weibo account, the price of Tesla Model 3 and Model Y for sale on the mainland will be adjusted to a starting price of 265,900 yuan (US$36,677) for the former and 288,900 yuan for the latter, including China's new-energy vehicle subsidies.

 

05

Austrian composer Gustav Mahler's masterwork "Das Lied von der Erde" used German adaptations of French and German translations of ancient Chinese poems as the source of the text. One such translation by Judith Gautier mistakenly interpreted Li Bai's (AD 701-762) "Banquet to Tao's Family Pavilion" into "Le Pavillon de Porcelaine." The Chinese character tao denotes both the family name and porcelain.

 

06

China's digital economy jumped from 11 trillion yuan ($1.52 trillion) to 45 trillion yuan ($6.20 trillion) during the past decade, providing a powerful motivation to economic and social development, CCTV.com reported on Saturday.The mobile payment is profoundly changing Chinese people's life, with the annual trade volume hitting 527 trillion yuan.

 

07

The report to the 20th National Congress of the Communist Party of China has put the quality of development in a more prominent position, requiring that high-quality development needs to be achieved in all areas, including on the economic, social, cultural and ecological fronts, a senior official said on Monday.




Author: Producer Emilio Mendez

Speaker: Caroline Parraguez

Edition: EAcham




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