20230331 China News
Source: | Author:eacham | Published time: 2023-03-31 | 638 Views | Share:



01

Innovation in the financial sector serves as a cornerstone in promoting China's modernization as there is a growing need for wealth management and fundraising for the technology sector, said Wu Xiaoqiu, former vice-president of the Renmin University of China and dean of the China Capital Market Research Institute.

 

02

"China's economy is set to rebound this year as certain new drivers of economic growth have begun to emerge," said Zhu Min, vice-chairman of the China Center for International Economic Exchanges at Boao Forum for Asia's annual conference.

 

03

While the global outlook is clouded by rising downward pressures and a more challenging environment, the world is also embracing new growth opportunities ahead from fields such as the digital economy and intelligent, green transformation, officials and experts said on Wednesday.

 

04

China's progressive economic performance since the beginning of 2023 is a welcome development for the world and is positive for global growth, said a senior business professional attending the ongoing Boao Forum for Asia annual conference.

 

05

China's centrally-administered state-owned enterprises have expanded effective investment in the first two months of 2023, said the country's top state-asset regulator.

 

06

Chinese tech heavyweight Alibaba Group Holding Ltd announced on Tuesday it will split its business into six main units, the biggest restructuring in the company's 24 year history.

 

07

Large-scale construction has been accelerated across Xiong'an New Area in Hebei province, as the area reaches its sixth anniversary, which falls on Saturday. Located about 100 kilometers southwest of Beijing, Xiong'an was set up in April 2017 as a new economic zone and key development hub in the Beijing-Tianjin-Hebei region. It was designed to play a leading role shifting non-capital functions from Beijing.




Author: Producer Emilio Mendez

Speaker: Caroline Parraguez

Edition: EAcham




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