20230407 China News
Source: | Author:eacham | Published time: 2023-04-07 | 863 Views | Share:



01

In the first quarter of this year, Southwest China's Chongqing municipality has inked 70 major projects with a total contract investment value of over 208 billion yuan ($30 billion), said local authorities.

 

02

China's economy continues to recover, with some economic indices showing steady growth. As consumer spending picked up steadily and the efficiency of economic operation has been improved, the country's logistics business expanded significantly in March with the total business index rebounding to its best level since last year.

 

03

Trade between China and Mongolia via Ganqmod Port, the largest highway port between China and Mongolia, continued to boom in the first quarter of 2023, official data shows.

 

04

Following a boom in infrastructure projects linking the 11 cities in the Guangdong-Hong Kong-Macao Greater Bay Area, it is a top priority for the city cluster to create a group identity by reconciling different professional standards and cultural gaps, said James Chang, managing partner of regional economic clusters and south markets at PwC China.

 

05

China and France, considered two major manufacturing powerhouses of the world, are expected to deepen their commercial relations in trade, investment and beyond to stimulate both the business vitality of the two sides and global economic recovery, said analysts and business leaders.

 

06

The rising global use of the Chinese renminbi will accelerate the world's shift toward a multipolar international currency system, a process critical for global financial stability as the drawbacks of the dollar-centred system can no longer be ignored, experts said.

 

07

Chinese businesses have posted a strong rebound in sales revenue since the beginning of this year in the latest signal of an improving economy. Wang Jun, head of the State Taxation Administration, told a press conference Thursday that the combined sales revenue of businesses nationwide gained 4.7 percent year-on-year in the first three months of 2023 and logged an increase of 6.2 percentage points in comparison with the fourth quarter last year.




Author: Producer Emilio Mendez

Speaker: Caroline Parraguez

Edition: EAcham





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