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German Firms Embrace Growth Potential in the Chinese Market
Over 90% of German firms are “very committed” to China’s market, recognizing its significant growth potential, says Jens Hildebrandt of the German Chamber of Commerce in China.
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Over 90% of German firms are “very committed” to China’s market, recognizing its significant growth potential, says Jens Hildebrandt of the German Chamber of Commerce in China.
China’s consumption data for the first half of 2023 shows an 8.2% year-on-year growth in retail sales, highlighting the country’s economic momentum. Experts discuss the driving forces behind this surge.
With global GDP growth slowing, China’s roadmap for high-quality growth and openness offers hope for economic recovery, as discussed by World Bank VP Manuela V. Ferro.
China warns against attempts to create a ‘forced decoupling’ in Xinjiang, urging companies to respect facts and continue investing in the region, according to Foreign Ministry spokesperson Mao Ning.
China’s 2024 government work report emphasizes a prudent monetary policy focused on stability, innovation, and risk prevention, aiming to foster sustainable economic growth through structural reforms and support for key sectors.
Wei Zhaohui of the CPPCC underscores the China-ASEAN Expo’s pivotal role in fostering cooperation and advancing the China-ASEAN Free Trade Area 3.0 during the Two Sessions.
Chinese officials express confidence in achieving the 2024 GDP growth target of around 5%, emphasizing strong economic fundamentals and proactive fiscal and monetary policies.
China’s Commerce Minister Wang Wentao emphasizes confidence and patience in WTO work, celebrating achievements at MC13, including the landmark Investment Facilitation for Development Agreement.
China will continue to promote high-standard financial opening up and enhance transparency, according to Pan Gongsheng, governor of the PBOC, emphasizing expansion of financial services and markets.
China’s exports and imports are showing positive signs despite global challenges, with Commerce Minister Wang Wentao highlighting trade recovery and plans to deepen international cooperation.
China’s economic planning chief affirms that the 2024 GDP growth target of around 5% is achievable with concerted efforts, highlighting confidence in meeting the nation’s development goals.
White loquats have become a lucrative cash crop for Metok County in southwest China’s Xizang Autonomous Region, bringing prosperity and recognition to this once remote area.
An exploration of American perspectives on China’s technological advancements, highlighting growing familiarity with Chinese brands and a shared interest in global collaboration and sustainability.
Argentina’s poverty rate has soared to a 20-year high due to austerity measures under President Javier Milei, severely impacting low-income communities and overwhelming soup kitchens.
NPC Deputy Kenneth Fok Kai-kong emphasizes that Hong Kong’s tourism success is closely linked to the country’s strong support, highlighting the significant role of national measures in boosting the industry.
New Hope Group Chairman Liu Yonghao emphasizes the need to enhance the vitality of China’s private enterprises, echoing Premier Li Qiang’s commitment to support private sector growth.
Sany Heavy Industry Chairman Xiang Wenbo sees crises as opportunities, outlining a strategic focus on globalization, decarbonization, and digitalization to navigate challenges.
China’s silver economy is booming as the nation’s aging population grows. Businesses are seizing opportunities in healthcare, travel, and technology to meet the diversified needs of the elderly.
CPPCC member Wei Zhaohui announces CAEXPO 2024 will invite Gulf countries as special partners, promising innovation and expanded collaboration.
China has set its 2024 GDP growth target at around 5 percent, signaling confidence in its economic resilience amid global uncertainties. The pragmatic goal balances ambition with caution in volatile times.