China’s Industrial Shift Fuels Long-Term Economic Growth
China’s economy is transforming as it shifts focus to high-tech industries and services, reshaping its long-term growth and impacting global markets.
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Comprehensive coverage of economic and business news worldwide, with a strong focus on Asia’s emerging markets, trends, and opportunities.
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European Expert: Foreign Companies Should Learn from China’s Competitiveness
Dominique Turpin, European President of China Europe International Business School, urges international companies to learn from China and understand what drives its competitiveness.
Summer Davos 2024 Wraps Up: China Drives Global Economic Growth
The 2024 Summer Davos Forum concluded in Dalian, highlighting China’s pivotal role in driving global economic growth. Experts and leaders emphasized cooperation and innovation as keys to future prosperity.
China Launches Review of Anti-Dumping Duties on EU Toluidine Imports
China’s Ministry of Commerce has initiated a review of anti-dumping duties on toluidine imports from the EU, potentially impacting key industries.
China Advances Green Finance for a Sustainable Future
China’s efforts in green finance and sustainable development were highlighted at the Davos Forum by Zhu Ning, offering insights into the nation’s new energy transformation and future potential.
China’s Industrial Profits Rise 3.4% in First Five Months
China’s major industrial firms saw profits rise by 3.4% year-on-year in the first five months, reaching 2.75 trillion yuan, with equipment manufacturing leading the growth, according to the NBS.
China Unveils Measures to Boost Venture Capital for Tech Innovation
China has introduced new measures to advance venture capital development, aiming to fuel tech innovation and support small and medium-sized enterprises.
KraneShares CEO Jonathan Krane Sees Robust Entry Point into Chinese Market
Jonathan Krane, CEO of KraneShares, shares his positive outlook on investing in the Chinese mainland, highlighting robust entry points and significant opportunities due to economic reforms and policy support.
AI’s Industrial Revolution Highlighted at Summer Davos 2024 in Dalian
At Summer Davos 2024 in Dalian, experts highlight AI’s transformative role in industries like manufacturing and energy, predicting significant economic growth and innovation across global markets.
China Urges EU to Halt Sanctions on Chinese Firms Over Russian Links
China urges the EU to halt sanctions on Chinese firms linked to Russia, expressing strong opposition and emphasizing the importance of China-EU relations.
PepsiCo Strengthens Commitment to Chinese Economy with New Xi’an Plant
PepsiCo affirms its commitment to China’s economy by announcing a new plant in Xi’an, aligning with the country’s call to develop the western region.
8th China-Eurasia Expo Opens in Xinjiang, Fostering Silk Road Cooperation
The 8th China-Eurasia Expo has commenced in Xinjiang’s Urumqi City, drawing over 1,900 participants from 50 countries. The expo aims to foster new Silk Road opportunities and enhance Eurasian cooperation.
Brunswick Group’s Zhu Ning Highlights Global Cooperation Amid Trade Frictions
At the 2024 Summer Davos Forum, Zhu Ning of Brunswick Group emphasized the importance of global cooperation amid trade frictions, highlighting China’s rising influence and evolving China-European Union relations.
George Yeo Highlights China’s Competitiveness Amid Western ‘Overcapacity’ Claims
Singapore’s former Foreign Minister George Yeo highlights China’s strong competitiveness in new energy, attributing Western ‘overcapacity’ remarks to China’s vast market and hardworking people.
WEF Executive Highlights China’s Talent Pool as Key Resource for AI Development
WEF Executive Director Jeremy Jurgens highlights China’s vast talent pool as a crucial resource for advancing AI development, emphasizing the nation’s growing role in global technological innovation.
China’s Rapid Investment in Emerging Technologies Signals Future Growth
Investment in emerging technologies in China is rising rapidly, signaling promising future growth. This trend was highlighted by Frederick Fenter at the release of the “Top 10 Emerging Technologies of 2024”.
Kenya’s Anti-Tax Protests Turn Deadly: At Least 23 Killed
At least 23 people were killed and 30 injured during anti-tax protests in Kenya, as citizens rallied against government-imposed tax increases. The protests highlight the growing economic tensions in the country.
China’s Electric Vehicle Industry Sets Global Standards Amid Tariff Tensions
Chinese electric vehicle manufacturers are leading the global EV race, setting new industry standards despite recent tariff tensions, as highlighted by Li Auto’s innovative efforts in Changzhou.
Global Agricultural Leaders Gather in Beijing to Advance Green Development and Supply Chains
Agricultural leaders from around the world convened in Beijing to promote green development and strengthen global supply chains at the 2024 China Agricultural Conference for International Economic and Trade Cooperation.
How China and the Summer Davos Propel Global Economic Growth
China’s rapid economic growth and active participation in the Summer Davos have significantly contributed to global economic development, fostering international cooperation and innovative solutions.