20191022 China News

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Oct.22

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China News


1US-based conglomerate Honeywell has launched its Smart Manufacturing Research Center in Shanghai, in a bid to further tap into the Chinese market by diversifying its investment and development in the country


2

Ninetygo, the neo travel lifestyle brand owned by Anhui Korrun Co Ltd, the first Shenzhen Stock Exchange-listed domestic suitcase manufacturer in China, plans to further diversify its product lines, to meet demand from the rising number of Chinese business and vacation travelers.

 

3Chinese currency has a stable foundation, according to senior officials and analysts, and they believe a prudent monetary policy is best for China to deal with domestic and external economic issues.


4A recent survey shows that 60.7 percent of Chinese people prefer in-depth travel to short and quick visits to popular sites just to mark their presence, the China Youth Daily has reported.


5

New home prices in four first-tier cities -- Beijing, Shanghai, Shenzhen and Guangzhou -- increased 0.4 percent month-on-month in September, 0.1 percentage points higher than the previous month, the National Bureau of Statistics (NBS) said.


6

China is pushing forward reforms on the fiscal powers of central and local governments with a high-stake action plan on some of the country's most important taxes.


7More than 76 percent of Chinese young people think they are living a sped-up life, according to a survey released by the China Youth Daily. Young people surveyed living in first- and second-tier cities widely consider they live a faster lifestyle, with 78.9 percent and 77.6 percent, respectively.


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ENDSourceGlobaltimes, Xinhuanet, Chinadaily, Shine, GdtodayChina Plus News

Author: Producer Emilio Mendez

Speaker: Caroline Parraguez

Edition: EAcham

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