20191103 China News

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Nov.3

EAcham

China News


1

The market size of China's sharing economy is expected to exceed 9 trillion yuan (about $1.28 trillion) in 2020, according to a consultancy report.


2

While the contracted manufacturing sector in October signaled continuous downward pressure, a mild improvement of the Chinese economy could still be expected over the rest of the year, on the back of policy support, especially on the fiscal side, analysts said.

 

3

China's gold consumption fell to 768.31 tonnes during the first three quarters of the year, down 9.58 percent year on year, the latest data showed.


4

Hyundai Motor Group, South Korea's automotive behemoth, aimed to continue guaranteeing its future growth in tandem with China's reform and opening-up, a Hyundai executive said.


5

China's six large State-owned commercial banks maintained steady growth in the first nine months of this year. They posted total net profit of 931.74 billion yuan ($132 billion) attributable to equity holders of the bank during this period, up 5.56 percent year-on-year.


6

The Weifang Hi-Tech Industrial Development Zone in Weifang city, East China's Shandong province, is taking a series of measures to attract and upgrade its business environment aimed at supporting long-term development of the region.


7

China will roll out a guideline to better use foreign investment with a focus on safeguarding the national treatment of foreign-funded enterprises.


8

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Author: Producer Emilio Mendez

Speaker: Caroline Parraguez

Edition: EAcham

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