20191208 China News

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Dec.08

EAcham

China News


1

China's tea drinking market is expected to exceed 400 billion yuan ($56.8 billion) by the end of this year, which will be double the market size of coffee by then, a new report said on Thursday.


2

Microsoft announced on Thursday that it will start to offer in China its smart manufacturing solutions, jointly provided by UK-based accounting and professional services firm Ernst& Young. This is part of the US tech giant's efforts to tap into opportunities brought by the country's industrial internet.

 

3

China's foreign exchange reserves stayed relatively stable by the end of November, reported as $3.096 trillion by the country's foreign exchange regulator on Saturday.


4

China is dedicated to building the Yangtze River Delta region into a vibrant world-class economic region in a move to further open up the economy and foster high-quality development, according to the country's top economic regulator.


5

Officials, scholars and business leaders on Thursday stressed the importance of improving technology and product quality as key to achieving high-quality growth, as the country shifts from the period of high-speed development to a higher level featuring high-quality growth.


6

Xiaomi Corp has launched a personal loan service in India aimed at young professionals and millennials, as the Chinese smartphone vendor looks to consolidate its presence in the country's fast-growing internet finance market.


7

Hema Fresh, the new retail chain of internet giant Alibaba Group, is looking to cultivate and brand its indigenous strawberries through a collaboration with Chinese conglomerate Sinochem.


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Author: Producer Emilio Mendez

Speaker: Caroline Parraguez

Edition: EAcham

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