20200112 China News

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China News

1Major pig breeding firms posted robust sales and higher net profits last year as pork prices surged and the uptrend is likely to continue this year, industry experts said.


South China's Hainan province saw its foreign direct investment (FDI) inflow rise 107.8 percent in 2019, according to the province's department of commerce Friday.



The port of Tianjin, a major link in the Beijing-Tianjin-Hebei region, saw its container throughput rise 8.1 percent year-on-year in 2019, according to Tianjin Port Group Co Ltd Friday.


Easing consumer prices, improving industrial activity keep momentum on an even keel. Inflation pressure has started abating in China and could remain subdued for the rest of the year as consumer prices, led by pork, have started softening since last month, analysts said on Thursday.


China will fully open its oil and gas exploration and mining market to qualified foreign and private enterprises, so that the industry will become further vitalized, under a pilot guideline released on Thursday by the Ministry of Natural Resources.


On Dec 28, the revised Securities Law of the People's Republic of China was approved and adopted by the Standing Committee of the National People's Congress, the country's top legislature, and it will come into effect on March 1.


As China has made advancements in protecting intellectual property (IP), foreign investors should not scare themselves away with IP worries from the world's biggest market, according to Randall MacEwen, president and CEO of Ballard Power Systems, a leading high-tech fuel cell provider.


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SourceGlobaltimes, Xinhuanet, Chinadaily, Shine, GdtodayChina Plus News

Author: Producer Emilio Mendez

Speaker: Caroline Parraguez

Edition: EAcham

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