20200114 China News

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China News

1Having lived in the city of Chengdu for nearly 20 years, Park Weon-seo, an entrepreneur from the Republic of Korea, is highly optimistic about the relations between the western Chinese city and his country.


China's per capita GDP will for the first time exceed $10,000 in 2019, The Paper reported quoting an official from the country's top economic regulator.



Meitu Inc, the developer behind a series of mobile apps, including the popular Meitu camera, will be utilizing artificial intelligence to launch a series of beauty-related products, said Wu Xinhong, the CEO and founder of Meitu Inc, during a recent panel discussion on the delivery of more intuitive and personalized beauty solutions for Chinese consumers in Shanghai.


Air Macao, the only base carrier of the Macao Special Administrative Region, launched its first flight between Macao and Beijing Daxing International Airport on Monday, and now the airline operates five daily flights between the two cities.


Regulators are determined to deal with high-risk financial institutions and continue to dismantle shadow banking, the China Banking and Insurance Regulatory Commission said on Saturday.


China's annual amount of tax and fee cuts in 2019 is expected to total 2.36 trillion yuan ($340.73 billion), according to the Ministry of Industry and Information Technology (MIIT).


As China begins 2020, its modernization drive continues to gain momentum. In South China's Guangdong province, one of the country's major economic powerhouses, high-tech and new-industry sectors are powering economic growth, along with the upgrade of traditional manufacturing.


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SourceGlobaltimes, Xinhuanet, Chinadaily, Shine, GdtodayChina Plus News

Author: Producer Emilio Mendez

Speaker: Caroline Parraguez

Edition: EAcham

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