2022-08-01 08:04


20220801 China News

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Amid intensifying downward pressure, China's steel industry must accelerate its pursuit of innovation-driven high-quality development to control output, cut inventories and increase added value of steel products, government officials and industry experts said on Friday.


China will launch a pilot program encouraging personal deposits for retirement planning in five cities to further expand the supply of financial products and meet diversified demand for old-age provision.


China will launch a pilot program encouraging personal deposits for retirement planning in five cities to further enrich the supply of financial products and meet the diversified demand for elderly provision.


Automotive transportation and logistics are among the sectors that are expected to see faster adoption of artificial intelligence technologies in China over the next decade, driving billion-dollar opportunities, company executives and experts said.


The Chinese mainland on Saturday reported 74 locally-transmitted confirmed COVID-19 cases, including 32 in Guangxi and 31 in Gansu, the National Health Commission said on Sunday. Altogether 360 local asymptomatic carriers were newly identified on Saturday. Among them, 143 were in Guangxi and 103 were in Gansu.


A total of 2,043.5 km of new railway lines were put into operation across China in the first half of 2022 (H1), according to the country's railway operator. This includes some 995.9 km of new high-speed tracks, data from China State Railway Group Co Ltd showed.


China's economy is on track to post a steady rebound in the second half of the year despite downward pressures from a gloomy global economic outlook and uncertainties both at home and abroad, analysts and experts said.


Launched by China Post, Beijing's first Post Coffee store opened on July 24 and it soon became a photogenic spot among local coffee enthusiasts and young consumers. The coffee house is decorated in China Post's classic green color scheme and features iconic postal items such as postboxes. In addition to coffee, it offers tea, bread and branded merchandise.

SourceXinhuanet,Chinadaily,Shine,GdtodayChina Plus News

Author: Producer Emilio Mendez

Speaker: Caroline Parraguez

Edition: EAcham


Import demands from Chinese enterprises

A Chinese import company in Shanghai needs to purchase copper cathode, iron ore, aluminum ingots and copper concentrates. 

Quantity: 100 tons for trail order, after trail order the quantity demanded as per month is of 2,500-3,000 tons.

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