Tag #China

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china.org.cn

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Apr 29, 10:19

China Eases Tax Refunds to Boost Inbound Tourism

China's new measures to optimize its departure tax refund policy include lowering the minimum purchase threshold to 200 yuan, raising the cash refund cap to 20,000 yuan, and expanding participating stores, aiming to boost inbound spending and enhance the tourist experience.

China Eases Tax Refunds to Boost Inbound Tourism

China's new measures to optimize its departure tax refund policy include lowering the minimum purchase threshold to 200 yuan, raising the cash refund cap to 20,000 yuan, and expanding participating stores, aiming to boost inbound spending and enhance the tourist experience.

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Decent Work and Economic Growth

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What are the immediate impacts of China's revised departure tax refund policy on inbound tourism and spending?

China recently lowered the minimum purchase threshold for departure tax refunds from 500 to 200 yuan, expanded the network of participating stores, and raised the cash refund ceiling to 20,000 yuan. This significantly boosts the appeal of shopping for overseas tourists like Stephanie from Australia, who praised the policy's ease of use. These changes aim to stimulate inbound spending and improve the tourism experience.

spanish.china.org.cn

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Apr 29, 10:19

Xi Jinping Emphasizes Working Class Role in China's Revitalization at ACFTU Centenary

Chinese President Xi Jinping addressed the All-China Federation of Trade Unions' centenary celebration on April 28th, 2025, honoring 2426 model workers and exemplary individuals, emphasizing the working class's role in national revitalization and promoting a unique socialist trade union path.

Xi Jinping Emphasizes Working Class Role in China's Revitalization at ACFTU Centenary

Chinese President Xi Jinping addressed the All-China Federation of Trade Unions' centenary celebration on April 28th, 2025, honoring 2426 model workers and exemplary individuals, emphasizing the working class's role in national revitalization and promoting a unique socialist trade union path.

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Decent Work and Economic Growth

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What is the significance of Xi Jinping's speech at the ACFTU centenary celebration for China's overall political and economic objectives?

On April 28th, 2025, Chinese President Xi Jinping addressed a centenary celebration for the All-China Federation of Trade Unions (ACFTU), honoring 1670 model workers and 756 exemplary individuals. Xi emphasized the crucial role of the working class in China's revitalization, urging unity and practical efforts to achieve national goals.

africa.chinadaily.com.cn

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Apr 29, 07:14

China's Rural Revitalization Plan Faces Youth Recruitment Challenge

China's 10-year rural vitalization plan, released in April, aims to modernize agriculture and improve rural life for 700 million people by 2035, but faces challenges in attracting young people to rural farming careers due to low pay and difficult working conditions.

China's Rural Revitalization Plan Faces Youth Recruitment Challenge

China's 10-year rural vitalization plan, released in April, aims to modernize agriculture and improve rural life for 700 million people by 2035, but faces challenges in attracting young people to rural farming careers due to low pay and difficult working conditions.

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Zero Hunger

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What are the primary challenges to China's 10-year rural vitalization plan, and how might these challenges impact the plan's success?

China launched a 10-year rural vitalization plan in April, aiming to modernize agriculture and improve rural life for 700 million people by 2035. The plan emphasizes technological advancements like precision farming and digital agriculture, but faces the challenge of attracting young people to rural farming careers.

elmundo.es

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Apr 29, 19:18

White House Accuses Amazon of Politically Motivated Price Increase

The White House criticized Amazon for increasing prices to reflect tariffs imposed by President Trump, prompting Amazon's denial that the changes will be implemented and causing a temporary stock drop; the White House also cited Amazon's alleged ties to China.

White House Accuses Amazon of Politically Motivated Price Increase

The White House criticized Amazon for increasing prices to reflect tariffs imposed by President Trump, prompting Amazon's denial that the changes will be implemented and causing a temporary stock drop; the White House also cited Amazon's alleged ties to China.

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Reduced Inequality

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What is the immediate impact of the White House's accusations on Amazon and its pricing strategies?

The White House accused Amazon of a politically motivated price increase reflecting tariffs imposed by President Trump. Amazon denies this, stating that while a proposal to show import costs on some products was considered, it was never approved. White House spokesperson Karoline Leavitt criticized Amazon for not similarly reflecting costs during the Biden administration.

themoscowtimes.com

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Apr 29, 19:18

US-China Trade War Risks Crippling Russian Economy Through Yuan Devaluation

An advisor to Russia's Central Bank warns that unresolved US-China trade tensions could trigger a Chinese yuan devaluation, flooding Russia with cheap imports and harming domestic manufacturers, especially with China already accounting for 34.1% of Russia's foreign trade turnover in 2023.

US-China Trade War Risks Crippling Russian Economy Through Yuan Devaluation

An advisor to Russia's Central Bank warns that unresolved US-China trade tensions could trigger a Chinese yuan devaluation, flooding Russia with cheap imports and harming domestic manufacturers, especially with China already accounting for 34.1% of Russia's foreign trade turnover in 2023.

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How could the unresolved U.S.-China trade conflict directly impact the Russian economy, considering the current geopolitical context?

U.S.-China trade tensions could significantly harm the Russian economy beyond the impacts of lower oil prices and budget cuts. A potential devaluation of the yuan would boost Chinese goods' competitiveness, threatening Russian manufacturers due to increased imports of cheaper Chinese products, as noted by a Russian Central Bank advisor.

repubblica.it

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Apr 29, 01:17

Brembo Opens AI-focused Inspiration Lab in Shanghai

Brembo inaugurated its first Asian Inspiration Lab in Shanghai during the city's auto show, focusing on AI, software, and data science to enhance braking systems and safety, reflecting its significant presence in the Chinese market (over 15% of annual revenue) and aiming for a future without acciden...

Brembo Opens AI-focused Inspiration Lab in Shanghai

Brembo inaugurated its first Asian Inspiration Lab in Shanghai during the city's auto show, focusing on AI, software, and data science to enhance braking systems and safety, reflecting its significant presence in the Chinese market (over 15% of annual revenue) and aiming for a future without acciden...

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Industry, Innovation, and Infrastructure

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How will Brembo's Shanghai Inspiration Lab contribute to the company's global innovation strategy, and what role will collaborations with local partners play in its success?

The Shanghai lab joins Brembo's global innovation network, including its Silicon Valley lab and ten R&D centers worldwide. Located in Shanghai's Jing'an district, it will foster collaborations with universities, startups, and industry partners to develop cutting-edge solutions. This expansion reflects Brembo's commitment to the Chinese market, which accounts for over 15% of its annual revenue and saw 7.7% growth last year.

spanish.china.org.cn

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Apr 29, 10:19

China's Q1 Industrial Profits Rise Despite External Headwinds

Chinese industrial firm profits rose 0.8% year-on-year in Q1 2024 to 1.5 trillion yuan, driven by high-tech manufacturing and government stimulus, but external challenges remain, prompting further fiscal and monetary measures.

China's Q1 Industrial Profits Rise Despite External Headwinds

Chinese industrial firm profits rose 0.8% year-on-year in Q1 2024 to 1.5 trillion yuan, driven by high-tech manufacturing and government stimulus, but external challenges remain, prompting further fiscal and monetary measures.

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Decent Work and Economic Growth

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What immediate economic impacts resulted from China's first-quarter industrial profit growth, and what are the global implications?

Chinese industrial firms saw a 0.8% year-on-year increase in profits during the first quarter of 2024, reaching 1.5 trillion yuan. This growth is primarily attributed to the robust performance of high-tech manufacturing and sustained economic resilience amid trade disputes with the US. Economists expect a U-shaped recovery, with gradual stabilization in the second half of the year.

pda.kp.ru

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Apr 29, 16:13

BRICS Nations Drive Global Economic Growth: Oreshkin

Maxim Oreshkin, Deputy Head of the Russian Presidential Administration, stated at the "Future of the World: A New Platform for Global Growth" forum that BRICS countries are a key driver of global economic growth due to their significant infrastructure development, contrasting this with stalled growt...

BRICS Nations Drive Global Economic Growth: Oreshkin

Maxim Oreshkin, Deputy Head of the Russian Presidential Administration, stated at the "Future of the World: A New Platform for Global Growth" forum that BRICS countries are a key driver of global economic growth due to their significant infrastructure development, contrasting this with stalled growt...

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What is the primary factor driving the global economic growth according to Maxim Oreshkin?

According to Maxim Oreshkin, Deputy Head of the Russian Presidential Administration, BRICS nations are becoming a key driver of global economic growth. He highlighted BRICS's consensus-based decision-making and positive agenda, emphasizing infrastructure development projects like Russia's Trans-Arctic Transport Corridor and China's Belt and Road Initiative. Unlike Europe and the US, BRICS nations are experiencing significant infrastructure growth.

africa.chinadaily.com.cn

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Apr 29, 10:19

China's Economy Projected to Stabilize Amidst Global Uncertainty

Despite global uncertainty, economists predict China's economy will stabilize in 2024, driven by proposed policy adjustments such as increased fiscal stimulus, monetary easing, and reforms to boost domestic demand, particularly consumption, aiming to translate positive economic indicators into susta...

China's Economy Projected to Stabilize Amidst Global Uncertainty

Despite global uncertainty, economists predict China's economy will stabilize in 2024, driven by proposed policy adjustments such as increased fiscal stimulus, monetary easing, and reforms to boost domestic demand, particularly consumption, aiming to translate positive economic indicators into susta...

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How does the focus on boosting domestic consumption aim to counteract external economic headwinds?

The Chinese government's strategy focuses on proactive fiscal and accommodative monetary policies to counter external headwinds and stimulate domestic consumption. This involves targeted measures such as raising incomes for lower and middle-income groups and removing obstacles to consumer spending, aiming to translate positive economic indicators into sustained growth. The plan also emphasizes structural reforms to foster innovation and strengthen new growth drivers.

forbes.com

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Apr 29, 19:18

U.S. Funding Cuts Fuel Scientific Brain Drain to China and EU

Following U.S. government funding cuts and subsequent layoffs at agencies like the CDC and NIH, China and the EU are aggressively recruiting displaced American scientists, offering attractive relocation packages and research opportunities, creating a potential long-term strategic disadvantage for th...

U.S. Funding Cuts Fuel Scientific Brain Drain to China and EU

Following U.S. government funding cuts and subsequent layoffs at agencies like the CDC and NIH, China and the EU are aggressively recruiting displaced American scientists, offering attractive relocation packages and research opportunities, creating a potential long-term strategic disadvantage for th...

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Quality Education

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What is the immediate impact of U.S. government funding cuts on the nation's scientific workforce and global competitiveness?

Following funding reductions by the Department of Government Efficiency, the U.S. has experienced a wave of layoffs across federal agencies like the CDC and NIH. This has led to other countries, such as China and the EU, actively recruiting these displaced scientists, offering lucrative packages and streamlined relocation processes. The U.S. is losing skilled researchers, impacting its innovation capacity.

theglobeandmail.com

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Apr 29, 19:18

Apple Faces Tariff Headwinds, AI Delays in Q2 Results

Apple is expected to report a small fall in iPhone sales for the second straight quarter in its Q2 results, despite strong demand for its new iPhone 16e, due to the looming threat of Sino-U.S. tariffs and delayed AI features. The company is attempting to mitigate the tariff impact by shifting produc...

Apple Faces Tariff Headwinds, AI Delays in Q2 Results

Apple is expected to report a small fall in iPhone sales for the second straight quarter in its Q2 results, despite strong demand for its new iPhone 16e, due to the looming threat of Sino-U.S. tariffs and delayed AI features. The company is attempting to mitigate the tariff impact by shifting produc...

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How is Apple addressing the potential negative impacts of the Sino-U.S. tariff standoff on its business?

The delayed rollout of key AI features and the looming threat of tariffs are major challenges for Apple. The company's reliance on Chinese manufacturing (90% of products) and its comparatively slower AI development compared to competitors like Samsung and Google expose vulnerabilities. These factors contribute to a decline in iPhone sales and overall market share, particularly in China.

usa.chinadaily.com.cn

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Apr 29, 04:13

China's 10-Year Rural Revitalization Plan: Addressing the Youth Gap in Agriculture

China's 10-year rural vitalization plan, released in April, aims to modernize agriculture and improve rural life for 700 million people by 2035, focusing on food security, global competitiveness, and technological adoption, but faces a challenge in attracting young people to rural agricultural caree...

China's 10-Year Rural Revitalization Plan: Addressing the Youth Gap in Agriculture

China's 10-year rural vitalization plan, released in April, aims to modernize agriculture and improve rural life for 700 million people by 2035, focusing on food security, global competitiveness, and technological adoption, but faces a challenge in attracting young people to rural agricultural caree...

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Zero Hunger

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What specific economic and social measures are necessary to make agricultural careers in rural China attractive to young people, reversing the current trend of urban migration?

The plan's success depends on attracting young, educated workers to rural areas to utilize advanced technologies like AI and precision farming. Currently, most rural farmers are elderly, and young people seek higher-paying urban jobs. This necessitates improving wages and working conditions in rural agriculture.

Showing 1,957 to 1,968 of 7,350 results