Tag #China

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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.

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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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.

china.org.cn

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Apr 29, 10:19

Chinese Companies Diversify Markets Amid US Tariff Hikes

A recent survey of 1,100 Chinese foreign trade companies shows that nearly 50 percent plan to reduce US business due to tariffs, while 75.3 percent are expanding into emerging markets to compensate, prompting a strategic shift in Chinese trade practices.

Chinese Companies Diversify Markets Amid US Tariff Hikes

A recent survey of 1,100 Chinese foreign trade companies shows that nearly 50 percent plan to reduce US business due to tariffs, while 75.3 percent are expanding into emerging markets to compensate, prompting a strategic shift in Chinese trade practices.

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What is the primary impact of US tariff hikes on Chinese foreign trade companies, and what specific actions are they taking in response?

A survey of over 1100 Chinese foreign trade companies revealed that nearly half plan to curtail US business due to tariffs. Simultaneously, 75.3 percent aim to expand into emerging markets. This shift reflects a proactive response to increased uncertainty caused by fluctuating US trade policies.

welt.de

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Apr 29, 10:18

Global EV Market Share Hits Record High in Q1 2024

Global EV and plug-in hybrid sales reached a record 25 percent market share in Q1 2024, driven by a 42 percent surge in Battery Electric Vehicles (BEVs), with China leading the growth (1.6 million units, +55 percent), while German automakers saw significant gains in Europe and Germany but losses in ...

Global EV Market Share Hits Record High in Q1 2024

Global EV and plug-in hybrid sales reached a record 25 percent market share in Q1 2024, driven by a 42 percent surge in Battery Electric Vehicles (BEVs), with China leading the growth (1.6 million units, +55 percent), while German automakers saw significant gains in Europe and Germany but losses in ...

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Climate Action

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What were the key factors driving the record-high market share of EVs and plug-in hybrids in the first quarter of 2024?

In the first quarter of 2024, electric vehicles (EVs) and plug-in hybrids reached a record-high market share of 25 percent globally. This surge was driven primarily by a 42 percent increase in Battery Electric Vehicles (BEVs), reaching 2.7 million units sold across 40 major markets. China led this growth with a 55 percent increase in BEV sales, totaling 1.6 million units.

africa.chinadaily.com.cn

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Apr 29, 07:14

China strengthens nuclear safety with new draft law

China is drafting a new atomic energy law with 59 provisions focusing on emergency management, safety protocols, and material control to prevent accidents and promote sustainable nuclear energy development, reflecting its commitment to responsible nuclear power.

China strengthens nuclear safety with new draft law

China is drafting a new atomic energy law with 59 provisions focusing on emergency management, safety protocols, and material control to prevent accidents and promote sustainable nuclear energy development, reflecting its commitment to responsible nuclear power.

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Affordable and Clean Energy

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What specific actions is China taking to enhance its response capabilities in case of nuclear accidents?

China is bolstering its atomic energy safety regulations with a new draft law focusing on emergency response and prevention. The law mandates a national coordination committee, comprehensive emergency plans, and regular drills to mitigate potential accidents. Strict penalties are outlined for delays or false reporting in emergency situations.

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.

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.

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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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.

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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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.

euronews.com

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Apr 29, 10:18

Trump Administration Announces Tariff Relief on Auto Parts

The Trump administration announced tariff relief on auto parts for cars made in the US, preventing double taxation and aiming to boost domestic manufacturing, following intense industry lobbying and market volatility.

Trump Administration Announces Tariff Relief on Auto Parts

The Trump administration announced tariff relief on auto parts for cars made in the US, preventing double taxation and aiming to boost domestic manufacturing, following intense industry lobbying and market volatility.

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What immediate impact will the tariff relief on auto parts have on the US automotive industry and global markets?

The Trump administration announced tariff relief on auto parts, reducing tariffs for domestically manufactured cars and preventing double taxation on existing levies. This follows intense lobbying by industry leaders and President Trump's mid-April indication to aid car companies. A formal proclamation is expected soon.

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.

usa.chinadaily.com.cn

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Apr 29, 07:14

Seven Student-Athletes Awarded Joe Tsai Basketball Scholarship

The Joe Tsai Basketball Scholarship announced its 2025 cohort of seven student-athletes from mainland China and Hong Kong, who will receive full financial support for their high school education in the US, marking the program's expansion and continued commitment to developing basketball talent.

Seven Student-Athletes Awarded Joe Tsai Basketball Scholarship

The Joe Tsai Basketball Scholarship announced its 2025 cohort of seven student-athletes from mainland China and Hong Kong, who will receive full financial support for their high school education in the US, marking the program's expansion and continued commitment to developing basketball talent.

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Quality Education

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What is the immediate impact of the Joe Tsai Basketball Scholarship's 2025 cohort selection?

The Joe Tsai Basketball Scholarship program has selected seven student-athletes from mainland China and Hong Kong for its 2025 cohort. The scholarship, now in its fifth year, provides full financial support for their high school education in the United States. This year's recipients will begin their studies this fall.

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