Tag #Economic Development

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spanish.china.org.cn

🌐 85% Global Worthiness

Dec 12, 07:09

Chancay Megaport to Boost South America's Asia-Pacific Trade

The newly inaugurated Chancay megaport in Peru, a joint project with China, is expected to significantly reduce transit times to Asia by 30 percent, facilitating trade and attracting foreign investment to boost South America's integration with the Asia-Pacific region.

Chancay Megaport to Boost South America's Asia-Pacific Trade

The newly inaugurated Chancay megaport in Peru, a joint project with China, is expected to significantly reduce transit times to Asia by 30 percent, facilitating trade and attracting foreign investment to boost South America's integration with the Asia-Pacific region.

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How will the Chancay port affect foreign investment and economic development in the region?

Experts like María Osterloh highlight Chancay's potential to catalyze South American integration and facilitate interregional trade with Asia-Pacific. This is expected to attract foreign investment, stimulating various productive sectors in Latin America, including agroindustry, manufacturing, and tourism, leading to job creation and economic growth.

china.org.cn

🌐 85% Global Worthiness

Dec 12, 10:10

GBA Attracts Foreign Investment, Poised to Become Global Business Hub

Foreign investment is surging in China's Guangdong-Hong Kong-Macao Greater Bay Area (GBA) due to improved market access, infrastructure upgrades, and supportive government policies, positioning it as a global business hub; AmCham China's 2024 survey and numerous foreign banks' presence underscore th...

GBA Attracts Foreign Investment, Poised to Become Global Business Hub

Foreign investment is surging in China's Guangdong-Hong Kong-Macao Greater Bay Area (GBA) due to improved market access, infrastructure upgrades, and supportive government policies, positioning it as a global business hub; AmCham China's 2024 survey and numerous foreign banks' presence underscore th...

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How are local authorities in the GBA fostering a business-friendly environment to attract foreign investment?

The GBA's success stems from a strategic blend of private sector dynamism and government planning, creating a favorable business environment. Initiatives like improved access to factors of production and national treatment for foreign enterprises in Guangdong Province are attracting investment. Hong Kong's enhanced connectivity and infrastructure, including its expanded airport, further bolster the region's attractiveness.

usa.chinadaily.com.cn

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Dec 10, 04:08

China-Nepal BRI Cooperation to Boost Nepal's Infrastructure and Economic Development

Nepal and China signed a memorandum of understanding to advance Belt and Road Initiative projects, aiming to improve Nepal's infrastructure and attract Chinese investment in energy, IT, and hospitality, potentially transforming Nepal's economic status and regional connectivity.

China-Nepal BRI Cooperation to Boost Nepal's Infrastructure and Economic Development

Nepal and China signed a memorandum of understanding to advance Belt and Road Initiative projects, aiming to improve Nepal's infrastructure and attract Chinese investment in energy, IT, and hospitality, potentially transforming Nepal's economic status and regional connectivity.

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How will the potential Nepal-China railway impact regional development and economic relations?

The BRI's focus on infrastructure development in Nepal, including a potential Nepal-China railway, is expected to transform Nepal's connectivity and boost economic growth. This railway could reshape South Asia's development paradigm, linking Nepal to China and potentially benefiting other South Asian countries. However, successful implementation requires careful consideration of regional sensitivities and vulnerabilities.

spanish.china.org.cn

🌐 85% Global Worthiness

Dec 10, 07:08

China Vows to Boost Domestic Demand, Deepen Reforms, and Expand Openness for Sustained Economic Growth

Chinese Premier Li Qiang met with leaders from 10 major international economic organizations in Beijing on December 9, 2024, emphasizing China's commitment to boosting domestic demand, deepening reforms, and expanding openness to foster sustained economic growth and global recovery, receiving positi...

China Vows to Boost Domestic Demand, Deepen Reforms, and Expand Openness for Sustained Economic Growth

Chinese Premier Li Qiang met with leaders from 10 major international economic organizations in Beijing on December 9, 2024, emphasizing China's commitment to boosting domestic demand, deepening reforms, and expanding openness to foster sustained economic growth and global recovery, receiving positi...

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How do Li Qiang's statements reflect China's evolving role in global economic governance and its relationship with key international financial institutions?

Li Qiang's meetings underscore China's proactive role in global economic stability. His emphasis on multilateralism and cooperation with organizations like the World Bank, IMF, and WTO reflects a strategy to address global economic challenges collaboratively. The positive feedback from these organizations highlights China's growing influence and contribution to global economic recovery.

fr.allafrica.com

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Dec 10, 16:13

Regional Cooperation and Sustainable Finance Essential for African Market Stability

At the Africa Financial Summit in Casablanca, AMMC President Nezha Hayat highlighted the crucial role of regional cooperation and sustainable finance in strengthening African financial markets, citing the AELP platform and the recent launch of a futures market in Morocco as key advancements.

Regional Cooperation and Sustainable Finance Essential for African Market Stability

At the Africa Financial Summit in Casablanca, AMMC President Nezha Hayat highlighted the crucial role of regional cooperation and sustainable finance in strengthening African financial markets, citing the AELP platform and the recent launch of a futures market in Morocco as key advancements.

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How does the AELP platform contribute to the integration and development of African capital markets?

Hayat emphasized the AMMC's role in developing financial markets and regional harmonization, ensuring investor protection and market efficiency while stimulating economic financing. She cited the creation of an alternative market for SMEs at the Casablanca stock exchange and the revision of legislation governing private equity funds as crucial steps. The recent launch of a futures market, rare in Africa, is another strategic advancement for Morocco, achieved through adherence to international standards and expert guidance.

bbc.com

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Dec 9, 04:05

India's Great Nicobar Development: A $9bn Threat to Indigenous Tribe

India's $9bn Great Nicobar Island development project, including a harbor, power plant, airport, and township, threatens the extinction of the Shompen tribe and the destruction of 964,000 trees, sparking concerns among environmentalists and anthropologists.

India's Great Nicobar Development: A $9bn Threat to Indigenous Tribe

India's $9bn Great Nicobar Island development project, including a harbor, power plant, airport, and township, threatens the extinction of the Shompen tribe and the destruction of 964,000 trees, sparking concerns among environmentalists and anthropologists.

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Life on Land

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How does the project aim to benefit India economically and strategically, and what are the potential counterarguments?

The 720bn rupees ($9bn) project, aiming to boost international trade and counter China's influence, involves building a transshipment harbor, power plant, airport, and township. This development, while promising economic growth, risks displacing the Shompen and destroying their forest habitat, impacting biodiversity and causing the loss of 964,000 trees.

french.china.org.cn

🌐 85% Global Worthiness

Dec 12, 10:10

China's Manufacturing Boom: NEV Production Surpasses 10 Million Units

China's manufacturing sector is booming, with NEV production exceeding 10 million units in 2024, driven by government policies prioritizing innovation and a shift towards high-quality development, despite challenges in balancing innovation investment with operational needs.

China's Manufacturing Boom: NEV Production Surpasses 10 Million Units

China's manufacturing sector is booming, with NEV production exceeding 10 million units in 2024, driven by government policies prioritizing innovation and a shift towards high-quality development, despite challenges in balancing innovation investment with operational needs.

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Industry, Innovation, and Infrastructure

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How is China addressing the challenges of balancing short-term operational needs with long-term investments in technological innovation?

The Chinese government's focus on high-quality development is reflected in its strategic investment in digital workshops and smart factories. Over 90% of these facilities utilize AI and other cutting-edge technologies, boosting productivity and efficiency. This strategy aims to strengthen China's manufacturing prowess and global supply chain resilience.

kathimerini.gr

🌐 75% Global Worthiness

Dec 11, 13:07

HRADF Sets Ambitious Targets for 2025-2027

The Hellenic Republic Asset Development Fund (HRADF) presented its strategic plan for 2025-2027, targeting a 35% EBITDA increase, 3.4% ROI, and the launch of a €303 million investment fund. The plan also includes improving management of public assets, focusing on regional airports and urban transpor...

HRADF Sets Ambitious Targets for 2025-2027

The Hellenic Republic Asset Development Fund (HRADF) presented its strategic plan for 2025-2027, targeting a 35% EBITDA increase, 3.4% ROI, and the launch of a €303 million investment fund. The plan also includes improving management of public assets, focusing on regional airports and urban transpor...

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Industry, Innovation, and Infrastructure

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How will the new investment fund contribute to attracting strategic investments and what sectors are prioritized?

HRADF's strategic goals reflect a broader effort to improve efficiency and attract investment in Greece's infrastructure and economy. The new investment fund will likely attract foreign investment and foster innovation, while the improved management of public assets could lead to increased revenue and fiscal sustainability. The focus on regional airports and urban transportation aims to enhance connectivity and address existing inefficiencies.

usa.chinadaily.com.cn

🌐 85% Global Worthiness

Dec 10, 04:08

Wenchuan Earthquake: A Decade of Reconstruction and Recovery

The 2008 Wenchuan earthquake, China's deadliest in a century, killed over 69,000 and left millions homeless; however, a massive government-led reconstruction effort, funded by the central government and nationwide donations, rebuilt infrastructure and homes within three years, resulting in a triplin...

Wenchuan Earthquake: A Decade of Reconstruction and Recovery

The 2008 Wenchuan earthquake, China's deadliest in a century, killed over 69,000 and left millions homeless; however, a massive government-led reconstruction effort, funded by the central government and nationwide donations, rebuilt infrastructure and homes within three years, resulting in a triplin...

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How did the Chinese government organize and fund the post-quake reconstruction effort?

The Chinese government's response involved massive financial investment, nationwide participation, and collaboration with other provinces. This swift and comprehensive rebuilding effort contrasts sharply with the scale of the disaster, showcasing a highly organized and effective approach to disaster relief and economic recovery. The 'road to prosperity' highway exemplifies this rebuilding.

nbcnews.com

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Dec 10, 22:09

Salt Lake City: From Olympic Venue to Tech Hub

Salt Lake City's hosting of the 2002 Winter Olympics spurred a 51% wage increase and 10% population growth, transforming it into a thriving tech hub within two decades, with the 2034 Games projected to generate $6.6 billion in economic activity.

Salt Lake City: From Olympic Venue to Tech Hub

Salt Lake City's hosting of the 2002 Winter Olympics spurred a 51% wage increase and 10% population growth, transforming it into a thriving tech hub within two decades, with the 2034 Games projected to generate $6.6 billion in economic activity.

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What is the direct impact of the 2002 Winter Olympics on Salt Lake City's economic and technological development?

Salt Lake City's transformation from a winter sports venue to a thriving tech hub is a direct result of the 2002 Winter Olympics. The Games spurred infrastructure improvements and attracted tech talent, leading to a 51% wage increase and 10% population growth over the past decade. This growth is further evidenced by the $1.8 billion acquisition of Utah-based Omniture by Adobe.

fr.allafrica.com

🌐 65% Global Worthiness

Dec 10, 16:13

"Low Adoption of Tunisia's Community Business Program Highlights Systemic Challenges"

"Since March 2022, Tunisia's community business program has seen limited success despite government incentives, due to bureaucratic complexities and insufficient outreach to young graduates and women in agriculture."

"Low Adoption of Tunisia's Community Business Program Highlights Systemic Challenges"

"Since March 2022, Tunisia's community business program has seen limited success despite government incentives, due to bureaucratic complexities and insufficient outreach to young graduates and women in agriculture."

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"What long-term economic and social impacts could widespread adoption of the community business model have on Tunisia, and what strategies can mitigate potential risks or challenges?"

"Future success hinges on addressing systemic issues. This requires not only streamlining bureaucracy and financial aid but also comprehensive training, mentorship, and targeted communication campaigns to build trust and demonstrate the practical benefits of community businesses."

forbes.com

🌐 85% Global Worthiness

Dec 9, 16:11

Core Scientific's AI Supercomputer Expands in Denton, Texas, Despite Past Bankruptcy and Environmental Concerns

Core Scientific, a former bitcoin miner that filed for bankruptcy, secured a deal with Denton, Texas, to transform its 297-megawatt data center into one of North America's largest AI supercomputers, increasing its power draw by 100 megawatts, despite prior concerns about its environmental impact and...

Core Scientific's AI Supercomputer Expands in Denton, Texas, Despite Past Bankruptcy and Environmental Concerns

Core Scientific, a former bitcoin miner that filed for bankruptcy, secured a deal with Denton, Texas, to transform its 297-megawatt data center into one of North America's largest AI supercomputers, increasing its power draw by 100 megawatts, despite prior concerns about its environmental impact and...

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Climate Action

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What are the immediate economic and energy implications for Denton, Texas, resulting from Core Scientific's expansion?

Core Scientific, after declaring bankruptcy, secured a deal with Denton, Texas, to expand its data center operations from cryptocurrency mining to AI computing. This expansion will increase the city's energy consumption significantly, potentially straining local resources. The deal promises substantial tax revenue for Denton.

Showing 805 to 816 of 896 results