Tag #Economy

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spanish.china.org.cn

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Mar 5, 07:15

China's Top Advisor Urges More Efforts for Modernization Goals

China's top political advisor Wang Huning urged more efforts to achieve modernization goals at the opening of the annual meeting of over 2,000 national political advisors in Beijing on Tuesday, where China's achievement of its 2024 economic and social development targets was highlighted.

China's Top Advisor Urges More Efforts for Modernization Goals

China's top political advisor Wang Huning urged more efforts to achieve modernization goals at the opening of the annual meeting of over 2,000 national political advisors in Beijing on Tuesday, where China's achievement of its 2024 economic and social development targets was highlighted.

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What specific goals did China achieve in 2024, and what is the immediate significance of these achievements for the nation's modernization drive?

China's top political advisor, Wang Huning, urged increased efforts to achieve modernization goals during the annual meeting of national advisors. Over 2,000 advisors attended, and the session's agenda was approved. China reported achieving its 2024 economic and social development targets.",

spanish.china.org.cn

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Mar 5, 07:15

China's 'Two Sessions' to Focus on Ecological Development Amidst Global Competition

During China's 'Two Sessions', ecological development, including building renovations and photovoltaic innovation, will be central themes; Zhong Baoshen emphasized independent innovation to counter unfair competition from the West, while Dai Hegen highlighted the importance of green building renovat...

China's 'Two Sessions' to Focus on Ecological Development Amidst Global Competition

During China's 'Two Sessions', ecological development, including building renovations and photovoltaic innovation, will be central themes; Zhong Baoshen emphasized independent innovation to counter unfair competition from the West, while Dai Hegen highlighted the importance of green building renovat...

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Climate Action

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What are the key challenges facing China's photovoltaic industry, and how is the government addressing them?

China's National People's Congress (NPC) and the Chinese People's Political Consultative Conference (CPPCC) will focus on ecological development, including building renovations and photovoltaic innovation. Zhong Baoshen, an NPC deputy and president of Longi Green Energy Technology, highlighted the need for independent photovoltaic innovation to overcome challenges like unfair competition from the US and Europe.

forbes.com

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Mar 5, 07:15

China Sets 5% GDP Growth Target Amid US Trade War

China set a 5% GDP growth target for 2025, facing challenges from a US trade war and weak domestic consumption, prompting increased government spending and a focus on boosting domestic demand and private sector innovation.

China Sets 5% GDP Growth Target Amid US Trade War

China set a 5% GDP growth target for 2025, facing challenges from a US trade war and weak domestic consumption, prompting increased government spending and a focus on boosting domestic demand and private sector innovation.

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Decent Work and Economic Growth

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What is the immediate impact of the US tariff increase on China's economic growth prospects?

China's 2025 economic growth target remains at around 5%, matching 2024's goal. However, achieving this target faces significant headwinds from escalating US trade tariffs and weak domestic consumption. Increased government borrowing (fiscal deficit at 4% of GDP) is planned to stimulate the economy.

usa.chinadaily.com.cn

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Mar 5, 07:15

Foreign Investors Optimistic About China's Future Following "2025 Action Plan

Multinational executives anticipate supportive policies from China's "two sessions" to further improve the business environment and encourage foreign investment, particularly in new energy vehicles and intelligent mobility, as evidenced by the positive response to the recent "2025 Action Plan for St...

Foreign Investors Optimistic About China's Future Following "2025 Action Plan

Multinational executives anticipate supportive policies from China's "two sessions" to further improve the business environment and encourage foreign investment, particularly in new energy vehicles and intelligent mobility, as evidenced by the positive response to the recent "2025 Action Plan for St...

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What are the long-term implications of China's focus on high-quality development, digitalization, and decarbonization for foreign investors and the overall business landscape?

The sustained trend of high-level opening-up in China is expected to continue, fostering innovation and sustainable growth. Foreign investors anticipate policy measures from the "two sessions" that will further enhance the business environment and support the expansion of foreign enterprises in key sectors such as new energy vehicles and intelligent mobility. This indicates a positive outlook for foreign investment and collaboration in shaping China's economic future.

usa.chinadaily.com.cn

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Mar 5, 07:15

China's Visa-Free Policy Fuels Surge in Japan-China Tourism

Following China's November 30th visa-free policy for Japanese citizens, allowing 30-day stays, Japanese travel agencies report a significant surge in bookings to China, reaching 20% of 2019 levels in Q1 2024—a 15-fold increase year-on-year—while Japan also introduced relaxed visa measures for Chines...

China's Visa-Free Policy Fuels Surge in Japan-China Tourism

Following China's November 30th visa-free policy for Japanese citizens, allowing 30-day stays, Japanese travel agencies report a significant surge in bookings to China, reaching 20% of 2019 levels in Q1 2024—a 15-fold increase year-on-year—while Japan also introduced relaxed visa measures for Chines...

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No Poverty

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How are both Japan and China facilitating increased tourism beyond visa exemptions?

The renewed focus on tourism between Japan and China aims to revitalize bilateral relations, as emphasized by tourism professionals at a Tokyo event. This is supported by reciprocal visa relaxations: China's visa-free policy for Japanese citizens and Japan's extended visa duration and new multiple-entry tourist visas for Chinese citizens. A 10-point consensus from a recent high-level meeting further underscores the commitment to tourism cooperation.

forbes.com

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Mar 5, 07:15

CDL Advisor Resigns Amidst Kwek Family Boardroom Dispute

Following a public family feud and lawsuit, Catherine Wu, an advisor at City Developments Ltd. (CDL), resigned, leading to a 2% rise in CDL's share price and addressing corporate governance concerns raised by the company's CEO, Sherman Kwek.

CDL Advisor Resigns Amidst Kwek Family Boardroom Dispute

Following a public family feud and lawsuit, Catherine Wu, an advisor at City Developments Ltd. (CDL), resigned, leading to a 2% rise in CDL's share price and addressing corporate governance concerns raised by the company's CEO, Sherman Kwek.

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How did the concerns raised about Catherine Wu's advisory role contribute to the boardroom conflict at CDL?

The resignation of Catherine Wu appears to resolve the immediate corporate governance concerns raised by Sherman Kwek, who accused her of interfering with Millennium & Copthorne Hotels' affairs. This action follows Kwek Leng Beng's lawsuit against his son for an alleged boardroom coup. The public nature of the dispute has impacted CDL's share price and reputation.

spanish.china.org.cn

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Mar 5, 07:15

China Condemns US Re-Imposition of Tariffs on Chinese Goods

China strongly opposes the US's re-imposition of a 10 percent tariff on Chinese goods, effective March 4th, citing violations of WTO rules and vowing countermeasures; the dispute centers on fentanyl and broader trade relations.

China Condemns US Re-Imposition of Tariffs on Chinese Goods

China strongly opposes the US's re-imposition of a 10 percent tariff on Chinese goods, effective March 4th, citing violations of WTO rules and vowing countermeasures; the dispute centers on fentanyl and broader trade relations.

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What are the immediate consequences of the US's reimposed tariffs on Chinese goods?

China strongly opposes the US's decision to reimpose a 10 percent tariff on Chinese goods, vowing countermeasures to protect its interests. The spokesperson cited the US's repeated blame shifting regarding fentanyl and accusations of unilateralism and intimidation.

jpost.com

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Mar 5, 07:15

Israel's Opportunity: Becoming a Regional Communication Hub

Israel can become a central communication hub in the Middle East by investing in subsea and terrestrial cables, leveraging its technological expertise to attract international investment and enhance its economic and geopolitical standing.

Israel's Opportunity: Becoming a Regional Communication Hub

Israel can become a central communication hub in the Middle East by investing in subsea and terrestrial cables, leveraging its technological expertise to attract international investment and enhance its economic and geopolitical standing.

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Industry, Innovation, and Infrastructure

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How can Israel leverage its technological strengths to gain economic and geopolitical advantages in the Middle East and globally?

Israel, lacking vast natural resources, can leverage its technological prowess to become a central communication hub in the Middle East, linking Europe, Asia, and the region. This would involve investments in subsea and terrestrial cables, boosting domestic tech companies and attracting international investors.

usa.chinadaily.com.cn

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Mar 5, 07:15

DeepSeek's Profitability Highlights Potential for LLM Market Consolidation

DeepSeek, a Chinese AI startup, reported a $474,955 theoretical daily profit (Feb 27-28) from its LLMs, despite lower actual revenue due to pricing and service strategies; this revelation highlights the potential for LLM profitability and is expected to cause market consolidation by 2027, with Gartn...

DeepSeek's Profitability Highlights Potential for LLM Market Consolidation

DeepSeek, a Chinese AI startup, reported a $474,955 theoretical daily profit (Feb 27-28) from its LLMs, despite lower actual revenue due to pricing and service strategies; this revelation highlights the potential for LLM profitability and is expected to cause market consolidation by 2027, with Gartn...

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What are the immediate implications of DeepSeek's cost and revenue data on the LLM market?

DeepSeek, a Chinese AI startup, reported a daily net profit of $474,955 on February 27-28, based on theoretical calculations. However, actual revenue fell short due to factors like lower pricing for certain models and free services. This highlights the potential for LLM profitability with efficient optimization.

forbes.com

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Mar 5, 07:15

Qatari Fund Explores \$1 Billion Investment in Vietnam's VinFast and Vinpearl

JTA Investment Qatar is exploring at least a \$1 billion investment in Vietnamese conglomerate Vingroup's electric vehicle company VinFast and its hospitality arm Vinpearl, aiming to support VinFast's global expansion and enhance Vinpearl's offerings, leveraging their combined resources and expertis...

Qatari Fund Explores \$1 Billion Investment in Vietnam's VinFast and Vinpearl

JTA Investment Qatar is exploring at least a \$1 billion investment in Vietnamese conglomerate Vingroup's electric vehicle company VinFast and its hospitality arm Vinpearl, aiming to support VinFast's global expansion and enhance Vinpearl's offerings, leveraging their combined resources and expertis...

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What is the immediate significance of JTA Investment Qatar's potential investment in VinFast and Vinpearl for Vietnam's economy and global standing?

JTA Investment Qatar is exploring a potential investment of at least \$1 billion in VinFast, Vingroup's electric vehicle maker, and possibly in Vinpearl, its hospitality arm. This follows Pham Nhat Vuong's \$2 billion commitment to VinFast in November, aiming to bolster the loss-making company's global expansion and technological advancements. The collaboration intends to leverage both companies' strengths for mutual benefit.

usa.chinadaily.com.cn

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Mar 5, 07:15

China's First Cross-Provincial Water Rights Deal Addresses Water Scarcity

Dachuan district in Sichuan province will receive 1 million cubic meters of water from Liangping district in Chongqing municipality over two years, for 150,000 yuan, marking China's first cross-provincial water rights trading agreement to address Dachuan's growing water scarcity driven by industrial...

China's First Cross-Provincial Water Rights Deal Addresses Water Scarcity

Dachuan district in Sichuan province will receive 1 million cubic meters of water from Liangping district in Chongqing municipality over two years, for 150,000 yuan, marking China's first cross-provincial water rights trading agreement to address Dachuan's growing water scarcity driven by industrial...

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Clean Water and Sanitation

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How does this water rights transaction reflect broader national water resource management goals and policies in China?

This transaction, valued at 0.15 yuan per cubic meter, highlights China's push for a unified national water rights trading market by 2035. It's part of a broader strategy to optimize water distribution, leveraging market mechanisms and technological advancements within a framework of 'rigid constraints, market incentives and technological empowerment'.

usa.chinadaily.com.cn

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Mar 5, 07:15

Xiaomi's R&D Investment Fuels Global Leadership and NEV Success

Xiaomi Corp, led by CEO Lei Jun, surpassed its 100 billion yuan R&D investment goal, resulting in global leadership in smartphones for 18 consecutive quarters, the world's largest consumer IoT platform, and rapid success in the NEV sector with 135,000 vehicles sold in nine months, showcasing China's...

Xiaomi's R&D Investment Fuels Global Leadership and NEV Success

Xiaomi Corp, led by CEO Lei Jun, surpassed its 100 billion yuan R&D investment goal, resulting in global leadership in smartphones for 18 consecutive quarters, the world's largest consumer IoT platform, and rapid success in the NEV sector with 135,000 vehicles sold in nine months, showcasing China's...

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Industry, Innovation, and Infrastructure

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How did Xiaomi's substantial investment in R&D contribute to its market leadership in smartphones and its success in the competitive NEV market?

Xiaomi's success is directly linked to its heavy investment in R&D and technological innovation. This strategy has not only secured its position in the global smartphone market but also propelled its growth in the burgeoning NEV sector, exemplified by the rapid sales of 135,000 vehicles in nine months after launch. This showcases the effectiveness of focusing on core technologies and integrating AI.

Showing 8,461 to 8,472 of 24,395 results