20220504 China News
Source: | Author:eacham | Published time: 2022-05-04 | 625 Views | Share:



01

Shanghai's market authorities released a number of preferential policies on Monday, such as extending the validity period of operation licenses, to help food-related businesses in the city quickly resume operations.

 

02

This summer, the growing tribe of milk tea lovers in China will likely find glad tidings as prominent brands such as Heytea and Nayuki announced they had slashed the prices of their products over the past two months.

 

03

As the Omicron variant has posed severe challenges to the faltering global economic recovery amid surging infections, China's dynamic zero-COVID approach has not only quickly cut viral transmission in the shortest time possible but also brought tangible benefits to the whole world.

 

04

China's manufacturing activity contracted in April due to a resurgence in domestic COVID-19 infections coupled with uncertainties brought about by geopolitical tensions. Experts called for stepped-up policy support to help hard-hit enterprises resume production, smoothen logistic channels and ensure the stability of industrial and supply chains to further invigorate the economy and shore up market confidence.

 

05

China has the confidence, capabilities and conditions to achieve this year's economic and social development goals, said an official with the country's top economic planner.The impact of the COVID-19 pandemic is temporary, said Zhao Chenxin, secretary-general of the National Development and Reform Commission.

 

06

Amid unexpected headwinds brought by the domestic COVID-19 resurgences, China has proactively taken countermeasures to assist manufacturing companies in emerging from the impact of the COVID-19 epidemic.

 

07

The majority of global companies in China still see the nation as one of their main strategic markets, despite challenges to their businesses caused by COVID-19 resurgences, said the country's foreign trade and investment promotion agency.A total of 86 percent of surveyed global firms are satisfied with China's policies on stabilizing foreign investment, said Yu Yi, spokesman for Beijing-based China Council for the Promotion of International Trade, at a news conference on Friday, citing a survey conducted by the council on the challenges faced by global firms and their demands.



Author: Producer Emilio Mendez

Speaker: Caroline Parraguez

Edition: EAcham




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