20221118 China News
Source: | Author:eacham | Published time: 2022-11-18 | 251 Views | Share:



01

Closer China-Indonesia economic and trade cooperation will benefit the two countries and add new growth momentum to the regional and world economy, experts and business leaders said, adding that the two populous developing countries share huge trade complementarity, entwined interests and great economic cooperation potential.

 

02

China's continued pursuit of high-quality economic development will foster sustainable growth of the Chinese economy, making biopharmaceutical giant AstraZeneca more confident in investing more in China, according to a senior executive of the company.

 

03

Chinese tech company Tencent Holdings said on Wednesday it would distribute its $20.3 billion stake in online food delivery firm Meituan as dividends. It will transfer 958.12 million shares in Meituan, equal to 90.9 percent of the Class B ordinary shares it held in the company, Tencent said.

 

04

Disneytown, Wishing Star Park and Shanghai Disneyland Hotel will resume operations on Thursday, Shanghai Disney Resort announced on Wednesday. The resort also noted that hotel reservation services resumed on Wednesday.

 

05

The Chinese mainland on Tuesday reported 1,568 locally transmitted confirmed COVID-19 cases, the National Health Commission said Wednesday. Altogether 18,491 local asymptomatic carriers were newly identified.

 

06

Foreign trade volume of Northwest China's Xinjiang Uygur autonomous region soared 60.3 percent year-on-year to 194.8 billion yuan ($27.7 billion) from January to October this year.According to Urumqi customs, Xinjiang's trade with countries along the Belt and Road increased by 65.4 percent year-on-year to over 176.4 billion yuan during this period, accounting for 90.6 percent of the region's total.

 

07

The prices of pork, a staple meat in China, are expected to stay relatively stable and unlikely to see hikes in the near future, an official with the country's top economic planner said Wednesday. The country's pork supplies are on the increase thanks to the growing number of hogs in stock and those ready to enter the market, Meng Wei, a spokesperson with the National Development and Reform Commission, told a press conference.

 


Author: Producer Emilio Mendez

Speaker: Caroline Parraguez

Edition: EAcham




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