20221212 China News
Source: | Author:eacham | Published time: 2022-12-12 | 524 Views | Share:



01

TikTok, a short-video app under Chinese tech firm ByteDance, is expected to ride out the global advertising slowdown, with the social media platform likely to double its advertising revenue in 2022, a new report said. The report, released by GroupM — a media investment company owned by global advertisement and public relations agency WPP — attributed TikTok's success to decreasing demand from advertisers for its rivals like Meta and Snap.

 

02

It has been one year since the commercialization of 5G and L4 autonomous driving technologies at the Port of Tianjin, a world-leading smart port powered by Huawei's technology. Upon introducing these technologies to the Section C Terminal in its Beijiang Port Area in October 2021.

 

03

A 100-year-old patient has recovered from COVID-19 and has been recently discharged from hospital after 11 days of medical treatment in southwest China's Chongqing Municipality. The elderly female, surnamed Liu, is the eldest COVID-19 patient that has received treatment in hospital amid Chongqing's latest COVID-19 outbreak so far.

 

04

China has implemented a range of adjustments to rules, to improve COVID-19 prevention and control measures in the transportation sector.The country will scrap closed-loop management requirements for freight vehicles, and local authorities should not implement excessive measures to restrict the cross-regional movement of such vehicles, according to a circular released by the State Council on Friday.

 

05

China's consumer inflation eased in November to an eight-month low due to COVID-19 impact, seasonal factors and a high comparison base, the National Bureau of Statistics said on Friday. The country's consumer price index, a main gauge of inflation, rose by 1.6 percent year-on-year in November, down from 2.1 percent in October, the NBS data showed.

 

06

The majority of China's medium-sized firms are optimistic about their business expansion in 2023, a report by global financial institution HSBC showed. Some 77 percent of the surveyed Chinese medium-sized firms expected business revenue growth next year, the report said.

 

07

China will issue 750 billion yuan ($108 billion) worth of special treasury bonds next week, the Ministry of Finance said in a statement on Friday. The ministry said in a statement on its website that the special treasury bonds will be used to raise fiscal funding to support economic and social development.



Author: Producer Emilio Mendez

Speaker: Caroline Parraguez

Edition: EAcham




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