European businesses yearn for Chinese market despite COVID-19 pandemic
Powerful consumption driven by massive middle class, a sustainable and inclusive business climate, innovative dynamics, economic resilience, booming imports and exports trade ... These are reasons given by European business leaders for their confidence in the Chinese market and expanding investment in the promising country.
Macro
Relief policies for SMEs amid COVID-19 welcomed in China
Yang Yafu, 35, finally took a breath as packs of kimchi and salted vegetables were exported to Japan, and his foreign-trade company has now found more domestic marketing channels.
Industries
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China's cloud infrastructure service spending surges 54 pct in Q2
China's expenditure on cloud infrastructure services surged 54 percent year on year in the second quarter of 2021, bolstered by high local demand as digital transformation, artificial intelligence and smart industries all remain on corporate and government agenda.
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China's tourism industry sees strong post-pandemic recovery
During this year's three-day Mid-Autumn Festival holiday, China witnessed more than 88 million domestic trips, about 87.2 percent of the figure for 2019, highlighting the strong recovery momentum in the country's tourism sector.
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Companies
China's new commercial aircraft demand forecast at 1.47 tln USD in 2 decades: Boeing
China's resilient aviation market will create new commercial aircraft demand valued at 1.47 trillion U.S. dollars over 20 years, said Boeing's latest market forecast released in Beijing Thursday.
China's first offshore CCUS demonstration project in operation
China's first offshore carbon capture, utilization and storage (CCUS) demonstration project has been put into operation by the China National Offshore Oil Corporation.
Geely, Volocopter team up for aircraft joint venture
German company, Volocopter, a specialist in the manufacture of autonomous air vehicles, has teamed up with a second-tier subsidiary of Geely Holding Group to establish a joint venture in Chengdu.
