China Economy @CE_ChinaEconomy Twitter profile

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China Economy

@CE_ChinaEconomy

4 years

#China 's #SAIC plans to bring 5 MG models including fuel and #electricvehicles to the Pakistani auto market. And it expects to sell 60,000 MG cars including the vehicles that are manufactured in #Pakistan and the cars that are imported as fully finished units, from 2021 to 2025.

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China Economy

@CE_ChinaEconomy

2 years

Nord Stream pipeline leaks spark sabotage fears

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3 years

China's Ambassador to the US Qin Gang visited the #Tesla factory in Fremont, California, and had an in-depth dialogue with Tesla CEO @elonmusk . Musk said that #China and the US have great potential for cooperation in green and #lowcarbon development. @JAfridi10

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China Economy

@CE_ChinaEconomy

1 year

Senior diplomat Kishore Mahbubani: China’s attitude towards the conflict between Russia and Ukraine is the same as that of India, and India has not joined the sanctions against Russia. In fact, India bought more oil from Russia . But when everyone talks it, it's only about China.

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China Economy

@CE_ChinaEconomy

5 years

A pregnant woman with novel #coronavirus pneumonia has delivered a healthy baby on Jan. 30. The baby is tested negative for the novel coronavirus on Jan. 31 and Feb. 2. The mother's body temperature had returned to normal by Feb. 2.

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China Economy

@CE_ChinaEconomy

2 years

China-built canal has provided potable water to 32,000 families and irrigated thousands of hectares of farmland in Afghanistan's Parwan, Kapisa and Kabul provinces.

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China Economy

@CE_ChinaEconomy

2 years

In the first three quarters this year, Belgium, the UK and Thailand were the top three destinations for #China -made #NEVs ; Chile sat atop the list of China's vehicle export destinations, followed by Mexico & Saudi Arabia: China Association of Automobile Manufacturers @JAfridi10

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China Economy

@CE_ChinaEconomy

3 years

Chinese Electric vehicle maker #Nio saw its 100,000th car roll off the assembly line on Apr. 7, a milestone for the Chinese electric vehicle ( #EV ) start-up since its first vehicle was manufactured nearly 3 years ago. @NIOGlobal

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China Economy

@CE_ChinaEconomy

3 years

#China captured a spy tool deployed by the US National Security Agency, which is capable of lurking in a victim's computer to access sensitive information and was found to have controlled global internet equipment and stole large amounts of users' information. #NOPEN

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China Economy

@CE_ChinaEconomy

2 years

South Sudanese President Salva Kiir has commissioned the newly completed 63 km Juba-Terekeka section of the 392 km Juba-Rumbek highway being built by Chinese firm SDHS, saying the new road will especially benefit farmers and traders due to eased movement.

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China Economy

@CE_ChinaEconomy

4 years

The China-Pakistan Economic Corridor has strongly promoted #Pakistan 's economic and social development and Pakistan-China cooperation, and it has also helped to promote regional interconnectivity, said Asim Bajwa, chairman #CPEC Authority. @CPEC_Official @AsimSBajwa

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China Economy

@CE_ChinaEconomy

3 years

Sales of NEVs in #China surged in Feb. Last month, a total of 272,000 #NEVs were sold in China, soaring 180.5% YoY. Chinese NEV manufacturers saw strong wholesale figures last month, with five recording wholesale figures above 10,000 units. @JAfridi10

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China Economy

@CE_ChinaEconomy

3 years

Clare Daly, a member of the European Parliament, said in an exclusive interview that the hostility to China was carefully planned. "The MEPs accusing China of human rights are hypocritical-they don't really care about human rights; they just want geopolitical gain."

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China Economy

@CE_ChinaEconomy

2 years

#SAIC Motor, #China 's largest carmaker, exported 99,000 vehicles in Sept. Of them, 10,000 MG4 EVs were bound for Europe. The model will be available in around 20 nations on the continent in the fourth quarter. @JAfridi10

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China Economy

@CE_ChinaEconomy

4 years

BYD and Huawei announced release of world's first auto carrying Huawei's HiCar system on July 12, which signifies global debut of Huawei HiCar system based on its self-developed HarmonyOS. Launch of the car also marks commercial use of Huawei's 5G in-vehicle module.

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China Economy

@CE_ChinaEconomy

3 years

In July 2019 shortly before the outbreak of the COVID-19 epidemic, the United States suddenly closed the Fort Detrick Biolab in Maryland and refused to release relevant information for “national security reasons”.

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China Economy

@CE_ChinaEconomy

2 years

China Railway said it has built a track change station at the Vientiane south station along the China-Laos Railway, a move expected to attract more than 300,000 tons of agricultural products and rubber from Thailand to #China each year.

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China Economy

@CE_ChinaEconomy

2 years

#China is to take measures to bolster the new energy vehicle ( #NEV ) industry, including extending the preferential policy for NEV purchase tax. The country will continue to pilot new NEV battery-changing models amid efforts to stabilize the industrial and supply chain. @JAfridi10

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China Economy

@CE_ChinaEconomy

2 years

#China 's sales of NEVs topped 11.08 mln units as of end of May. Back at end of 2012, it stood at only 20,000 units. Globally, China has ranked 1st in terms of production and sales for 7 straight yrs since 2015, leading efforts in transforming the global auto industry. @JAfridi10

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China Economy

@CE_ChinaEconomy

2 years

Over the past decade, #China 's #carbon intensity-a measure that shows carbon dioxide emissions per unit of #GDP -fell by 34%, and total installed capacity of wind and solar power generation, along with the production and sales of #newenergy vehicles, led the world. @JAfridi10

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China Economy

@CE_ChinaEconomy

2 years

The #China -Kyrgyzstan-Uzbekistan railway has finally received a significant boost. Construction will begin next year. It will be the shortest route to transport goods from China to Europe and the Middle East, cutting freight journey by 900 km and saving 7-8 days in shipping time.

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China Economy

@CE_ChinaEconomy

4 years

The #CPEC will take agriculture and industrial cooperation as a key area. Agricultural cooperation will help raise level of agricultural science&technology in #Pakistan , increase crop production, and create more jobs, said Asim Bajwa, chairman CPEC Authority. @CPEC_Official

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China Economy

@CE_ChinaEconomy

2 years

#SAIC Thailand has brought 9 models to the Thailand International Motor Expo 2022, including three pure #EVs , among which the #MG4 is the first rear-wheel drive EV launched in the Southeast Asian market. @JAfridi10

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China Economy

@CE_ChinaEconomy

3 years

A new wave of price hikes among new-energy vehicles ( #NEVs ) is set to hit the Chinese market, yet it is unlikely to slow sales in the world's largest NEV market thanks to the robust domestic demand and resilient economic growth, industry analysts said. @JAfridi10

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China Economy

@CE_ChinaEconomy

2 years

#China ’s new energy vehicle sales hit a record in June, with 596,000 units sold, up 132% YoY. The China Association of Automobile Manufacturers estimates that sales for this year could reach 5.5 mln in China, up from 3.5 mln in 2021. @JAfridi10

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China Economy

@CE_ChinaEconomy

4 years

#China 's leading #electric car startup Nio said its sales in the Q1, 2021 would reach 20,000, which would be more than 5 times the figure in the same period of 2020. In the first two months of 2021, its combined sales totaled over 12,000 vehicles. @NIOGlobal

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China Economy

@CE_ChinaEconomy

2 years

SAIC-GM-Wuling ( #SGMW ), a major automobile manufacturer in China, saw its vehicle sales surpass 1.6 million units last year. The sales of its #NEVs also posted robust growth, soaring 33% year on year to over 600,000 units throughout the year. @JAfridi10

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China Economy

@CE_ChinaEconomy

3 years

Chinese #smartphone maker Xiaomi's market share in Europe surpassed Apple in Q1, ranking 2nd in the smartphone market, according to vice president of Xiaomi. In Spain, Xiaomi has been the biggest smartphone brand for 5 consecutive quarters.

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China Economy

@CE_ChinaEconomy

2 years

Chinese #EV startups are doing a better job than both int'l carmakers & local established marques when it comes to customer satisfaction, according to a J.D. Power study. New players scored 806 out of a possible 1,000 points, 10 points higher than the average. @JAfridi10

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China Economy

@CE_ChinaEconomy

2 years

Production and sales of new energy vehicles in #China skyrocketed in the first 2 months of 2022. About 820,000 NEVs were produced, surging by 1.6 times YoY. In the period, the sales of NEVs reached about 765,000, increasing by 1.5 times from the same period last year. @JAfridi10

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China Economy

@CE_ChinaEconomy

3 years

Chinese snacks brand Lyfen signed purchase agreements worth about RMB 200 mln with 5 international food companies at the 4th #China International Import Expo ( #CIIE ). The agreements signed were with 2 existing partners and 3 new ones.

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China Economy

@CE_ChinaEconomy

2 years

Sales of #China 's new energy vehicles ( #NEVs ) logged a sharp increase in May. Last month, China's NEV passenger car sales came in at 360,000 units, surging 91.2% YoY. On a monthly basis, the sales volume registered an increase of 26.9%. @JAfridi10

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China Economy

@CE_ChinaEconomy

3 years

Authorities in #Ukraine have approved the registration of the traditional Chinese medicine #LianhuaQingwen , which is used to treat #COVID19 in #China , according to drugmaker Yiling Pharma. This is an important step for the entry of TCM products into the Ukrainian market

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China Economy

@CE_ChinaEconomy

4 years

The government of #Guyana officially approved the emergency use of the #COVID19 #vaccine produced by China National Pharmaceutical Group in Guyana. According to the Chinese Embassy in Guyana, the vaccine donated by China will arrive in Guyana in the near future.

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China Economy

@CE_ChinaEconomy

2 years

China's #newenergy vehicle market reached a milestone with its volume totaling 10.33 mln units. In the Q1, the production and sales of NEVs reached 1.29 mln and 1.26 mln units respectively, both up 140% compared with same period of 2021. @JAfridi10

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China Economy

@CE_ChinaEconomy

2 years

Official data shows that #China 's cumulative sales of #NEVs had topped 11.08 mln units by the end of May this year, skyrocketing from only 20,000 units by the end of 2012. Its NEV output and sales have ranked first globally for seven consecutive years since 2015. @JAfridi10

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China Economy

@CE_ChinaEconomy

2 years

#China ’s SAIC-GM-Wuling (SGMW) reported strong NEV sales in the H1 of 2022. SGMW, a JV between SAIC Motor, General Motors, and Liuzhou Wuling Motors, registered NEV sales of 233,970 units in the January-June period, up 23% YoY. @JAfridi10

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China Economy

@CE_ChinaEconomy

4 years

A China-made monorail train will start running on the BTS Golden Line in Bangkok, Thailand, in October, confirmed a Bangkok executive official. The Bombardier Innovia APM-300 monorail train was delivered on June 18. 2 other trains of same type will be delivered in August.

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China Economy

@CE_ChinaEconomy

2 years

Five manufacturing sites in China, including #CATL 's facility in Yibin, #Haier 's factory in Qingdao & #Midea 's factory in Shunde, were newly selected as Lighthouse factories by the World Economic Forum, bringing the total in #China to 42, over 1/3 of the global total. @JAfridi10

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China Economy

@CE_ChinaEconomy

2 years

300 Wuling Air #EVs have arrived in Bali, Indonesia to serve the upcoming G20 summit. A subsidiary owned by major Chinese automobile manufacturer SAIC-GM-Wuling ( #SGMW ), rolled out the NEV named Wuling Air EV at its production base in Bekasi, Indonesia in August. @JAfridi10

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China Economy

@CE_ChinaEconomy

2 years

SAIC Motor has unveiled 1st electric model developed "with global markets in mind", which is expected to help #China 's largest carmaker to explore overseas markets. The model-Mulan under its MG marque, is result of its British and Chinese teams for customers in China and abroad.

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China Economy

@CE_ChinaEconomy

2 years

The rapid expansion of #NEVs was a highlight of #China 's auto exports. Last month, 83,000 units of NEVs were exported, jumping 82.3% year on year and 53.6% month on month. NEV exports almost doubled year on year in the first 8 months of this year to 340,000 units. @JAfridi10

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China Economy

@CE_ChinaEconomy

3 years

The Report on Human Rights Violations in the United States highlighted the country's growing discrimination against ethnic minority groups, especially people of Asian descent. Unilateral U.S. actions created new humanitarian crises across the globe.

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China Economy

@CE_ChinaEconomy

3 years

The famous French media Le Monde published an article a few days ago, in which accused the CGTN French channel of "creating" a French journalist Laurène Beaumond to "support China's Xinjiang policy."

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China Economy

@CE_ChinaEconomy

1 year

More than 1.1 mln new energy vehicles were put into use in #Shanghai by April, outnumbering any other city in the world. According to Shanghai's NEV industry development implementation plan (2021-2025), at least 1.2 mln NEVs should be produced annually by 2025. @JAfridi10

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China Economy

@CE_ChinaEconomy

2 years

Middle route of #China 's South-to-North Water Diversion Project hit annual target, with about 9.21 billion cubic meters of water from major rivers in the south transferred to China's parched north from Nov 1, 2021 to Oct 31 this year, 27.4% more than the yearly plan.

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China Economy

@CE_ChinaEconomy

1 year

Famous US economist Sachs: About China, I want to note one point. It has gone from 80% of extreme poverty in 1980 to getting rid of poverty 40 yrs later. This is most successful economic development in history. We should be happy for China's achievements, not be afraid of them.

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China Economy

@CE_ChinaEconomy

2 years

The number of new public charging piles for electric vehicles (EVs) in #China increased by 228.4% in the H1 of 2022 compared to the same period last year. The number of new private EV charging piles climbed 511.3% in the H1. @JAfridi10

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China Economy

@CE_ChinaEconomy

1 month

The first vessel of Chinese automaker #BYD 's shipping fleet has arrived in the Spanish port of Santander. "BYD EXPLORER NO.1" docked with SEAL U DM-i vehicles on board, destined for the Spanish market. The SEAL U DM-i model is BYD's first plug-in hybrid to break into Europe.

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China Economy

@CE_ChinaEconomy

2 years

#SAIC 's overseas sales exceeded 100,000 units for the 1st time last month, up 65.7% year-on-year. Now with the arrival of the MG4 #EV , SAIC said Europe will become the 1st overseas market where its annual sales will reach 100,000 units this year. @JAfridi10

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China Economy

@CE_ChinaEconomy

3 years

On April 30 local time, chief medical advisor to U.S. president Anthony Fauci said in an interview with The Indian Express that in order to effectively respond to current epidemic situation in India, the Indian government needs to consider a short-term national lockdown firstly.

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China Economy

@CE_ChinaEconomy

1 year

Chinese new-energy vehicle ( #NEV ) brands are expected to take up 9% of the West Europe NEV market in 2023, up from the 6% share last year. For the NEV market in Southeast Asia, the share of Chinese vehicles is expected to rise from 52% in 2022 to 63% this year. @JAfridi10

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China Economy

@CE_ChinaEconomy

3 years

The Lao People's Revolutionary Party leadership has resolved that PM Phankham Viphavanh will lead other senior officials in the first trip on the #Laos - #China #railway from Lao capital. The first trip on the historic train will take place after the inauguration of the railway.

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China Economy

@CE_ChinaEconomy

3 years

As the Taliban’s takeover of Afghanistan draws global attention, Chinese netizens were amazed to find that The Kite Runner, a famous film about Afghanistan, was actually filmed in Northwest China’s Xinjiang region.

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China Economy

@CE_ChinaEconomy

2 years

According to war secretary Marles, Australia is spending hundreds of blns of dollars to protect our trade with China... from China.

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China Economy

@CE_ChinaEconomy

1 year

According to the statistics, the #NEV output of #China 's Chongqing Municipality in 2022 went up 142.5% YoY to nearly 369,000 units, and automobile exports from the municipality increased by nearly 90% YoY. @JAfridi10

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China Economy

@CE_ChinaEconomy

2 years

Over the past decade, more than 70 percent of #Xinjiang 's fiscal spending has gone to the improvement of people's livelihoods. Three years of preschool education and nine years of compulsory education are free across Xinjiang's vast rural areas.

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China Economy

@CE_ChinaEconomy

3 years

#China has adopted high-level opening-up measures in cross-border trade and investment in several pilot zones. The country will expand cross-border investment and financing channels for companies in designated pilot zones in Shanghai, Guangdong, Hainan and Zhejiang.

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China Economy

@CE_ChinaEconomy

3 years

Two Chinese #semiconductor companies have agreed to jointly set up a laboratory for #quantum chips to develop low-temperature integrated circuit technology, aiming to build a complete production chain for the crucial high-tech component of the future.

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China Economy

@CE_ChinaEconomy

4 years

China stands ready to provide support and assistance for the Maldives as required, and share experience in prevention and control, Chinese State Councilor and Foreign Minister Wang Yi told his Maldivian counterpart, Abdulla Shahid, in a phone call on April 9.

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China Economy

@CE_ChinaEconomy

3 years

German carmaker #Audi and its Chinese state-owned partner- #FAW have received government approval to start the construction of their 20.93 billion-yuan ($3.3 billion) joint electric vehicle ( #EV ) venture plant from local authorities in Northeast #China 's Jilin Province.

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China Economy

@CE_ChinaEconomy

4 years

China and the #Philippines have recently signed contracts to build 3 more #bridges in the capital Metro #Manila . The 3 bridges, which will cost around USD 240 mln, is a government-to-government cooperation project between the 2 countries to be bankrolled by China.

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China Economy

@CE_ChinaEconomy

1 year

Now, one out of every three cars sold in #China is powered by new energy. This huge change represents a collective triumph for indigenous manufacturers, as China has produced the newest energy vehicles ( #NEV ) globally for the past eight consecutive years. @JAfridi10

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China Economy

@CE_ChinaEconomy

2 years

Cui Dongshu, secretary-general of #China Passenger Car Association, said that small electric vehicles launched by Chinese traditional carmakers are more sought-after, such as the BYD Dolphin and #SAIC -GM-Wuling Hongguang Mini #EV . @JAfridi10

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China Economy

@CE_ChinaEconomy

4 years

A total of 1,200 tonnes of #Russian #barley arrived on Dec. 21 in Chengdu, Sichuan Province. It is first time barley has been imported via the #China -Europe train service from Russia to Sichuan. The train departed from Novosibirsk and arrived in Chengdu in approximately 10 days.

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China Economy

@CE_ChinaEconomy

2 years

A dishwasher interconnected factory of Chongqing #Haier Washing Electric Appliances was officially put into production here at Gangcheng Industry Park in Jiangbei District of Chongqing on Sept 25. @JAfridi10

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China Economy

@CE_ChinaEconomy

8 months

Billionaire investor David Rubenstein has said he is bullish on the outlook of the Chinese economy over the next two years. Rubenstein stressed that Carlyle Group will continue investing in #China .

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China Economy

@CE_ChinaEconomy

2 years

The #BMW senior management considered that #China has established one of the world's most comprehensive industrial base and supply chain, plus a large population of capable workers and talents.

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China Economy

@CE_ChinaEconomy

2 years

Compressed natural gas buses manufactured by China's King Long will be delivered to Uzbekistan.

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China Economy

@CE_ChinaEconomy

3 years

On Mar. 31, the BBC News team confirmed that the scandal-ridden Beijing correspondent John Sudworth had left Chinese mainland. British international relations commentator and journalist Tom Fowdy sent 5 tweets to strongly criticize John Sudworth and the BBC's related statements.

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China Economy

@CE_ChinaEconomy

4 years

Facing the challenge of the #COVID19 epidemic, construction of the #CPEC continued to . In 2020, #Gwadar Port officially launched Afghanistan's #transit trade business, showing great transshipment potential, said Asim Bajwa, chairman of #CPEC Authority. @CPEC_Official @AsimSBajwa

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China Economy

@CE_ChinaEconomy

3 years

However, after another investigation by the French media, it was discovered that Laurène Beaumond not only existed, but she indeed graduated from a journalism major in a French university. Even another French media, Le Figaro, has already interviewed her.

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China Economy

@CE_ChinaEconomy

1 year

#China 's new energy vehicle ( #NEV ) sales expanded 110% YoY to 636,000 units in April. NEV sales in the first four months totaled about 2.22 mln units, increasing by 42.8% from a year ago. @JAfridi10

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China Economy

@CE_ChinaEconomy

3 years

#Nio plans to first launch its ES8 SUV in #Norway in 2021, followed by its ET7 sedan in 2022. It will also invest in charging infrastructure, with plans for 4 battery swapping stations in Norway connecting 5 major cities by the end of 2022. @NIOGlobal

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China Economy

@CE_ChinaEconomy

3 years

Western Xinjiang-related lies are self-defeating in face of facts, and time will prove that western accusations against Xinjiang are all wrong, said French writer and journalist Maxime Vivas, who is well-known to Chinese readers for writing the book "The End of Uyghur Fake News".

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China Economy

@CE_ChinaEconomy

1 year

In the Q1 of 2023, #China ’s passenger vehicle exports jumped 82.9% YoY to 826,000 units, while exports of commercial vehicles climbed 28.1% from a year ago to 168,000 units. Exports of #newenergy vehicles more than doubled to 248,000 units. @JAfridi10

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China Economy

@CE_ChinaEconomy

1 year

About 3.13 mln new energy vehicles ( #NEVs ) were newly registered in #China in the H1 of this year, an increase of 41.6% YoY, hitting a record high, according to statistics released by the Ministry of Public Security. @JAfridi10

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China Economy

@CE_ChinaEconomy

4 years

Recently, NYTimes said that during investigation of the WHO's Joint Expert Group on Traceability of the Novel Coronavirus, certain behaviors in China seriously hindered the investigation. process. Where's journalistic ethic and professionalism that NYtimes claims it is proud of?

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China Economy

@CE_ChinaEconomy

3 years

China Ocean Shipping (Group) Company, or COSCO, opened a direct route from China to Boston in 2002. Over the next 20 years, it not only saved 9,000 jobs, but also created 400,000 new jobs, winning praise from the local government and all sectors of society.

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China Economy

@CE_ChinaEconomy

2 years

Last year, #China -EU trade exceeded $800 billion for the 1st time & two-way investment went beyond $270 billion in cumulative terms. In the first 8 months this year, bilateral trade totaled $575.22 billion, up 8.8% YoY. EU’s investment in China was $7.45 billion, up 121.5% YoY.

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China Economy

@CE_ChinaEconomy

1 year

Sales of #China -produced #NEVs reached 3.65 mln in the H1, up 48% and accounting for more than 60% of the global NEV market. Experts said that China may become the largest exporter of all types of vehicles and surpass Japan by the end of 2023. @JAfridi10

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China Economy

@CE_ChinaEconomy

3 years

#China has introduced treatment protocols based on traditional Chinese medicine ( #TCM ) to more than 150 countries and regions as part of its contributions to the global #COVID19 fight. China has also offered TCM products to more than 10 countries and regions.

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China Economy

@CE_ChinaEconomy

2 years

Chinese smartphone maker #Oppo unveiled its second self-developed microchip on Wednesday. The chip is called MariSilicon Y, and it is a flagship Bluetooth audio System-on-a-Chip (SOC) that significantly improves the audio quality and digital devices' intelligence.

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China Economy

@CE_ChinaEconomy

1 year

#China 's new energy vehicle (NEV) sales expanded 60.2% YoY to 717,000 units in May. NEV sales in the first five months of 2023 totaled 2.94 mln units, increasing by 46.8% from a year ago. @JAfridi10

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China Economy

@CE_ChinaEconomy

1 year

Retail sales of new energy vehicles ( #NEVs ) in #China jumped 31.9% YoY in July. A total of 641,000 NEVs were sold in China last month, according to the CPCA. @JAfridi10

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China Economy

@CE_ChinaEconomy

3 years

#China 's oil giant #Sinopec has signed a framework agreement on #hydrogen energy strategic cooperation with China's #automaker Great Wall Motors ( #GWM ) to carry out in-depth cooperation in the fields of hydrogen energy technology R&D.

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China Economy

@CE_ChinaEconomy

1 year

It amazes me that many Americans are ignorant of this fact - very few countries actually take steps to sanction Russia.

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China Economy

@CE_ChinaEconomy

3 years

#China 's #Sinopharm has produced more than 400 mln doses of #COVID19 #vaccine so far; it is expected to become the world's largest coronavirus vaccine producer and supplier with 5 bln doses being made each year, said Sinopharm chairman Liu Jingzhen.

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China Economy

@CE_ChinaEconomy

2 years

The #Hisense SA Industrial Park has an annual production capacity of 540,000 refrigerators and 390,000 TVs. In 2021, the facility directly created 3,000 jobs and trained more than 8,000 skilled workers, contributing greatly to manufacturing capacity in South Africa.

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China Economy

@CE_ChinaEconomy

2 years

US shoots itself with sanctions against Chinese PV products

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China Economy

@CE_ChinaEconomy

4 years

On Sept 2, China's State Flood Control and Drought Relief Headquarters lifted Level IV flood control emergency response in Yangtze River basin as water levels retreated below warning lines. It marked end of 63 days of flood control emergency response in Yangtze River basin.

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China Economy

@CE_ChinaEconomy

2 years

#China and Rwanda have signed a memorandum of understanding on e-commerce cooperation, helping high-quality Rwandan products such as coffee, chili sauce and tea enter China through various e-commerce platforms.

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China Economy

@CE_ChinaEconomy

1 year

#China 's #automobile exports maintained robust growth momentum in June. A total of 290,000 vehicles were exported last month, surging 56% YoY. During the period, exports of new energy vehicles skyrocketed 185.3% YoY to 70,000 units. @JAfridi10

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China Economy

@CE_ChinaEconomy

2 years

The FIFA #WorldCup2022 kicked off on Sunday. More than 1,500 buses from #China 's #Yutong are plying the streets of Qatar. Some 888 are #EVs , offering shuttle services for the thousands of officials, journalists and fans of different countries.

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China Economy

@CE_ChinaEconomy

1 year

China moved to impose a ban on products from chipmaker Micron. Although it marks a major counterattack by China, it looks very measured compared with the long list of export controls and technology sanctions imposed by the United States.

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China Economy

@CE_ChinaEconomy

3 years

China's #mobile users' monthly expenditure is lower than world's average thanks to the country's robust telecom network infrastructure development. The average monthly expenditure of a mobile user in #China is USD 5.94, lower than the world's average of USD 11.36.

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China Economy

@CE_ChinaEconomy

2 years

The $31 trillion debt is equivalent to $236,000 per American household and $93,000 per person, according to the Peter G. Peterson Foundation. If every U.S. household paid $1,000 per month toward covering the debt, it would take 19 years to pay down the sum.

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China Economy

@CE_ChinaEconomy

1 year

To further unleash the potential of NEV consumption, #China has announced that it will extend its preferential purchase tax policy for NEVs to the end of 2027. Preliminary estimates show the policy will result in a total of RMB 520 bln of tax exemptions and reductions. @JAfridi10

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China Economy

@CE_ChinaEconomy

2 years

#Sinopec , #China 's largest oil refiner, has discovered a new shale gas field, with a proven reserve of nearly 146 billion cubic meters, in the Sichuan basin in southwest China.

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