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5G technology will become the new growth engine for China's digital economy, providing a solid foundation for the country's artificial intelligence (AI) development, according to market consultancy IDC.The fifth-generation mobile network will play an increasingly important role in driving China's economic growth, with its contribution expected to increase from 0.1 percent in 2020 to 5.8 percent by 2030, it said.The digital economy will be the core in the future and China is working actively on that, Kitty Fok, managing director of IDC China, said on Tuesday at IDC Directions 2...
تاريخ: 2019 - 04 - 25
المشاهدات:5
Akos Kovacs is excited about a cooperation project he just wrapped up with a logistics company in southwest China's Chongqing Municipality.'I came to Chongqing because I plan to bring fresh agricultural products from my country and neighboring countries to China via the China-Europe freight trains,' said the general manager of a Hungarian logistics company. 'Not only that, I also want to bring my products to the eastern seaboard because of the unique location of Chongqing.'Chongqing is not only an important area along the Belt and Road, but also a central city in the upper ...
تاريخ: 2019 - 04 - 16
المشاهدات:3
China and the United States will maintain close contact on economic and trade issues in several ways and continue their talks, the Ministry of Commerce said on Thursday.The heads of both consultation teams have discussed the remaining issues, following the latest round of trade talks in Washington, said ministry spokesman Gao Feng.In the ninth round of high-level consultations, they discussed technology transfers, protection of intellectual property rights, nontariff measures, the service sector, agriculture, trade imbalances and enforcement mechanisms, and they made new progress, Gao said at ...
تاريخ: 2019 - 04 - 15
المشاهدات:4
Beijing, Washington end ninth round of trade talks, shore up confidenceChina and the United States decided to continue their consultations regarding outstanding issues after they wrapped up their ninth round of high-level trade talks in Washington.Experts and business leaders said China and the US are natural economic partners, and they hoped the two countries can come to a positive resolution.The latest economic and trade talks ran from Wednesday to Friday.The two sides discussed technology transfers, protection of intellectual property rights, non-tariff measures, the service sector, ag...
تاريخ: 2019 - 04 - 08
المشاهدات:3
MANILA - China's economy will continue to grow above 6 percent this year and next in line with the Chinese government's growth target of 6 to 6.5 percent, the Asian Development Bank (ADB) said in a report released on Wednesday.The latest Asian Development Outlook (ADO) 2019, ADB's flagship economic publication, said China's economy is forecast to grow 6.3 percent in 2019 and 6.1 percent in 2020.China's economy 'remains strong despite the growth slowdown in recent years,' said ADB Chief Economist Yasuyuki Sawada, adding that favorable fiscal reforms at the start of t...
تاريخ: 2019 - 04 - 04
المشاهدات:5
Various sectors to benefit from tax reduction that will also result in more foreign investment to tackle global downward pressureStarting next month, China's massive reduction of value-added tax will take effect, with manufacturing sector VAT dropping by 3 percentage points from the current 16 percent, to lower burdens on enterprises and boost the real economy.Transport and other sectors will pay 9 percent in VAT, instead of the current 10 percent. The measures will tackle downward economic pressure, help attract more foreign investment and upgrade the economy, experts and company manageme...
تاريخ: 2019 - 03 - 27
المشاهدات:8
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