Giuseppe Gerbino
Given China's effectiveness in handling the COVID-19 fallout, which was better than most other countries, multinational corporations are finding fresh momentum from the country's surging trade volume.
Geographical distribution of free trade zones has far-reaching impact on China's economic growth As China's online shopping frenzy kicked off on Nov 11, logistics workers braced themselves for the rush.Luckily, this year, workers in North China's largest e-commerce automated warehouse, in the Dongjiang Free Trade Port Zone of the Tianjin Binhai New Area, have a secret weapon."The conveyor delivers the goods one by one to me. I no longer need to climb the ladder," said Pang Hongqiang, a cargo sorter at leading domestic courier company SF Express.The futuristic warehouse is not only helping to deliver thousands of parcels a day, but also deliver on a dream to bring high-end industry and boosted trade, through the use of free trade zones.Five years ago, China began to explore the FTZ model as a way to promote trade and investment. It also aims to help streamline an overloaded administrative approval system.Shanghai was the first, approved by the State Council on Aug 22, 2013, with looser restrictions on foreign businesses, and as a test bed for new government policies.Since then, pilot FTZs have sprung up across the country. In all, 12 have been built or are planned, appearing in Fujian and Guangdong provinces on the southeastern coast, and the inland provinces of Shaanxi and Sichuan in western China.The newest example is the entire southern island of Hainan, named this year as the latest and largest pilot FTZ.Such an expansion is not randomly made or a mere duplication of others. Thoroughly planned and researched, the geographical distribution of these pilot FTZs has a far-reaching impact on the development of the Chinese economy, and each of them has displayed its own advantages.
Global Health Link is unveiled at the ongoing China International Import Expo in Shanghai on Saturday. [Photo provided to chinadaily.com.cn]
Ginger soup is served to visitors in the winter to stave off the cold, while plum juice and mung bean soup will be available in summer to beat the heat.
Generation Z consumers are more willing to spend on cars and they are more eager than their predecessors to use financial products such as loans to buy cars, the report said.
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Given that the first 4K Blu-ray players were just announced at this year’s CES and are not yet available, it is clear that streaming services like Amazon Prime Video and Netflix are likely to run away with the 4K content market, leaving physical media in their wake.
Global energy-related carbon dioxide (CO2) emissions increased by 1.4 percent in 2017 due to a number of factors including faster global economic growth, the relatively low cost of fossil fuels and weaker energy efficiency measures.
Geely acquired the London Taxi Co in 2013 for 11 million pounds (.2 million) and has since invested 325 million pounds in the business, including a 300-million-pound factory in Coventry to build the TX.
Geng said China has noticed that farsighted people in the Czech Republic, including President Milos Zeman, have condemned the wrong actions of Prague.