A total of 60 engineers from Nigeria are learning power transmission techniques and equipment manufacturing in Northeast China's Liaoning province, to further Africa's indigenization efforts and promote bilateral cooperation with China.
The prices of pork, which accounts for more than 60 percent of China's meat consumption, are expected to remain high for some time due to the busy sales season during the New Year's day and the Spring Festival, but will remain stable in the long term with little room for further growth, an industry expert said.
Beef exports from Ireland to China are expected to reach 35,000 metric tons by 2020 after 14 Irish beef processors got the necessary approval from the Chinese government for product shipments last month, agribusiness officials from Ireland said on Tuesday.
China's 2 trillion yuan ($281 billion) tax and fee cut plan continued to pull down government income in October, pushing officials to expand non-tax revenue and maintain stable fiscal spending to support economic growth, according to the Ministry of Finance.
Japanese apparel brand Maker's Shirt is hoping to capture a slice of China's fashion market, opening its Chinese flagship store in Shanghai on Nov 7.
China will have the most 5G connections of any nation by 2025, while Europe will lag behind South Korea, the United States, Japan, and China in terms of 5G penetration by that year, according to a new study.
China's 5G smartphone shipments quadrupled in October as 5G handsets are expected to drive the whole electronics industry amid expectations of large-scale shipments in the country next year.
China is "optimistic" about meeting the goal of stably attracting foreign investment in the mainland through the year, as the January-October figures were sound, the Ministry of Commerce said.
The People's Bank of China, the central bank, lowered a key interbank interest rate on Monday, the first such easing in four years as policymakers signaled their intention to enact necessary steps to ensure sufficient liquidity and prop up growth.
Bourses in Shanghai, Shenzhen and Hong Kong have been able to forge strong ties through the various stock connect programs, with higher capital inflows and renewed market vitality being the key takeaways, experts said.
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Raymond Zhou
Op Rana
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Chen Weihua
