Chris Gill

Chris Gill

Chris Gill


Time to upgrade! China clicks 'agree' on tech sector evolution 

Time to upgrade! China clicks 'agree' on tech sector evolution

(ATF) Beijing has launched a push for more digitalisation and even higher standards among its tech-making firms.The General Office of the Ministry of Industry and Information Technology (MIIT) announced it will create a new nationwide industrial quality brand this year. The office’s goal is to improve the quality and efficiency …

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China to create hundreds of 'new' cities

China to create hundreds of 'new' cities

(ATF) China is planning to rezone hundreds of areas currently classed as 'rural' or 'county' as cities. The move is likely to transform life for hundreds of millions of citizens because 'urban residents' receive far more benefits than those in rural areas, such as healthcare, education and social security, plus …

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Beer festival city Qingdao toasts 226.5bn yuan investment inflow 

Beer festival city Qingdao toasts 226.5bn yuan investment inflow 

(ATF) China’s northeastern coastal city of Qingdao is to benefit from a huge 226.5 billion yuan modernisation programme. The former German colony, a port city of skyscrapers, parks and beaches bordering the Yellow Sea, which is well known for its annual beer festival, will see 63 key municipal service industry …

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China no longer the US’ top trading partner

China no longer the US’ top trading partner

(ATF) China has lost its spot as the US’ biggest international trading partner to Mexico, which toppled the world’s second-largest economy from a position it had held since May. Luce Maria de la Mora, Mexico’s Deputy Minister of Foreign Trade at the Ministry of Economic Affairs, said two-way trade between …

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China’s central bank releases first quarter data for 2021

China’s central bank releases first quarter data for 2021

(ATF) China’s central bank has released its Financial Statistics Report for the first quarter of 2021. In a press release, the People's Bank of China said "broad" money (M2) grew by 9.4% and "narrow" money (M1) expanded by 7.1% during the first three months of the year. At the end …

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Hainan opens door to foreign cash in pursuit of 'Hawaii' dream

Hainan opens door to foreign cash in pursuit of 'Hawaii' dream

(ATF) Beijing has unveiled plans to redevelop and invest in its southernmost province, Hainan, and turn it into an all-singing, all-dancing Chinese version of Hawaii or Thailand. The island, which sits next to the Gulf of Tonking, is already undergoing massive redevelopment as a free trade zone, with dozens of …

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Shares of Chinese gaming firm plunge 62 billion yuan 

Shares of Chinese gaming firm plunge 62 billion yuan

(ATF) Chinese gaming firm 37 Interactive Entertainment has long been seen as the top rival to Tencent in the internet gaming sector, and is still a leader of A-share listed firms. But its share price has dropped dramatically over the past nine months – losing 62 billion yuan (nearly $9.5 …

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