20191031 China News

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OCT.31

EAcham

China News

1Deployment of both high-end and mass market products will be the dual focal points for South Korean cosmetics company Amorepacific in China, a country representing one-fifth of the firm's total revenue and among its fastest growing markets, according to Charles Kao, president of the company's operations in China.

2

Huawei extended its market lead by shipping 41.5 million smartphones, to reach a record share of 42 percent in the third quarter of China's smartphone market, registering 66 percent annual growth, according to the latest report released by Canalys, a market research company, on Oct 30.

 

3China will rev up efforts to bolster high-quality development of trade and two-way investment, which can push opening-up to new heights, senior commerce officials said on Tuesday.

4The Export-Import Bank of China (China Eximbank) announced Wednesday in Shanghai that it will set up a credit line of 300 billion yuan ($42.5 billion) next year to support imports.

5

Turkey is actively strengthening economic ties with China in a range of fields including agricultural exports, investment and tourism seeing there's much greater potential than the existing level of trade between the two countries, said Turkish officials.

6

As consumption continued to be the main engine of China's economic growth, the country is stepping up efforts to create a favorable environment to further unleash consumption potential.

7In order to seize the opportunity and attract global attention, EAcham will organize a VIP delegation to the 2nd CIIE named Shenzhen Business Delegation Sourcing Matchmaking Conference (Nov.5th 14:30-17:30) at Hilton Shanghai Hongqiao Hotel. The conference will gather well-known channel merchants, agents and purchasers that will be sharing valuable  projects. This will be a grand event of trade and purchase, but also an excellent opportunity for entrepreneurial representatives to communicate face-to-face.

EAcham

WechatEAchamScan QR code Business trip online registrationENDSourceGlobaltimes, Xinhuanet, Chinadaily, Shine, GdtodayChina Plus News

Author: Producer Emilio Mendez

Speaker: Caroline Parraguez

Edition: EAcham

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