China’s Summer Spending Surge Highlights Growing Service Sector
China’s summer spending boom in tourism, entertainment, and sports showcases the country’s expanding service consumption and its role in economic growth.
August 2024
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Fujian Coast Guard Boosts Patrols Near Kinmen for Maritime Safety
Fujian province has intensified coast guard patrols near Kinmen since August to protect Chinese fishermen’s rights and ensure safe navigation in the Xiamen-Kinmen area.
China’s ‘Black Myth: Wukong’ Shatters Records as First AAA Game
China’s first AAA game, ‘Black Myth: Wukong,’ launched on August 20, quickly topped sales charts and ignited global discussions.
China Channels 1.4 Trillion Yuan into Real Estate ‘White List’ Projects
China’s commercial banks approve 5,392 “white list” real estate projects with nearly 1.4 trillion yuan in financing to stabilize the market and support housing demand.
EU Proposes New Tariffs on China’s Electric Vehicles
The European Commission proposes tariffs up to 36.3% on China’s electric vehicles, sparking tensions with the Chinese Ministry of Commerce over fair competition and free trade.
India Allocates $300M to Combat Urban Flooding
India commits nearly $300 million to expand water bodies and build drains in major cities like Mumbai and Chennai to mitigate floods and conserve water.
Nicaragua’s Foreign Minister Condemns U.S. Intervention in Global Affairs
Nicaragua’s Foreign Minister Denis Moncada condemns U.S.-backed destabilization campaigns and criticizes the National Endowment for Democracy’s anti-China initiatives in a recent CGTN interview.
Gilma Strengthens into Second Eastern Pacific Hurricane of 2024
Hurricane Gilma becomes the second storm of the Eastern Pacific season, intensifying to Category 1. Forecasts suggest it will remain over open waters without affecting coastal areas.
SpaceX’s Polaris Dawn: Pioneering the First Private Spacewalk Next Week
SpaceX’s Polaris Dawn mission is set to launch on August 26, featuring the first privately managed spacewalk and paving the way for future commercial space endeavors.
China’s State Council Information Office Engages Health Experts in Press Meeting
China’s State Council Information Office invites leading health professionals to a press meeting, fostering open dialogue and enhancing public trust through transparent communication.