China’s Industrial Profits Climb 4.3% in Early 2023
China’s major industrial firms saw a 4.3% increase in profits year-on-year from January to April, maintaining a steady growth rate and reversing losses in April.
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Foreign Investors’ Confidence in Chinese Mainland Soars in Q1
A recent CCPIT survey shows a significant rise in confidence among foreign investors in the Chinese mainland during Q1, with over 70% bullish on market prospects.
Tesla Passes China’s Data Security Tests, Restrictions Lifted
Tesla has successfully passed four data security tests in China, removing previous restrictions. The announcement was made by China’s Automobile Manufacturers and the National Computer Network Emergency Response teams.
China’s Industrial Profits Rise 4.3% in Q1, Signaling Economic Recovery
China’s major industrial firms saw profits rise by 4.3% in Q1, reversing earlier declines and marking three consecutive quarters of growth.
China and Germany Boost Economic Ties with Growing Investments and Cooperation
A recent survey by the German Chamber of Commerce in China shows 91% of member companies plan to stay and invest more in the Chinese market, reinforcing China-Germany economic cooperation.
Tesla to Lay Off 10% of Global Workforce Amid Falling Sales
Tesla plans to cut over 10% of its global workforce, affecting around 14,000 employees, due to disappointing first-quarter sales and a strategic push for cost reductions.
China-Germany Economic Partnership Celebrates a Decade of Growth
Celebrating a decade of strategic partnership, China remains Germany’s top trading ally. Chancellor Scholz’s visit underscores mutual economic optimism despite geopolitical challenges.
China’s Manufacturing PMI Climbs to 50.8, Signaling Economic Recovery
China’s manufacturing PMI rises to 50.8 in March, signaling a strong economic recovery as companies boost production post-holiday.
China Invites Global Investors to Shape Future at Summit 2024
Chinese Vice President Han Zheng reaffirms commitment to foreign investment at the Invest in China Summit 2024, highlighting opportunities and a robust business environment.
Global Investors Embrace China’s Commitment to Open Markets
Foreign investors are showing strong confidence in China’s open-market initiatives, as evidenced by their active participation in the recent China Development Forum.