Category Archive 上海楼凤

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Foreign companies in上海楼凤 faced fierce pressure fr

e from local players, pushing them to roll out more localized p

上海楼凤roducts at a faster speed. For example, Skittles – a brand from US chocol

ate major Mars – has launched jasmine and rose flavored candies to attract local consumers. Nes上海楼凤

tle’s local research team launched a series of new instant coffee products with three

上海楼凤品茶微信flavors – peach, pineapple and green apple – to attract younger Chinese consumers.

According to the latest China Shopper Report from Bain & Company and Kantar Worldpanel in June, Chinese brands grew b上海楼凤

y 15 percent since 2016, contributing 76 percent of market growth in 2018.By comparison, foreign brands grew m

ore slowly – by 9 percent since 2016 – and contributed 24 percent to last year’s market growth.

上海楼凤品茶微信The encouraging news for foreign brands is that despite being outpaced by domest

ic companies, the 24 percent growth in market share is actually double the rate in

2017.Foreign brands are learning what it takes to win in China, according to the report.上海楼凤

It requires keepAfter the construction is completed, t

he unmanned container transportation will be powered by lithium bat

上海楼凤品茶微信teries to achieve zero emissions and make Nansha a world-standard green port.

So far, Guangzhou Port has 108 foreign trade routes and 45 domestic

ones. Nansha alone has 102 foreign trading routes, mainly with economies involved in t上海楼凤

he Belt and Road Initiative including those in Africa and Southeast Asia, said Chen.

ing pace with the market’s rapid changes, the report said.上海楼凤

Guangzhou plans to build the world’s first automated unmanned parallel container quay for t

上海楼凤品茶微信he fourth phase construction of the Nansha area of Guangzhou Port by 2021.

The fourth phase includes construction of four 100

,000-metricton ship berths and 122,000-ton lighter berths. It will provide

an innovative solution for handling and transport automation through auto上海楼凤

mated quay cranes for container handling and automated rail-mounted gantry cranes.

Nansha will also use water-to-water transportation to re上海楼凤品茶微信

place road transportation in order to reduce the negative impact on

the environment, said Chen Zhiyi, deputy general economist of Guangzhou Port Group Co Ltd.

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Architectural experts who have gained a hands-on unders

standing of the pros and cons of rural reconstruction through their work were also invited to hold a dialogue with the writers, which resonated so strongly with the

villagers that some of them surrounded the speakers afterward hoping to expand their discussions.

He Wei, assistant professor at the school of architecture at the Central Academy of Fine Arts in Beijing, w

ho has been leading several projects in the countryside, thinks a major problem is the conflicting demands between the elite class

of city dwellers, who tend to seek spiritual comfort in village life, and the villagers themselves who naturally want to i

mprove their quality of life. However, many of the rural traditions have been lost during the process.

“Once they leave the countryside, it’s hard for people to come back and settle, both in person and spiritually,” he says.

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Mercedes-Benz recalls vehicles in China over tyre problem

German carmaker Mercedes-Benz will recall 44,900 automobiles in China due to a tyre problem, according to China’s market regulator.

The recall, starting from Oct 25, was filed by Mercedes-Be

nz (China) Automotive Sales Co. and Beijing Benz Automo

tive Co. It involves its imported and parts of domestically-produced cars manuf

actured between April 20, 2016 and May 4, 2019, according to the State Administration for Market Regulation.

In the process of driving, the defective tyres may bulge due to external forces, causing safety risks.

The company said it would replace the defective parts free of charge.

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Keeping with their “Wuhan spirit” and their June 2017″A

Astana consensus” on “not allowing differences to become disputes”, their “strategic guidanc

e” to their armed forces have ensured peace on their borders. This has prompted bilateral tra

de to finally cross its decade-long volume of $70-75 billion. For this year, China-India trade is set to cross $100 billion.

Likewise, China’s investments in India have witnessed a sharp upsur

ge from $688 million in 2016 to $5.6 billion last year. The United States’ decision to raise tariffs

on Chinese, as well as Indian, products is expected n Sino-Indian trade and invest

ment partnership. Critics may describe this as China’s tactical move triggered by its intensifying trade dispute w

ith the US. Yet there is no denying that the past two years have seen a marked shift in China-India relations.

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Wuxi officials punished over kindergarten ‘gang’ question

Three officials in Wuxi, East China’s Jiangsu province, have been given Party and administrative

punishments on Thursday over an inappropriate question about whether kindergarten children wer

e involved in gangs, the local government said on its official Wechat account.

According to the government of Wuxi’s Xishan district, Feng Dongyan, director and Party ch

ief of the Xishan Education Bureau, has been given the punishment of warning within the Party.

Wang Zhaoyu, director of the educational bureau’s general office, has been given a serious war

ning within the Party and removed from office. Lu Zhongxian, director of the bureau’s educational equ

ipment and student aid management center, was also given a serious warning and dismissed.

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The US Treasury removed India from the watch list, whil

Chinese authorities have not used the exchange rate in prior easing cycles to support growth, and they are unlikely to do so now, as this could pose mac

roeconomic stability risk,” said Andrew Fennell, lead sovereign analyst for China at Fitch Ratings.

The world’s second-largest economy maintained its foreign exchange

reserves at $3.095 trillion at the end of April. The reserve amount was stable, although it sli

ghtly retreated from $3.098 trillion at the end of March, according to the State Administration of Foreign Exchange.

Li Yang, director of the National Institution for Finance and Development of th

e Chinese Academy of Social Sciences, said that China is unlikely to sacrifice foreign exchange reserves to def

end its currency, even if depreciation pressure rises amid any escalation in trade tension.

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Wu Hongwei, a researcher of China-Russia relation

s at the Chinese Academy of Social Sciences, said bilateral cooperation plays a prominent role

in guaranteeing world peace and security at a time when the global situation is clouded by tensions and turmoil.

The two countries share the same position in promoting a more stable and multipolar world, Wu said, adding that they ha

ve sent such signals through supporting and coordinating with each other on international occasions.

China would rather rely on market-oriented forces to determine the renminbi’s value than defend its currency by di

pping into its $3 trillion foreign exchange reserves amid trade disagreements, analysts said.

The United States Treasury announced on Wednesday that it could not label Chin

a as a “currency manipulator” after Washington monitored the recent performance of the RMB.

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President’s Russia visit eyes global stabilityernational Coo

President Xi Jinping’s upcoming visit to Russia reflects close cooperation between China and Russia, which is impo

rtant to maintain the stability of the international community amid rising uncertainties, analysts said.

Xi will make a state visit to Russia from June 5 to 7 and attend the 23rd St. Petersburg Inter

national Economic Forum, Foreign Ministry spokesman Lu Kang announced on Wednesday.

The trip is part of the annual exchange of visits between the two countries’

heads of state, after Russian President Vladimir Putin attended the Second Belt and Road For

um for International Cooperation in Beijing in April and had talks with Xi on the sidelines.

The visit will further display the strength of bilateral ties, which are developing “very good” momentum both politically and

economically, said Ruan Zongze, vice-president of the China Institute of International Studies.

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The currency’s depreciation was purely caused by mark

et forces, and China has never taken any measures to deliberately devalue the currency to make its exports more at

tractive, said Guo, who is also head of the China Banking and Insurance Regulatory Commission.

According to Guo, the short-term fluctuation of the RMB exchan

ge rate was normal, and the depreciation will not last long given the stable economic growth base.

“Any speculative activities to short the RMB will suffer huge losses,” he warned.

The RMB’s daily trading reference, or the central parity for onshore trading, has been stabilized arou

nd 6.89 per dollar for eight days from May 20, and market watchers said market-oriented depreciation pressure was losing steam.

Yi Gang, the central bank governor, has said several times that the PBOC has ceased

direct intervention in foreign exchange markets, and the performance of RMB is address

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The results of the elections for the European Parliame

nt are broadly in line with expectations. Although pro-European Union parties have won a majori

ty of the seats, the EP is more fragmented than before with traditional center-right and center-left par

ties losing seats to Liberals and Greens, and Euroskeptic parties increasing their vote share. This is likely to

make it more difficult for the EU to agree new trade deals and choose new leaders for EU institutions.

The heads of government of EU states met on Tuesday to discuss who will fill the top jobs.

The new EP and the EU leadership face a difficult international environment, especially on th

e trade front. The United States administration, already engaged in a tariff war with China, has its sights on the

EU as well, describing the bloc as “a foe”. The US has imposed 25 percent tariffs on European steel and aluminum an

d threatened to slap similar tariffs on European cars unless the EU opens up its agricultural market.

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