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2021 International Finance Forum in Guangzhou estimates the Global Economy to Grow 5.9% in 2021 Due to Fiscal Stimulus and Monetary Accommodation amid Pandemic

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International Finance Forum (IFF) released on Saturday, November 4, its first “IFF Global Finance and Development Report,” aimed to analyze, outline and forecast global economic outlook, risks and policy priorities. The report shows that the global economy has seen a rebound thanks to expanding vaccination coverage, continued fiscal stimulus and monetary accommodation. Specifically, IFF estimates that the global economy is …

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The GWM pickup’s global sales top 2 Million Units

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In November, Great Wall Motor (GWM) pickup announced at the Auto Guangzhou 2021 that its total global sales exceeded two million units. This made the GWM become the first Chinese pickup brand to achieve such sales performance. The pickup truck is the first vehicle type produced by GWM, and according to official statistics, GWM pickup has seen rapid sales growth …

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2021 China (Hainan) Sporting Goods And Equipment Import Expo opened for the first time in Haikou on December 3

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2021 China (Hainan) Sporting Goods And Equipment Import Expo organized for the first time was grandly opened in Haikou on Dec. 3rd, 2021, the core bearing area of Hainan free trade port. According to the Department of Tourism, Culture, Radio, Television and Sports of Hainan Province, as China’s first import-themed sporting goods and equipment expo, attracting more than 300 sports …

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Dada Group Shared Insights on Benefits and Opportunities Brought by Digitalization at CNBC’s East Tech West 2021

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Industrial networks have boosted more connections and made possible the Internet of Things in homes and workplaces. As the world becomes more connected, businesses of today need to balance digitalization’s rewards and risks to avoid pitfalls while maximizing operational efficiency. Jun Yang, Co-Founder, Director and Chief Technology Officer of Dada Group, China’s leading local on-demand delivery and retail platform spoke …

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Huawei, Together With Leaders and Industry Experts, Encourage Collaboration To Address Global Challenges at 3rd Annual Trust in Tech Event

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Leaders from across the world call for collaboration including Neil Bush, Chairman and founder of the George H.W. Bush Foundation for US-China Relations, Pascal Lamy, Former WTO Director General, 2018 Economics Nobel Prize winner William Nordhaus, ASEAN Deputy Secretary General H.E. Satvinder Singh and NASA Solar System Ambassador Derrick Pitts Today, Huawei held its TrustInTech Summit 2021 online, under the …

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2021 China (Hainan) Sporting Goods And Equipment Import Expo opened for the first time in Haikou on December 3

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2021 China (Hainan) Sporting Goods And Equipment Import Expo organized for the first time was grandly opened in Haikou on Dec. 3rd, 2021, the core bearing area of Hainan free trade port. According to the Department of Tourism, Culture, Radio, Television and Sports of Hainan Province, as China’s first import-themed sporting goods and equipment expo, attracting more than 300 sports …

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Dada Group Shared Insights on Benefits and Opportunities Brought by Digitalization at CNBC’s East Tech West 2021

In All, China Business Events by China Business ForumLeave a Comment

Industrial networks have boosted more connections and made possible the Internet of Things in homes and workplaces. As the world becomes more connected, businesses of today need to balance digitalization’s rewards and risks to avoid pitfalls while maximizing operational efficiency. Jun Yang, Co-Founder, Director and Chief Technology Officer of Dada Group, China’s leading local on-demand delivery and retail platform spoke …

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Huawei, Together With Leaders and Industry Experts, Encourage Collaboration To Address Global Challenges at 3rd Annual Trust in Tech Event

In All, China Business Events by China Business ForumLeave a Comment

Leaders from across the world call for collaboration including Neil Bush, Chairman and founder of the George H.W. Bush Foundation for US-China Relations, Pascal Lamy, Former WTO Director General, 2018 Economics Nobel Prize winner William Nordhaus, ASEAN Deputy Secretary General H.E. Satvinder Singh and NASA Solar System Ambassador Derrick Pitts Today, Huawei held its TrustInTech Summit 2021 online, under the …

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[ONLINE EVENT] How to Build a Sustainable Tech-Startup in China – Thu Dec 2, 7 PM (CST)

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Join online on Thursday, December 2, at 7 PM (CST, GMT+8) to learn how you can build a sustainable tech startup in China and what it takes to become a successful entrepreneur. Startup Grind Beijing is organizing an event for those who have wanted to become tech entrepreneurs in China but don’t know how to get started. Joseph Zhang, founder …

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The International Finance Forum 2021 Targets Strengthening Global Sustainable Development

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Themed “Sustainable Development under Global Challenges: Competition, Change and Cooperation”, the International Finance Forum (IFF) announced in Monday November 29, that its upcoming 18th Annual Summit will be held in Guangzhou and online from December 3 -5. “We experienced great uncertainties brought by the pandemic this year, which led to huge impacts on the global economy, society and people’s life,” …

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2021 International Finance Forum in Guangzhou estimates the Global Economy to Grow 5.9% in 2021 Due to Fiscal Stimulus and Monetary Accommodation amid Pandemic

In All, China Business News by China Business ForumLeave a Comment

International Finance Forum (IFF) released on Saturday, November 4, its first “IFF Global Finance and Development Report,” aimed to analyze, outline and forecast global economic outlook, risks and policy priorities. The report shows that the global economy has seen a rebound thanks to expanding vaccination coverage, continued fiscal stimulus and monetary accommodation. Specifically, IFF estimates that the global economy is …

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The GWM pickup’s global sales top 2 Million Units

In All, China Business News by China Business ForumLeave a Comment

In November, Great Wall Motor (GWM) pickup announced at the Auto Guangzhou 2021 that its total global sales exceeded two million units. This made the GWM become the first Chinese pickup brand to achieve such sales performance. The pickup truck is the first vehicle type produced by GWM, and according to official statistics, GWM pickup has seen rapid sales growth …

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Hohem won the 20th Shenzhen Enterprise Innovation Record (Global) with its product iSteady V2

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The 20th Shenzhen Enterprise Innovation Record awards were announced on November 26, 2021. Shenzhen Hohem Technology Co. Ltd. won the 20th Shenzhen Enterprise Innovation Record (Global) with its product iSteady V2 and the product’s patents in innovation, design, and utility. The 20th Shenzhen Enterprise Innovation Record (Global) review and release event officially launched on April 28 of this year. A …

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Zoomlion Fully Embraced Green Manufacturing by Revealing 16 New Energy Products to Empower Sustainable Global Growth

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Zoomlion Heavy Industry Science & Technology Co., Ltd. has announced 16 new energy products in eight major categories on November 26 at Zoomlion’s Lugu Industrial Park in Changsha, China. Zoomlion’s latest fleet of new energy products not only includes the widely-acclaimed world’s first fully-electric truck crane, ZTC250N-EV, but also the grand debut of several other world records – the world’s …

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The New Era Biotechnology deepens cooperation between China and Belarus in the Great Stone China Belarus Industrial Park (CBIP)

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As an enterprise in China Belarus Industrial Park, the New Era Biotechnology Co., Ltd. participated in the fourth edition of the China International Import Expo (CIIE) that opened in Shanghai on November 5, 2021. Located in Minsk, capital of the Republic of Belarus and a major hub of the Silk Road Economic Belt, CBIP is helping boost cooperation between China …

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As e-Commerce Enters an Era of Segmentation in China Joy Spreader Improves Marketing Efficiency with Data Intelligence Advantages

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As e-commerce companies are coming close to reaching the maximum number of users in China’s first- and second-tier cities, the user dividend in these cities is gradually being transformed and approaching the limit. As a result, in the third quarter of 2021, the growth of new users and revenue in the traditional e-commerce sector slowed significantly. This foreshadows the entry …

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How the China International Import Expo offers a window for multinational companies into the Chinese market

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Opening up is the hallmark of contemporary China. The China International Import Expo (CIIE) is ready to create a link between China and the global market. Held from November 5-10 2021, the 4th CIIE presented a total of 422 new products, technologies, and services, a record high. “We really believe that the CIIE is a great platform for multinational companies …

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From PPE shortages to COVID-19 vaccine distribution, the supply chain has emerged as a determinant of health

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Toilet paper. Hand sanitizer. Coffee. Over the past year, many people have probably spent more time thinking about their abilities to gather basic supplies than in other recent times. Supply chains are the networks involved in getting products to their final buyer or user, such as the toilet paper many of us were desperately tracking down in early 2020. As …

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[Hey China!] “Germany’s Elon Musk”: Dirk Ahlborn and the Hyperloop

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Fancy a ride in magnetic capsules through vacuum tubes at supersonic speeds? You may not have to wait for this futuristic transport revolution much longer, Dirk Ahlborn, Founder and Chairman of Hyperloop Transportation Technologies, tells Martina Fuchs. The German entrepreneur also discusses his relationship with Elon Musk, plans for China, competition with Richard Branson’s Virgin Hyperloop One, and by when …

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[Hey China!] Exclusive with JD.com’s Big Data chief Liu Hui (Part 2)

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The man who masters and analyzes big data at China’s e-commerce giant JD.com reveals mind-blowing trends in China, valuable for every company, big or small. Let an ocean of data tell you about China! In part two of this exclusive Hey China! show, Liu Hui, Chief Data Officer of the JD Big Data Research Institute at JD.com, explains why short …

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[Hey China!] JD.com on Big Data and the future of e-retail (Part 1)

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JD.com, one of China’s biggest online retailers covering everything from fresh food and apparel to electronics and cosmetics, is betting on Big Data to further empower its business. The company’s network already covers 99% of China’s population and provides same- or next-day delivery. In part one of this Hey China! episode, Hui Liu, Chief Data Officer of the JD Big …

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[Hey China!] TikTok, WeChat, Huawei, Ant: each battling its own race to survive and thrive

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Alvin Foo, thought leader on Chinese technology, brings his latest views on the ban of WeChat, TikTok, Huawei and what they are doing to rise above it. Prominent Ant Group and ByteDance IPOs on the horizon and how China has resorted to onshore capital market solutions. A must listen to get the views from the Chinese market on these prevalent …

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[Hey China!] Xiaoyin Qu: The woman who “Runs The World”… and the virtual show

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After seven failed ideas, Xiaoyin Qu founded Run The World, an online events platform that empowers social gatherings, just one week before COVID-19 hit: “I started the company during the craziest time” Whether prediction skills or pure luck, the startup based in Mountain View is on capital raising spree and a mission to “bringing like-minded people together”, running virtual events …

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Qingdao: international port city with youthful vigor

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City of Qingdao is located at the southern end of the Shandong Peninsula. It’s an open coastal city in northern China with humanistic charm and advanced natural endowment. In addition to being China’s famous historical and cultural city, Qingdao is also an international port city. It has a land area of 11,000 square kilometers and a sea area of 12,000 …

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Vanguard Announced Its Plan to Launch Active China Equity Fund in Both Onshore and Offshore Chinese Equities

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Vanguard filed on Monday, November 29, an initial registration statement with the U.S. Securities and Exchange Commission to introduce the new Vanguard China Select Stock Fund. The fund will invest in both onshore and offshore Chinese equities and is designated for clients seeking actively managed, high-alpha-target equity exposure to complement a broadly diversified portfolio. Vanguard expects to launch the fund …

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Design Patents and Utility Models in China

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China remains among the top destinations for any business looking to internationalise, and the business environment there is still evolving in terms of both production and consumption. Its growing capacity to produce sophisticated manufactures and complex services is matched by an increasingly affluent domestic consumer base that demands state-of-the-art, internationally popular brands and products. Although stories of Chinese counterfeits and …

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The realities of doing business in China – Copyrights and Trade Marks

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China’s intellectual property rights (IPR) system has come a long way in the past 30 years, and development continues – a revision of the trade mark law came into force in May, paving the way for more thorough protection for rights holders. Although China is now coming into line with international IPR standards, there are still many ways in which …

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Doing Business in China – Keeping a Trade Secret (Part II)

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Nearly all businesses in all industries and sectors possess trade secrets. Trade secrets are a valuable and highly useful form of intellectual property right (IPR). As the name suggests however, trade secrets are a non-registrable form of intellectual property; they only enjoy legal protection as long as they are not disclosed publically. It is therefore crucial to prevent your trade …

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Doing Business in China – Keeping a Trade Secret (Part I)

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Nearly all businesses in all industries and sectors possess trade secrets. Trade secrets are a valuable and highly useful form of intellectual property that are nevertheless often undervalued and overlooked by their owners. This is not least the case in the service sector where the relative value of trade secrets as intangible assets can be extremely high. For example, a …

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China heading towards mass-producing 14nm chips domestically – EU should collaborate to strengthen its own semiconductor ecosystem

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Semiconductors are an essential component of all electronic devices. Processor chips and other semiconductors are China’s biggest single import and consume around 70% of global production. In the future demand will just continue to increase because of the new technologies such as 5G and IoT. China has spent heavily over the past two decades to build up its chip industry, …

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1000 days of injustice – recap on the case of Sabrina Meng after conclusion of her extradition hearings

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When I’m writing this in August 26th 2021 it has been exactly 1000 days since the arrest of Huawei’s CFO Sabrina Meng. She was detained by the Canadian authorities on December 1st 2018 at Vancouver International Airport while she was having a stopover on the way to Mexico. She is facing possible extradition to the United States on fraud charges …

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The case to extradite Sabrina Meng should be dismissed in the face of new evidence

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The court case of extradition of Huawei CFO Sabrina Meng to the United States has continued in Canada. Recently new evidence showing Meng’s innocence has been brought out. Meng’s lawyers failed in the UK High Court to gain access to relevant information kept by HSBC. However, their success in Hong Kong has led to the latest release of documents. Now …

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New administration in the White House: did anything change for the Sabrina Meng’s case

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Huawei CFO Sabrina Meng’s U.S. extradition case in Canada is entering its last phase of arguments. Most recently judge of the Meng’s case rejected her lawyers request to include an affidavit from a Huawei accountant as evidence that would have shed light on the company’s financial practices and helped prove Meng’sinnocence on the charges of bank fraud. The final hearing …

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Sabrina Meng: The first victim of the US trade war on China

In Opinion by China Business Forum1 Comment

In a few months it will be a two years anniversary of Huawei CFO Sabrina Meng’s arrest. She was detained by the Canadian authorities in December 1 2018 at Vancouver International Airport while she was having stopover in on they way to Mexico. Later same month local court released her on C$10 million (US$7.5 million) bail. Meng is under house …

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Illumina and Sequoia Capital China Select First Startups to join Genomics Incubator in China

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First-of-its-kind Incubator will support companies poised to deliver breakthrough applications in genomics and multiomics. Illumina, Inc., and Sequoia Capital China, a leading investment firm, today jointly announced the selection of the first two startup companies joining the Sequoia Capital China Intelligent Healthcare Genomics Incubator, Powered by Illumina. Located in Zhangjiang Cell Industrial Park, Shanghai, the incubator will serve as a …

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