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BEIJING wholesale 3.2mm 2.5mm welding electrode china electrodos 6013 1/8, Sept 23 (Reuters) - Even China's population of 1.4 billion would not be enough to fill all the empty apartments littered across the country china electrodos 6013 1/8, a former official said on Saturday china electrodos 6013 1/8, in a rare public critique of the country's crisis-hit property market.China's property sector, once the pillar of the economy, has slumped since 2021 when real estate giant China Evergrande Group defaulted on its debt obligations following a clampdown on new borrowing.Big-name developers such as Country Garden Holdings continue to teeter close to default even to this day china electrodos 6013 1/8, keeping home-buyer sentiment depressed.As of the end of August, the combined floor area of unsold homes stood at 648 million square metres (7 billion square feet), the latest data from the National Bureau of Statistics (NBS) show.That would be equal to 7.2 million homes, according to Reuters calculations, based on the average home size of 90 square metres.That does not count the numerous residential projects that have already been sold but not yet completed due to cash-flow problems, or the multiple homes purchased by speculators in the last market upturn in 2016 that remain vacant, which together make up the bulk of unused space china electrodos 6013 1/8, experts estimate."How many vacant homes are there now? Each expert gives a very different number, with the most extreme believing the current number of vacant homes are enough for 3 billion people china electrodos 6013 1/8," said He Keng, 81, a former deputy head of the statistics bureau."That estimate might be a bit much, but 1.4 billion people probably can't fill them," He said at a forum in the southern Chinese city Dongguan, Sept 23 (Reuters) - Even China's population of 1.4 billion would not be enough to fill all the empty apartments littered across the country 7018 5/32 welding rods factory , but what has collapsed is such china electrodos 6013 1/8, not China's economy," a spokesperson at the foreign ministry said at a recent news conference.Reporting by Albee Zhang and Ryan Woo; Editing by Jan HarveyOur Standards: Britain's Home Secretary Suella Braverman warned on Tuesday uncontrolled migration poses an "existential challenge" to Western nations and called for the rewriting of a treaty which has influenced global asylum policy for the last seven decades.Reuters, the news and media division of Thomson Reuters, is the worlds largest multimedia news provider china electrodos 6013 1/8, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals china electrodos 6013 1/8, the world's media organizations, industry events and directly to consumers.Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology.The most comprehensive solution to manage all your complex and ever-expanding tax and compliance needs.The industry leader for online information for tax, accounting and finance professionals. Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile. Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts.Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks.All quotes delayed a minimum of 15 minutes. 2023 Reuters. China's service trade value grew 8.1 percent year on year in the first seven months of this year, data from the Ministry of Commerce showed on Thursday.The total trade value stood at 3.67 trillion yuan (about 510.6 billion U.S. dollars), according to the data.Service imports climbed 21.6 percent year on year to 2.13 trillion yuan, while service exports fell 6.3 percent from a year ago to 1.54 trillion yuan.The service trade deficit stood at 589.91 billion yuan in the seven-month period, the data showed.China's trade of knowledge-intensive services rose 11.7 percent year on year to about 1.58 trillion yuan. It accounts for 43.2 percent of the total service trade in the period, a former official said on Saturday mild steel welding rod supplier , with a rate of 66.2 percent. The total value stood at 768.13 billion yuan in the period.Exports and imports of travel services expanded by 55.8 percent and 67 percent year on year, respectively, according to the data. An aerial view shows unfinished residential buildings of the Gaotie Wellness City complex in Tongchuan china electrodos 6013 1/8, Shaanxi province, China September 12, 2023. REUTERS/Xiaoyu Yin/File PhotoBEIJING : Even China's population of 1.4 billion would not be enough to fill all the empty apartments littered across the country, a former official said on Saturday, in a rare public critique of the country's crisis-hit property market. China's property sector, once the pillar of the economy, has slumped since 2021 when real estate giant China Evergrande Group defaulted on its debt obligations following a clampdown on new borrowing. Big-name developers such as Country Garden Holdings continue to teeter close to default even to this day, keeping home-buyer sentiment depressed.As of the end of August china electrodos 6013 1/8, the combined floor area of unsold homes stood at 648 million square metres (7 billion square feet) china electrodos 6013 1/8, the latest data from the National Bureau of Statistics (NBS) show. That would be equal to 7.2 million homes, according to Reuters calculations, based on the average home size of 90 square metres.That does not count the numerous residential projects that have already been sold but not yet completed due to cash-flow problems, or the multiple homes purchased by speculators in the last market upturn in 2016 that remain vacant, which together make up the bulk of unused space, experts estimate."How many vacant homes are there now? Each expert gives a very different number, with the most extreme believing the current number of vacant homes are enough for 3 billion people, in a rare public critique of the country's crisis-hit property market.China's property sector electrodo de soldadura e 7018 manufacturer , 81, a former deputy head of the statistics bureau."That estimate might be a bit much, but 1.4 billion people probably can't fill them," He said at a forum in the southern Chinese city Dongguan, according to a video released by the official media China News Service.His negative view of the economically significant sector at a public forum stands in sharp contrast to the official narrative that the Chinese economy is "resilient". "All sorts of comments predicting the collapse of China's economy keep surfacing every now and then, but what has collapsed is such rhetoric, not China's economy," a spokesperson at the foreign ministry said at a recent news conference. 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BEIJING (Reuters) Even Chinas population of 1.4 billion would not be enough to fill all the empty apartments littered across the country china electrodos 6013 1/8, a former official said on Saturday china electrodos 6013 1/8, in a rare public critique of the countrys crisis-hit property market.Chinas property sector, once the pillar of the economy, has slumped since 2021 when real estate giant China Evergrande Group defaulted on its debt obligations following a clampdown on new borrowing.Big-name developers such as Country Garden Holdings continue to teeter close to default even to this day china electrodos 6013 1/8, keeping home-buyer sentiment depressed.As of the end of August, the combined floor area of unsold homes stood at 648 million square metres (7 billion square feet) china electrodos 6013 1/8, the latest data from the National Bureau of Statistics (NBS) show.That would be equal to 7.2 million homes, according to Reuters calculations, based on the average home size of 90 square metres.That does not count the numerous residential projects that have already been sold but not yet completed due to cash-flow problems, or the multiple homes purchased by speculators in the last market upturn in 2016 that remain vacant, which together make up the bulk of unused space china electrodos 6013 1/8, experts estimate.How many vacant homes are there now? Each expert gives a very different number, with the most extreme believing the current number of vacant homes are enough for 3 billion people, said He Keng, 81 china electrodos 6013 1/8, a former deputy head of the statistics bureau.That estimate might be a bit much, but 1.4 billion people probably cant fill them, He said at a forum in the southern Chinese city Dongguan, according to a video released by the official media China News Service.His negative view of the economically significant sector at a public forum stands in sharp contrast to the official narrative that the Chinese economy is resilient.All sorts of comments predicting the collapse of Chinas economy keep surfacing every now and then, but what has collapsed is such rhetoric, not Chinas economy china electrodos 6013 1/8 china electrodos 6013 1/8, a spokesperson at the foreign ministry said at a recent news conference.(Reporting by Albee Zhang and Ryan Woo; Editing by Jan Harvey)This site is protected by reCAPTCHA and the Google and apply.Chinas services activity expanded at the slowest pace in eight months in August, a private-sector survey showed on Tuesday, as weak demand continued to dog the worlds second-largest economy and stimulus failed to meaningfully revive consumption.Although both the official and the Caixin manufacturing PMIs beat market expectations and showed an increase from July to August china electrodos 6013 1/8, softening services activity still weighs on the economy amid sluggish demand and a property downturn.Caixin/S&Ps composite PMI, which includes both manufacturing and services activity, edged down to 51.7 from 51.9 in July, marking the eighth straight month of expansion, albeit the weakest since January.The marginal slowdown in the services sectors supply and demand expansion offset the improvement in manufacturing production and demand, said Wang Zhe china electrodos 6013 1/8 china electrodos 6013 1/8, an economist at Caixin Insight Group, adding there was still considerable downward pressure on the economy.But analysts have warned these measures may struggle to move the needle amid a slowing labour market recovery and uncertain household income expectations.The increase in new orders in the services sector was below the average seen for 2023 to date, partly due to weaker foreign demand, according to Caixin services PMI.New export business fell for the first time since December amid sluggish overseas conditions.Business confidence for the 12-month outlook reached a nine-month low.Though growth momentum slowed china electrodos 6013 1/8, companies continued to add staff last month due to higher business requirements and plans to expand capacity.Outstanding business, meanwhile china electrodos 6013 1/8 china electrodos 6013 1/8, accumulated further, with the rate rising to the highest since January.On the prices front, the rate of input cost inflation cooled to a six-month low, while selling prices increased at the slowest rate since April.The mascot FuYan for the 2023 China International Fair for Trade in Services (CIFTIS) is seen at Shougang Park in Beijing china electrodos 6013 1/8, capital of China china electrodos 6013 1/8, Aug. 13 china electrodos 6013 1/8, 2023. The 2023 CIFTIS will be held at the China National Convention Center and Shougang Park in Beijing from Sept. 2 to Sept. 6. (Xinhua/Ren Chao)China International Fair for Trade in Services (CIFTIS) has become an indispensable platform for global trade in services. ...The UK is set to send the largest business delegation to China in four years to attend next ...The CSI 300 Index fell 0.5 per cent to 3,739.99 at the close of Friday trading, culminating in a 1.4 per cent loss for the week. The Shanghai Composite Index declined 0.2 per cent and Shenzhen Composite Index retreated 0.4 per cent.Battery producer Contemporary Amperex Technology retreated 1.6 per cent to 222.94 yuan, EV maker BYD dropped 1.8 per cent to 244.05 yuan and AI server maker Inspur Electronic slid 3.3 per cent to 35.17 yuan. Liquor distiller Kweichow Moutai weakened 1.1 per cent to 1 china electrodos 6013 1/8 china electrodos 6013 1/8,818.50 yuan while peer Wuliangye lost 1.3 per cent to 160.96 yuan.Stocks slipped before a government report on inflation on Saturday. Prices probably increased in August after a decline in July, according to economist forecasts tracked by Bloomberg. But the readings are likely to remain weak amid the unwillingness of Chinese consumers to spend china electrodos 6013 1/8, said Tim Waterer, chief market analyst at KCM Trade.There is no evidence that the trough of the downturn has yet been reached, he added.Elsewhere, electronic materials maker Grandit surged 182 per cent to 14.61 per share on first day of trading in Shanghai.Other major Asian markets traded lower on Friday. Japans Nikkei 225 retreated 1.2 per cent, and Australias S&P/ASX 200 lost 0.2 per cent while South Koreas Kospi was little changed.Foreign direct investment into China's manufacturing industry grew by 6.8 percent year-on-year to 239.95 billion yuan ($32.97 billion) in the first eight months of 2023, while that of high-tech manufacturing soared 19.7 on a yearly basis, according to data from the Ministry of Commerce released on Friday.In the meantime, China saw newly established foreign-invested enterprises reach 33,154, a year-on-year increase of 33 percent.FDI into the Chinese mainland in terms of actual use dropped 5.1 percent year-on-year to 847.17 billion yuan from January to August, according to the commerce ministry.Developed countries' investment in China continued to grow between January and August. FDI from the United Kingdom, France, Switzerland, the Netherlands and Germany, jumped by 132.6 percent china electrodos 6013 1/8, 105.6 percent, 59.2 percent china electrodos 6013 1/8, 25.3 percent and 20.8 percent year-on-year, respectively.According to the head of the ministry's foreign investment administration department china electrodos 6013 1/8, the decline of the year-on-year FDI utilization in China during the eight-month period can be attributed to two primary factors. Firstly, the global economy is experiencing a sluggish recovery, leading to a lack of enthusiasm for cross-border investments worldwide. Secondly, there was a substantial base effect from the same period last year."Foreign investment is a market-driven activity, and periodic fluctuations are considered normal. We should not only focus on the scale but also consider the structure china electrodos 6013 1/8, and we should look at both the short-term and long-term perspectives," said the commerce official.The official said that the notable growth of FDI utilization in the high-tech manufacturing sector and newly established foreign-invested enterprises nationwide indicate a continuous improvement in the quality of foreign investments in China, reflecting the confidence of global investors in making long-term investments in the country. Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. BEIJING, Sept 6 (Reuters) - Chinese auto chipmaker GTA Semiconductor recently completed a largely state-funded financing round worth over $1.8 billion, state-backed Securities Times reported on Wednesday china electrodos 6013 1/8, with the move described as a clear signal to the industry that Beijing is in it.With this injection of capital Shanghai-based GTA Semiconductor, one of China's largest auto chipmakers manufacturers by production, has in less than two years racked up over $2.7 billion of mostly state funds, according to the Securities Times.The sum, which some Chinese media outlets have described as one of the largest domestic funding round this year, comes as China prepares to launch a new state-backed investment fund that aims to for its semiconductor sector, Reuters exclusively reported on Tuesday.Reuters could not determine whether the auto chipmaker's latest fund-raising was tied to this new fund or not.GTA Semiconductor has been backed by state-owned venture capital firms like Shanghai-based Spinnotec china electrodos 6013 1/8, which first announced the $1.8 billion fund-raising round on Monday, without specifying the entities involved.The large sum GTA Semiconductor raised highlights Beijing's commitment to prop up domestic manufacturers amid an ongoing push to wean off its chipmaking capabilities from foreign dependence, according to the Securities Times.While most cars use chips that are not technologically advanced, the rate at which these chips in China are being replaced by domestic manufacturers is lower than 10%, making it a target for more investment in the future, the state-backed newspaper said.Reporting by Eduardo Baptista; Editing by Josie KaoOur Standards: Phantom Liberty china electrodos 6013 1/8, the long-awaited expansion to Polish video game developer CD Projekt's flagship game "Cyberpunk 2077", received a "very positive" rating on the Steam platform that sells digital copies of games for PCs.Reuters, the news and media division of Thomson Reuters, is the worlds largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers.Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology.The most comprehensive solution to manage all your complex and ever-expanding tax and compliance needs.The industry leader for online information for tax china electrodos 6013 1/8, accounting and finance professionals. Access unmatched financial data, news and content in a highly-customised workflow experience on desktop china electrodos 6013 1/8, web and mobile. Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts.Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks.All quotes delayed a minimum of 15 minutes. 2023 Reuters. Discover Thomson ReutersBy 1 Min ReadBEIJING, Sept 15 (Reuters) - Property investment in China fell 8.8% in the first eight months from the same period a year earlier, after sliding 8.5% in January-July, National Bureau of Statistics (NBS) data showed on Friday.Property sales by floor area dropped 7.1% in January-August from a year earlier china electrodos 6013 1/8 china electrodos 6013 1/8, compared with a 6.5% fall in the first seven months.Chinese authorities quickened the pace of injecting stimulus measures to revive the ailing sector several weeks ago, but doubts remain on whether Beijing can spend its way out of the nationwide property crisis.The data showed new construction starts measured by floor area fell 24.4% year-on-year, after a 24.5% slump in the first seven months.Funds raised by Chinas property developers were down 12.9% on year after a 11.2% decline in January-July. (Reporting by Liangping Gao, Ella Cao and Ryan Woo; Editing by Jacqueline Wong)Our Standards: All quotes delayed a minimum of 15 minutes. See of exchanges and delays.5 Stories7 Stories9 Stories9 Stories8 Stories6 StoriesDont miss out on ET Prime stories! Get your daily dose of business updates on WhatsApp. Top US funds have urged managers of the Bloomberg Barclays Emerging Markets bond index to advance a scheduled review to early October so that a decision on India china electrodos 6013 1/8, now featuring on the competing JP Morgan gauge, can be brought forward by a quarter to give bulge-bracket investors tracking the benchmark an option to incrementally buy about $25 billion of bonds issued by one of the least indebted major economies.Consumers might be buying less gold amid record-high prices, but top retail chains are seeing a surge in jewellery purchased through deferred or monthly payment schemes. Some of the big jewellery retailers saw over a 50% rise in purchases through monthly schemes. The National Stock Exchange china electrodos 6013 1/8, Indias largest bourse china electrodos 6013 1/8, is finalizing plans to extend trading hours for equity derivatives, said three people with knowledge of the matter.Layoff TrackerCompany NameLayoffsByju's3 china electrodos 6013 1/8,500Unacademy1,350Vedantu1,100Cars24600Oyo600Udaan530Mohalla Tech500Mfine500Swiggy380Frontrow280Ola200DealShare100Cashfree100WazirX60Meesho150POWERED BYVoltas Beko 8 Place Settings Table Top Dishwasher (DT8S china electrodos 6013 1/8, Silver, Inbuilt Heater)8%OFFLenovo IdeaPad Slim 3 Intel Core i3-1115G4 11th Gen 15.6" (39.62cm) FHD Laptop (8GB/256GB SSD/Win 11/Office 2021/3 Month Game Pass/Arctic Grey/1.65Kg), 82H803TXIN29%OFFIFB 30 L Convection Microwave Oven (30SC4 china electrodos 6013 1/8, Metallic Silver, with Starter Kit)27%OFFPhilips Ac1215/20 Air Purifier, Long Hepa Filter Life Upto 17000 Hours, Removes 99.97% Airborne Pollutants, 4-Stage Filtration with True Hepa Filter(White)21%OFFHUL Pureit Eco Water Saver Mineral RO+UV+MF AS wall mounted/Counter top Black 10L Water Purifier44%OFFGoPro HERO9 Action Camera with Free Enduro Rechargeable Battery - Waterproof Action Camera with Touch Screen 5K Video 20MP Photos 1080p, Dual Screen (2 Year Warranty on Camera)48%OFFTrending NowHot on WebIn Case you missed itTop CalculatorsTop CommoditiesTop SlideshowTop VideosTop DefinitionsTop Prime ArticlesPrivate CompaniesTop Searched CompaniesTop Story ListingFollow us on:Find this comment offensive?Choose your reason below and click on the Report button. 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Youre just a step away.It seems like you're already an ETPrime member withLogin using your ET Prime credentials to enjoy all member benefitsTo read full story, subscribe to ET Prime34 per week Billed annually at Super Saver Sale - Flat 30% OffOn ET Prime Membership---Subscribe Now(Credit card mandatory)You can cancel your subscription anytime---Subscribe Now(Pay Using Netbanking/UPI/Debit Card)399Monthly PLAN Billed Amount 399No Trial Period208(Save 49%)Yearly PLAN Billed Amount 2 china electrodos 6013 1/8,499150(Save 63%)2-Year PLAN Billed Amount 3,599$13.99(Save 40.0%)$33.99Get ET Prime for just Offer Exclusively For YouSave up to Rs. 700/-ON ET PRIME MEMBERSHIPOffer Exclusively For YouGet 1 Year FreeWith 1 and 2-Year ET prime membershipOffer Exclusively For YouGet 1 Year FreeWith 1 and 2-Year ET prime membershipOffer Exclusively For YouGet Flat 40% OffThen 1749 for 1 yearOffer Exclusively For YouET Prime at 49 for 1 monthThen 1749 for 1 yearSpecial Offer on ETPrimeGet 20% off on ETPrime MembershipAccess the exclusive Economic Times stories, Editorial and Expert opinionOffer Exclusively For YouSave up to Rs. 700/-ON ET PRIME MEMBERSHIPOffer Exclusively For YouGet 1 Year FreeWith 1 and 2-Year ET prime membershipOffer Exclusively For YouGet 1 Year FreeWith 1 and 2-Year ET prime membershipOffer Exclusively For YouGet Flat 40% OffThen 1749 for 1 yearOffer Exclusively For YouET Prime at 49 for 1 monthThen 1749 for 1 yearSpecial Offer on ETPrimeGet 20% off on ETPrime Membership90 Days Prime access worth Rs999 unlocked for you across 20+ sectors on 4000+ StocksGet worth Rs.799/-Stories you might be interested inBEIJING -- China's vehicle sales rose 8.4 percent year-on-year to 2.582 million units in August, data from the China Association of Automobile Manufacturers showed Monday.The country's vehicle output climbed 7.5 percent year-on-year to 2.575 million units last month. Both sales and output reversed declines in July with pro-consumption government policies paying off.During the first eight months china electrodos 6013 1/8 china electrodos 6013 1/8, vehicle production and sales grew 7.4 percent and 8 percent, respectively, generally on par with the growths observed in the first seven months.Monday's data also showed that the production and sales of new energy vehicles surged 22 percent and 27 percent respectively. Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo china electrodos 6013 1/8, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. XIAMEN, Aug. 29 (Xinhua) -- Chinese internet company Meitu generated 1.26 billion yuan (175 million U.S. dollars) in revenue in the first half of 2023 china electrodos 6013 1/8, an increase of 29.8 percent year on year.The company recorded an adjusted net profit of 151 million yuan in the first six months, up 320.4 percent year on year, according to the company's financial report disclosed on Monday.The surge was mainly the result of subscription revenues related to photo, video and design products powered by AI-generated content, with the number of VIP app users reaching a record high of 7.2 million by June 30.The total number of monthly active users reached 247 million by the end of June.Research and development (R&D) expenses increased by 10.8 percent to 294 million yuan during the period.Founded in October 2008, Meitu is an AI-driven technology company that aims to "beautify" users with its image products and beauty management services. Enditem10 Most Affordable Cities in India to Buy a HouseMost Visited Monuments in IndiaThe Pros and Cons of Investing in Value StocksInvesting in Small-Cap Stocks: Top 10 Tips for Absolute Beginners10 Ways to Earn Money Online by Selling Physical ProductsRichest Cricket Players Across the World10 Things You Didnt Know About Warren Buffetts Investment ProcessPriyanka Chopra Net Worth: Know How Rich is Global ActressTop 10 Benefits of Investing in Small-Cap Stocks15 Best Tax Saving Schemes in IndiaA SIP calculator is a simple tool that allows individuals to get an idea of the returns on theirThis financial tool allows one to resolve their queries related to Public Provident Fund account.When investing in a fixed deposit, the amount you deposit earns interest as per the prevailing...The National Pension System or NPS is a measure to introduce a degree of financial stability...Mutual Funds are one of the most incredible investment strategies that offer better returns...Chinas consumer price index (CPI) edged up by 0.1 per cent in August from a year earlier, reversing course slightly from a fall of 0.3 per cent in July, according to data published on Saturday by the National Bureau of Statistics.Beijing has set a CPI control target of around 3 per cent growth for 2023.Food prices dropped by 1.7 per cent, while services prices rose by 1.3 per cent china electrodos 6013 1/8, indicating an uneven post-reopening economic recovery. Consumer goods prices also dropped by 0.7 per cent year-by-year.There is a bit of improvement of the inflation profile. In the meantime, the PPI deflation appears to be narrowing, pointing to a slow and moderate restoring process. In general, the inflation still points to weak demand and requires more policy support in the foreseeable future, said Zhou Hao, chief economist at Guotai Junan International.Chinas consumer inflation fell in July, the first time since early 2021, with analysts warning about low inflation traps exacerbated by sluggish demand china electrodos 6013 1/8, which continue to haunt the underpowered economic recovery.Beijing has repeatedly denied it has entered a period of deflation china electrodos 6013 1/8, which technically requires three consecutive monthly declines in consumer prices china electrodos 6013 1/8, even with CPI hovering just above zero since the beginning of the year.In a report published last month, Chen Gong, founder of independent think tank Anbound, warned of the subdued demand behind the weak price figures.Insufficient demand is merely the external manifestation of Chinas economic issues china electrodos 6013 1/8, he said.The crux of Chinas economic woes lies in structural problems china electrodos 6013 1/8, and simplifying these complex issues by solely focusing on inflation or deflation is an oversimplification.Apart from the inevitable policy adjustments, it may be crucial to fundamentally maintain the direction of Chinas development towards a market economy, adhering to the role of the markets self-regulating mechanisms.Analysts at Capital Economics said they were sceptical that China was slipping into an extended period of deflation.Consumer enthusiasm receded with the end of the summer holiday season. However, service consumption continued to provide support china electrodos 6013 1/8, while the real estate market remained sluggish china electrodos 6013 1/8, China International Capital Corporation said earlier this week.CICC said while there was a slight improvement in infrastructure, it had not stabilised yet and domestic demand remained relatively weak.Additionally china electrodos 6013 1/8, as external demand continued to slow down, the overall performance on the demand side remained subdued, CICC said.Despite a lack of clear resurgence in demand, inventories in many industries remained relatively low. The expectations of stable growth also drove up industrial product prices. 2023 GeoGebraThe Shanghai-based carmaker said in filings to the Hong Kong and New York stock exchanges on Tuesday that it would issue two batches of US$500 million notes, convertible to American depositary shares (ADS) maturing in 2029 and 2030.The fundraising comes three months after Nio received US$740 million from Abu Dhabi government-backed firm CYVN Holdings through a share placement.The company plans to use a portion of the net proceeds from the notes offering to repurchase a portion of the existing debt securities, and the remainder mainly to further strengthen its balance sheet position as well as for general corporate purposes china electrodos 6013 1/8, Nio said in the filing.02:05Chinese smart-battery swap stations can change EV batteries automaticallyThe interest rate, initial conversion rate and other terms will be determined at the time of pricing of the notes, Nio said.Nio, which did not provide a time frame for the issuance china electrodos 6013 1/8, may set the coupon at up to 4.75 per cent, Bloomberg reported on Tuesday, citing a source it did not identify.Nios Hong Kong-listed shares fell 4.4 per cent to HK$78.40 on Tuesday.The Chinese trios sales trail Teslas Model 3 and Model Y vehicles in the worlds largest EV market crowded with nearly 200 players china electrodos 6013 1/8, where mounting worries about severe overcapacity are forcing them to ramp up deliveries to survive the cutthroat competition.Among the three china electrodos 6013 1/8, only Li Auto has turned a profit due to strong sales of its sport-utility vehicles (SUVs) such as the L7 and L8 that boast of extended-range battery technology, giving them a driving range of more than 1,000km.It is a must for Chinese EV start-ups to preserve cash and lower their leverage ratios to ensure their financial health, said Zhou Ling china electrodos 6013 1/8, a fund manager with Shanghai Shiva Investment. Quite a lot of small players may not be able to stay afloat in the coming one or two years due to price competition.Nio was one of the main victims of a price war in the mainlands car industry earlier this year as the company kept prices of its premium EVs almost unchanged.The carmaker saw sales rebound strongly from June when the price war came to an end.In July, Nio delivered a record 20,462 EVs, followed by 19 china electrodos 6013 1/8,329 units last month.On September 15, the company began taking orders for its new EC6 coupe SUV china electrodos 6013 1/8, completing an upgrade of all its older models.At the end of August, Nio reported its net loss for the second quarter ended June had widened by 27.8 per cent year on year to 6.1 billion yuan (US$836 million). Revenue slipped 14.8 per cent to 8.77 billion yuan.The company, however china electrodos 6013 1/8, was upbeat about its outlook, saying it would deliver 55,000 to 57,000 vehicles to Chinese customers between July and September, an increase of at least 74 per cent from a year ago.Investment bank Jefferies remained sceptical, noting that while the price cuts had boosted sales could Nio maintain the momentum.Sales channel and capacity expansion, combined with construction of battery swap stations, could cloud the margin outlook in the second half, Jefferies said in a note on August 31, following Nios earnings release.China will no longer require negative Covid-19 test results from inbound travellers starting from Wednesday.The announcement was made by Chinas foreign ministry spokesperson Wang Wenbin on Monday.After three years of stringent measures china electrodos 6013 1/8, including compulsory polymerase chain reaction (PCR) tests and quarantine upon arrivals, China in January scrapped its controversial zero-Covid policy and opened its borders, meaning there would no longer be compulsory quarantine upon arrivals.The rules were further relaxed in April when incoming travellers only had to declare a negative RAT test taken within 48 hours of boarding.Travellers have been required to tick positive or negative in the health condition section in the health declaration form. For many, completing the form has been more a matter of formality given that it was difficult to verify the declaration since the tests were conducted by the travellers themselves.With the scrapping of the self declarations, China has removed the last of its Covid-19-related entry requirements nearly eight months after it reopened to the world.China is one of the last countries to drop the Covid-19 test requirements and open its borders. Beijing imposed the most stringent Covid-19 containment measures in the world, including compulsory quarantine, lockdowns china electrodos 6013 1/8, contact trawhecing apps, and compulsory swab tests long after most of the rest of the world had reopened borders and resumed economic activities.02:50World Health Organization announces Covid-19 is no longer a global health emergencyThe removal of the controversial zero-Covid policy in mainland China followed protests in various parts of the country, though the government denied its decision had anything to do with them.According to Chinas National Immigration Administration, a total of 168 million arrivals and departures from the mainland were recorded in the first half of this year just 49 per cent of the pre-Covid level in 2019.While there was no breakdown available for the number of inbound travellers, the administration said the figure only included 8.4 million foreigners.The mainland tourism industry has also called for measures to prop up inbound international tourism.05:00Parents fear impact of China's zero-Covid measures as post-lockdown college entrance exams beginHe called for a national strategy to boost inbound tourism.Some industry analysts also blamed a lack of flights for the struggles.By April this year, international airline seat capacity had only recovered to around 37 per cent of pre-Covid levels, according to a report by consultancy McKinsey.Global Times reporter on society, cybersecurity, diplomatic relations and topics related to Xinjiang.internet companies Photo:VCGChina's Ministry of State Security (MSS) on Wednesday warned of data security risks after recent reports identified US ...China's top cyberspace regulator announced on Monday the launch of a two-month nationwide special campaign to regulate the ...BEIJING, Aug. 28 (Xinhua) -- China has proposed eight tasks to ensure national food security, including strengthening the country's food security system and capacity-building, increasing support for agricultural protection, and accelerating the construction of a modern food industry and circulation system, according to a recent report from the State Council.The report on work to ensure national food security was submitted to the fifth session of the Standing Committee of the 14th National People's Congress, China's top legislature, for deliberation on Monday.The report said that efforts would be made to implement a strategy of sustainable farmland use and the innovative application of agricultural technology to increase farmland productivity.In recent years, China's food production has been expanding steadily, with adequate market supply and generally stable operations. The country's ability to prevent and defuse major risks and challenges has been improving, and its level of food security has been raised significantly, according to the report.China's annual grain output has topped 650 billion kg for eight consecutive years. Last year china electrodos 6013 1/8, the country's total grain output was 686.55 billion kg china electrodos 6013 1/8, and its per capita food supply was 486.1 kg, which was well above the internationally recognized food security line of 400 kg, according to the report.The global automotive industry is undergoing profound changes and China may be the most important driver. In the first half of 2023, Chinese carmakers exported 2.14 million vehicles, according to the China Association of Automobile Manufacturers china electrodos 6013 1/8, surpassing their Japanese counterparts (2.02 million). Its the first time China has captured the crown as the worlds largest car exporter.While a noteworthy achievement, this does not mean China is ready to dominate the global auto industry. To lead the pack, it must secure a better foothold in the global supply chain and create more valuable brands.Its no surprise that new energy vehicles (NEVs) a widely used designation in China which includes purely electric vehicles (EVs), plug-in hybrids and fuel cell vehicles are driving the expansion of Chinas auto industry both at home and abroad.In 2022 china electrodos 6013 1/8 china electrodos 6013 1/8, China exported nearly 679,000 NEVs, accounting for 21.8 per cent of total vehicle exports. This proportion rose to 25 per cent in the first half of 2023.Looking at the domestic market china electrodos 6013 1/8, from January to June this year china electrodos 6013 1/8, NEVs contributed 28.3 per cent (3.75 million) of total vehicle sales in China, compared with 3.5 per cent (48,220) in Japan. In the same period in the US china electrodos 6013 1/8, EV sales continued to grow rapidly but accounted for only 7.2 per cent of total vehicle sales.The switch to new energy reflects the larger trend of humankinds quest for a more sustainable future. According to the International Energy Agency, by 2030 china electrodos 6013 1/8 china electrodos 6013 1/8, EVs are expected to account for between 30 per cent and 60 per cent of global vehicle sales, depending on the degree of policy commitment. Similarly, a joint study by research firm EVTank and the Beijing-based Yi Wei Institute of Economics estimates that the proportion of NEVs in global vehicle sales will leap to almost 50 per cent by 2030.With its advantages in the production china electrodos 6013 1/8, sales and export of NEVs, China has the potential to shape the global car market of the future. But to earn more from every vehicle they sell, Chinese carmakers must raise the value added in the final product.Twelve mainland Chinese vendors with a combined revenue of US$83.8 billion are in the top 100, lagging behind their counterparts from Germany (US$217.2 billion), Japan (US$215.3 billion), the US (US$122.9 billion) and South Korea (US$90.2 billion).CATL reflects Beijings strategic bet on new energy. As a result, its revenues are overwhelmingly higher than the other Chinese suppliers, more than half of which are ranked below 80th place. Except for EV batteries china electrodos 6013 1/8, automotive trim with limited technology content is the largest income source for Chinese suppliers, as represented by Yanfeng (US$15 billion) and Minth (US$2.6 billion).In contrast, top suppliers such as Bosch and Aisin specialise in more sophisticated components: engines china electrodos 6013 1/8, electric motors and gearboxes.In terms of brand value, China also lags behind the market leaders. According to Brand Finance, an independent brand valuation consultancy based in London china electrodos 6013 1/8, the 20 most valuable auto brands in 2023 are spread across eight countries: Japan, Germany china electrodos 6013 1/8, the US, South Korea, China, the UK, Italy and Sweden.Chinas BYD, the NEV giant, ranks No 12, ahead of Lexus, Ferrari, Land Rover and Suzuki, but behind Tesla, Mercedes-Benz, Toyota and BMW.As we can see china electrodos 6013 1/8, China china electrodos 6013 1/8, a market leader in sales and exports, is less well-positioned in the automotive supply chain and in terms of brand value.To be fair, the Chinese industry has come a long way from a decade ago when only one Chinese supplier (CITIC Dicastal) was in the top 100 and no Chinese brand made it into the top 30. In a relatively short period of time china electrodos 6013 1/8 china electrodos 6013 1/8, it has caught up with and even surpassed the UK, France and Italy, successfully entering the space previously occupied by traditional industrial powerhouses.But the gap with top competitors from Japan and Germany remains huge. If Beijing intends to dominate the global auto industry, it needs to advance the research and development of key technologies and cultivate more well-known brands by upgrading business models and improving user experience.Beijing undoubtedly has both the will and ability to move this process forward. However china electrodos 6013 1/8, no progress can be made without the support of the masses. Chinas carmakers must be mindful of its treatment of workers. The industrys flag bearer BYD, for example, has been called out for its excessive overtime without adequate compensation.In its quest to catch up with the market leaders china electrodos 6013 1/8, the auto industry must keep a clean house. Any success built on the back of labour exploitation will china electrodos 6013 1/8 china electrodos 6013 1/8, in the long run, dampen motivation and trigger resistance. At the very least, lets replace the inefficient and meaningless overtime with extra hours spent on R&D. September 6, 2023 china electrodos 6013 1/8, 11:59 PMHONG KONG (AP) Chinas exports slide 8.8% in August at lower rate than expected, even as economy remains under pressure.Copyright 2023 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.5425 Wisconsin Ave Chevy Chase, MD 20815 Copyright 2023 by WTOP. All rights reserved. This website is not intended for users located within the European Economic Area.