Day: July 4, 2021

(Xinhua)09:51, January 13, 2021

HONG KONG, Jan. 12 (Xinhua) — Hong Kongs food safety authority decided on Tuesday to suspend the import of poultry meat and products from different areas in France, Britain, Germany, South Korea due to the bird flu outbreaks.

The Center for Food Safety (CFS) of the Hong Kong Special Administrative Region (HKSAR) governments Food and Environmental Hygiene Department said this was in view of notifications from the World Organization for Animal Health and the Ministry of Agriculture, Food and Rural Affairs of South Korea about outbreaks of highly pathogenic H5N8 avian influenza in Pyr茅n茅es-Atlantiques Department and Hautes-Pyr茅n茅es Department of France, Mid and East Antrim District in Antrim County of Northern Ireland in Britain, Nordhausen District in the State of Th眉ringen of Germany and Jinju-si and Geochang-gun of Gyeongsangnam-do Province of South Korea.

The CFS has instructed the trade to suspend the import of poultry meat and products, including poultry eggs, from these areas with immediate effect to protect public health in Hong Kong.

(Peoples Daily Online)11:07, January 13, 2021

Faced with the impact and challenges caused by the COVID-19 pandemic, Chinas Internet marketing not only showed great resilience, but also provided a basic guarantee for fighting the pandemic, resuming production and boosting the real economy, says a report released on Jan.12, 2021.

The China Internet Advertising Data Report says in 2020, Chinas Internet advertising achieved advertising revenue of 497.2 billion yuan (excluding Hong Kong SAR, Macao SAR and Taiwan province), maintaining an annual growth rate of 13.85 percent, which was 4.35 percentage points lower than the previous year.

The entry of small, micro and cutting-edge advertisers has not only filled the market share, as a result of big brands’ investment slowdown, but also supported the double-digit growth of the Internet advertising market, opening up a new path in the local era for the real economy’s recovery.

In 2020, the tendency that Chinas Internet marketing extended from advertising to services was more obvious. The total scale of the market for Chinas Internet marketing reached 1.05 trillion yuan. The revenue of Internet marketing services (excluding advertising) reached 549.4 billion yuan, which has exceeded Internet advertising revenue. With the continuous innovation of Internet marketing models, Internet marketing services have shown diversified growth, which has blazed a path for China to drive the real economy growth.

Compared with 2019, the advertising investment costs of small, micro and cutting-edge brand advertisers in 2020 increased by 50 percent, 5 percentage points higher than that of mature brands. Small and micro, cutting-edge advertisers have become a new force supporting the Internet advertising market in 2020.

Video platforms grew the fastest in 2020, an increase of 64.91 percent from 54.8 billion yuan in 2019 to 90.4 billion yuan. Among them, short video ads are the most eye-catching, with an increase of 106 percent, far exceeding the 25 percent increase of long video ads.

In 2020, Internet advertising on e-commerce platforms increased by 17.26 percent, and its share increased slightly from 2019 to 37 percent. E-commerce live stream marketing has become an important channel for retail digitization and e-commerce breakthrough. According to statistics, in the first half of 2020 there were more than 10 million e-commerce live streaming sessions, more than 400,000 active anchors, more than 50 billion viewers, with over 20 million products hitting the store shelves. The focus of live stream marketing has shifted from the sale of commodities to the emotional connection of people.

In 2020, consumer demand for various industries showed different flexibility with the pandemic. Under the pandemic situation, consumers demand for education and medical care was strong. Therefore, the advertising growth of these two industries was the most significant, reaching 57.1 percent and 40.28 percent respectively. In contrast, financial insurance, tourism, entertainment and leisure saw a decrease of 46.43 percent and 28.65 percent respectively.

It is believed that in the first year of the 14th Five-Year Plan,” in the context of normalization of pandemic prevention and control, industry insiders should give full play to the innovative advantages of Internet marketing, jointly maintain a good market ecosystem, and create a fair and competitive market environment, in order to move forward steadily amidst uncertain factors, serving the development of the real economy.

The report, which has been released for five consecutive years, was jointly released by the Interactive Marketing Lab in Zhongguancun in conjunction with PricewaterhouseCoopers, Miaozhen Marketing Science Academy and College of Journalism and Communication of Beijing Normal University.

(Xinhua)14:29, January 13, 2021

BEIJING, Jan. 13 (Xinhua) — The Asian Infrastructure Investment Bank (AIIB) has highlighted green and social infrastructure which will shape Asias post-COVID-19 recovery.

Post-crisis recovery programs should not be carbon-dependent, which presents policymakers with an opportunity to align public policies more closely with climate objectives, the bank, which began operations in January 2016, said Wednesday on its website.

The COVID-19 pandemic has prompted the world to probe the linkage of the virus and other diseases with future eco-catastrophes. This necessitates ESG (environmental, social and governance) standards in all business activities. ESG is the next growth frontier in asset management, according to the Beijing-headquartered bank.

Meanwhile, one of the weak links on the global production chain that COVID-19 exposed is social infrastructure, which has suffered from chronic underinvestment in many countries at various income levels. According to estimates from the Global Infrastructure Hub, transactions in social infrastructure fell from 19 billion U.S. dollars to less than 3 billion dollars in 2019.

Given the limited public spending in social infrastructure and the challenges of a post-COVID-19 recovery, catalyzing private capital flows into public investment takes on more relevance and is absolutely necessary, AIIB said.

The bank said its next chapter includes expanding into social infrastructure and ramping up its investments in digital infrastructure as a timely response to the medium- to long-term needs of its clients in the post-COVID-19 era.

As always, trend-savvy investors in infrastructure financing will need to remain flexible to navigate the turbulent times ahead if they wish to stay the course, said AIIB President and Chair of the Board Jin Liqun. Our ultimate goal is to contribute to economic growth and social progress that is inclusive and sustainable.

Green and social infrastructure are part of five emerging trends in infrastructure the bank identifies as important in preparing economies for the post-pandemic future. The other three fields are asset recycling or privatization, technology-enabled infrastructure, as well as connectivity infrastructure.

(Xinhua)15:14, January 13, 2021

BEIJING, Jan. 13 (Xinhua) — The number of automobiles sold in China totaled 25.31 million last year, down 1.9 percent from 2019, data from an industry association showed Wednesday.

The drop narrowed 6.3 percentage points from the decline seen in 2019, according to the China Association of Automobile Manufacturers.

(Xinhua)15:17, January 13, 2021

BEIJING, Jan. 13 (Xinhua) — Sales of new energy vehicles (NEV) in China went up 10.9 percent year on year in 2020 amid government efforts to encourage their use and ease pressure on the environment, data from the China Association of Automobile Manufacturers showed Wednesday.

NEV sales amounted to 1.37 million units last year. In December alone, NEV sales surged 49.5 percent year on year to 248,000 units, the data showed.

In November last year, China unveiled a development plan for its NEV industry in 2021-2035 that aims to accelerate the countrys transition into an automotive powerhouse.

The proportion of new NEVs in the sales of new vehicles is expected to rise to 20 percent by 2025, and vehicles used in public transportation will be completely electrified by 2035, according to the plan.

(Xinhua)16:04, January 13, 2021

BEIJING, Jan. 13 (Xinhua) — Chinas automobile exports dropped 2.9 percent year on year in 2020 due to the impact of COVID-19, data from the China Association of Automobile Manufacturers showed on Wednesday.

Last year, Chinese auto firms exported a total of 995,000 cars, the data showed.

Of the total, exports of passenger cars stood at 760,000 units, up 4.8 percent from the previous year, and exports of commercial vehicles declined 21.4 percent to 235,000 units.

Auto exports in the country began to recover since September, ending weak performance in the first eight months.

In December, Chinas auto exports surged 35.5 percent year on year to 145,000 units, notching a historic high, according to the association.

(Xinhua)09:33, January 11, 2021

BEIJING, Jan. 10 (Xinhua) — China has seen considerable growth in its economic, technological and composite national strength.

The rise of a responsible country like China does not threaten others or pose danger to the world. Instead, it has contributed more to global prosperity and the common well-being of humanity.

A white paper issued Sunday by Chinas State Council Information Office testifies to that.

The mission of Chinas international development cooperation in the new era is to promote a global community of shared future.

China has expanded the scale of its international development cooperation. In terms of foreign assistance, it allocated 270.2 billion yuan (about 41.4 billion U.S. dollars) in the forms of grants, interest-free loans, and concessional loans from 2013 to 2018.

And the cooperation has been carried out in various forms from complete projects to goods and materials, technical cooperation, South-South Cooperation Assistance Fund, medical teams and outbound volunteers.

The least developed countries in Asia and Africa are among the major beneficiaries.

China has also been helping other developing countries realize the UN 2030 Agenda for Sustainable Development goals, from reducing poverty, enhancing food security, improving health care, to promoting gender equality and eco-environmental protection.

And it is not just the government. Chinese medical teams and volunteers spread out across the world to help people in need; Chinese technicians and agricultural professionals taught their counterparts in developing countries viable new technologies and skills to increase income.

Last year, in the face of the ravaging COVID-19 pandemic, China launched the most intensive and largest-scale emergency humanitarian assistance mission since 1949 and did all it could to aid and assist more than 150 countries and international organizations.

China has also pledged to make COVID-19 vaccines available as a global public good once they have been developed and applied in the country.

The white paper reaffirmed Chinas commitment to doing all we can to support developing countries in the fight against COVID-19.

All these speak volumes about Chinas will and the actions it takes as a responsible country.

At present, China has entered a new development phase and is embarking on a journey to fully build itself into a modern socialist country.

But it will always consider its own growth in the context of the common development of all humanity.

No matter how strong it grows, China will remain a builder of world peace, a contributor to global prosperity and a defender of international order, contributing even more to the common well-being of humanity.