Deutsche Bank Eyes Expansion in China Deutsche Bank’s COO for China has announced ongoing efforts to explore more opportunities within the Chinese market. This initiative underscores the bank’s commitment to leveraging the dynamic financial and economic landscape in China. As of 2023, foreign banks held a total asset value of over $3 trillion in China, highlighting the significant presence and …
Beijing International Book Fair (BIBF) Kicks Off with Increased International Presence
The Beijing International Book Fair (BIBF) is set to take place from June 19-24, 2024, showcasing an impressive increase in international participation. This year, the fair will feature exhibitors from over 95 countries, emphasizing its role as a global platform for cultural and literary exchange. The event will host various activities, including book launches, author signings, and industry seminars, promoting …
STAR Market Celebrates Fifth Anniversary with Impressive Growth and Enhanced Investment Tools
The STAR Market, China’s premier technology-focused stock exchange, celebrates its fifth anniversary with remarkable growth and the introduction of enhanced investment tools. Launched in 2019, the STAR Market has become a vital platform for innovative companies, offering them opportunities for capital raising and fostering technological advancement. Over the past five years, it has facilitated the listing of numerous high-tech enterprises, …
China Economic Daily Brief – June 17, 2024
Increased Investment in China’s Manufacturing Sector China is witnessing a significant rise in investment in its manufacturing sector, driven by favorable policies and technological advancements. In the first quarter of 2024, fixed asset investment in manufacturing increased by 10.1% year-on-year. This trend highlights the country’s focus on boosting industrial capabilities and innovation, presenting lucrative opportunities for foreign investors in high-tech …
Whale Cloud and Ant International Forge Strategic Partnership to Expand E-Wallet and Super App Technologies
Whale Cloud and Ant International have announced a strategic partnership to enhance and expand e-wallet and super app technologies globally. This collaboration aims to leverage Whale Cloud’s advanced cloud-based solutions and Ant International’s expertise in digital finance to drive innovation in mobile payment systems and super app functionalities. The partnership focuses on providing seamless, secure, and efficient digital financial services, …