Tag «MARKETS»

US toy sector in jeopardy Industry association ‘dead set against’ raising tariffs on Chinese-made toys

Photo:VCG Photo:VCG   Bob Grubba, head of a leading US import firm in the model train industry, is worried about Washington’s threat to slap more tariffs on remaining Chinese imports, saying that it would result in family bread-winners in the industry losing their jobs. Usually, the president and CEO of Broadway Limited Imports visits one …

Chinese lawmakers call for strengthened SME promotion

Senior Chinese legislators Monday called for greater efforts to strengthen the work on promoting small and medium-sized enterprises (SMEs) and better implement national strategies to promote SMEs. The call was made at the second plenary meeting of the Standing Committee of the National People’s Congress (NPC) inspection team on the enforcement of the Law on …

Foreign-invested enterprises benefit from China’s IPR protection

In the name of the US-based parent company, an agent of the Universal Pictures (Shanghai) Trading Company Ltd. made a special trip to Guangzhou, capital of south China’s Guangdong Province. The visit was about expressing gratitude for the support to protect the company’s intellectual property rights (IPRs) by the Guangzhou Intellectual Property Court. The company …

China’s foreign investment law to improve business environment

China’s draft foreign investment law is well received among foreign investors, who believe it will further improve the country’s business environment. A new draft of the law was submitted to China’s national legislative session for a third reading last week, and has been deliberated by lawmakers and discussed by political advisors over the past few …

Homegrown avocados could replace Latin American imports in next three to five years: industry insiders

Photo: Courtesy of ForAvo Agriculture An avocado seedling production plant of ForAvo Agriculture Co in Jiangmen, South China’s Guangdong Province in 2017. Photo: Courtesy of ForAvo Agriculture China’s growing health-conscious middle class is fueling a rapid boom in the demand for avocado, which is dubbed as a “butter fruit” in China. Domestic farmers have been …

Quanjian’s business empire on the verge of failing False advertising scandal develops into an entire business model being brought into question

Photo: VCG Shu Yuhui, founder and chairman of Quanjian Photo: VCG Quanjian Tumor Hospital in North China’s Tianjin Photo: VCG Domestic healthcare products maker Quanjian recently got into trouble after an article on the WeChat public account Dingxiangyisheng accused it of selling ineffective cancer drugs to patients. The article has attracted much public and media …

AI schooling blossoms in China amid talent shortages As country strives to fill talent gaps, experts express concern about overhype in industry

In the eyes of Xiao Jun, vice dean of the School of Artificial Intelligence under the University of the Chinese Academy of Sciences (UCAS), the establishment of AI schools is a “must.” After more than 60 years of development, AI technologies – including cloud computing, big data analysis and data collection – have become so …