Multinational companies are banking on the forthcoming China International Import Expo to showcase their confidence in the country's economic resilience, market potential and policies to stay rooted, experts said.Global consultancy Accenture said it will showcase its latest digital applications at the expo, which will be a combination of intelligent applications, data and infrastructure necessary to tackle uncertainties.Zhu Wei, chairman of Accenture in China, said the country has shown great resilience in the face of COVID-19, and it is crucial for businesses to work together and boost in...
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2020
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The exhibitors' association of the China International Import Expo (CIIE) announced Sunday to set up some special committees, including one for public health and epidemic prevention.The establishment of the public health and epidemic prevention committee was particularly important amid the current fight against the novel coronavirus pandemic, as the exhibitors believed.The third CIIE, scheduled to open in early November in Shanghai, will designate for the first time a public health and epidemic prevention exhibition area. Nearly 50 companies have signed up for the exhibition.On the same da...
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2020
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China's economy will grow 2.5 percent this year, Bloomberg News has reported, citing the UBS Group AG that raised its forecast from 1.5 percent due to the recovery in domestic consumption and strong investment.Chinese economy will expand 5.5 percent this quarter from a year earlier, and 6 percent in the final three months of 2020, Bloomberg quoted the bank's chief China economist Wang Tao and others as saying.The surprising strength of Chinese exports in the second quarter prompted the economists to increase their estimate for trade in the rest of the year, and they also revised up the...
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2020
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