CGTN: Chinese growth will boost global economic recovery in 2023

BEIJING, Jan. 5, 2023 /PRNewswire/ — With the lingering impact of COVID-19 and negative spillover from the situation in Ukraine, the global economy, which has already shown a loss of momentum, is facing uncertainties. Continued fiscal and monetary tightening to bring down inflation in several countries, coupled with supply chain disruptions and decreasing industrial production, […]

CGTN: China, Philippines vow further cooperation for new chapter in bilateral relations

BEIJING, Jan. 5, 2023 /PRNewswire/ — China and the Philippines on Wednesday vowed to promote their comprehensive strategic cooperation, with cooperation documents being signed in various areas such as the Belt and Road cooperation, agriculture and fisheries, infrastructure, finance, customs, e-commerce and tourism. The agreement was reached during talks between Chinese President Xi Jinping and […]

PowerChina Supports Cultivation of Highly Skilled Talent in Zambia

LUSAKA, Zambia, Jan. 5, 2023 /PRNewswire/ — On the Kafue River about 90 km south of Zambian capital Lusaka, Zambia’s first large-scale hydropower station is humming smoothly. Commissioned in July 2021, the Kafue Gorge Lower Hydropower Station, constructed by PowerChina, plan to install five Francis turbines, with a total installed capacity of 750 mw. Not […]

Hisense CES 2023: Expanding Global Footprint and Paving the Way for Ongoing Growth

LAS VEGAS, Jan. 5, 2023 /PRNewswire/ — On January 4th, David Gold, President of Hisense USA, delivered a speech at Hisense CES 2023 Press Conference, sharing Hisense’s international growth and successes in terms of its global layout, technology innovations, B2B business, smart development, and its sponsorships and partnerships. High-Level of Scale, Efficiency and Flexibility Making Hisense […]

CGTN: China’s preparedness for adjusting its COVID-19 policies

BEIJING, Jan. 4, 2023 /PRNewswire/ — Since China prioritized its COVID-19 response from the dynamic zero-COVID policy, some Western media and intellectuals have been questioning China’s “preparedness” of making the change. Preparedness can only be evaluated by the results to which it leads – in the case of COVID-19, the number of lives saved. Since […]

CGTN: China’s dynamic zero-COVID policy sets the foundation for reopening

BEIJING, Jan. 4, 2023 /PRNewswire/ — China has adjusted its response to COVID-19 prevention and control in recent weeks. It announced it will downgrade COVID-19 management from Class A to Class B infectious disease while resuming passport, visa issuance and easing border-entry policies starting on January 8, 2023. It also changed the Chinese name of […]

CGTN: China’s economic outlook after the COVID-19 policy shift

BEIJING, Jan. 4, 2023 /PRNewswire/ — China’s recent announcement of changing its COVID-19 policies has drawn attention to its potentially negative economic impact. True, China may face some challenges in its retail sales and consumer spending in the early days when the country downgraded its level of COVID-19 management. The lifting of COVID-19 related restrictions […]