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County-level city in E China becomes hot destination for German investment

A recent report released by the German Institute for Economic Research showed that direct investment from Germany to China increased by 4.3 percent in 2023, reaching a record high of 11.9 billio...

County-level city in E China becomes hot destination for German investment

County-level city in E China becomes hot destination for German investment

People's Daily: County-level city in East China becomes hot destination for German investment

County-level city in East China becomes hot destination for German investment

/PRNewswire/ -- A report from People's Daily: The number of German companies in Taicang, east China's Jiangsu province reached 500 as Beumer Group settled...

Vipshop posts profit for 34 straight quarters--China Economic Net

Vipshop posts profit for 34 straight quarters - Buz & Tech News

2021-05-19 14:00:43 GMT2021-05-19 22:00:43(Beijing Time)  SHANGHAI, May 19 (Xinhua) -- China's major online discount retailer Vipshop Holdings Ltd. posted net revenue of 28.4 billion yuan (about 4.3 billion U.S. dollars) in the first quarter (Q1) of 2021, maintaining positive net earnings for 34 consecutive quarters, it said in a report on Wednesday. The NYSE-listed company raked in a net profit of 1.7 billion yuan during the quarter, and its gross merchandise volume (GMV) totaled 46.1 billion yuan, the company said. Vipshop also saw its active users grow by 54 percent, year on year, to 45.8 million during the quarter. Vipshop will stick to the strategy of providing products and services of high quality and reasonable prices to customers and continue to lead the special offers market in China, said Shen Ya, president and chief executive officer of the company.