An aerial view of Beibu Gulf Port in Qinzhou, Guangxi Zhuang autonomous region. - Xinhua
BEIJING (China Daily/ANN): Participants of the Regional Comprehensive Economic Partnership agreement pledged on Wednesday (Dec 16) that they will expedite the pact s implementation procedures and make policy arrangements in advance to help companies from all sides to share the benefits as soon as possible.
With many RCEP members beginning to offer authoritative interpretations to their business communities to make the agreement a reality, government officials from countries including Japan, South Korea, Vietnam, Thailand, Malaysia and Australia, said they will help companies make full use of preferential policies brought by the pact to boost regional economic integration in East Asia and support the global economic recovery.
Employees make auto parts at a foreign-funded company in Anshan, Liaoning province.- Xinhua
BEIJING (China Daily/ANN): Foreign direct investment in China in 2020 is expected to exceed last year s total, as the economy has recovered quickly from the Covid-19 pandemic and the efforts to stabilis e investment and foreign trade continue to yield results, officials and experts said on Tuesday (Dec 15).
They said China s continuously improving business environment has provided global companies a fair and open market, an efficient supply chain, competitive talent pool and 5G infrastructure for innovation, as well as confidence in its economy.
Multinational corporations are keen to add investment in China and build up their industrial and service chains, in particular in areas of operations, research and development.
1:33 PM MYT
Two new models of the Fuxing high-speed train are parked at China State Railway Group Co s branch in Xi an, Shaanxi province, on Dec 15. The trains will operate on the Yinchuan-Xi an High-Speed Railway, which is scheduled to open on Dec 26. - China Daily
BEIJING (China Daily/ANN): Beijing is likely to prioritiSe boosting domestic demand and cementing the acceleration in consumer spending as it sets out the major economic tasks for 2021, officials and experts forecast on Tuesday (Dec 15).
Unlike the stimulus measures targeted at the property market in some previous economic cycles, the upcoming demand-side reform is supposed to roll out long-term mechanisms to expand the middle-income population, they said before a key economic meeting set to chart the course for next year.
A woman donning a face mask waits for the traffic light to cross a road in Central district, Hong Kong. - China Daily
HONG KONG (China Daily/ANN): Hong Kong reported 98 new Covid-19 infections on Tuesday (Dec 15), including 89 locally transmitted ones, bringing the city’s tally to 7,721.
Thirty of the new infections were untraceable, Chuang Shuk-kwan of the Centre for Health Protection said at a press briefing in the afternoon.
Two more patients have died, Hospital Authority’s Chief Manager Linda Yu said at the same press briefing.
They involved a 79-year-old man who died at Queen Elizabeth Hospital on Monday afternoon and a 64-year-old female patient at Eastern Hospital who died earlier on Tuesday afternoon.
New energy vehicles drive China s auto industry growth thestar.com.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestar.com.my Daily Mail and Mail on Sunday newspapers.