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Economic Watch: Shanghai a pioneer in China-U S trade following ping-pong diplomacy - Buz & Tech News

2021-04-16 09:40:51 GMT2021-04-16 17:40:51(Beijing Time) Xinhua English SHANGHAI, April 16 (Xinhua) Shanghai, the city that witnessed ping-pong diplomacy between China and the United States in 1971, has played an important role and immensely benefited from the China-U.S. economic and trade exchanges, according to entrepreneurs and experts in the city. During a series of commemorative events on the 50th anniversary of ping-pong diplomacy, some impressive investment and trade figures involving the two countries were released. Despite the COVID-19 pandemic, U.S. investment into Shanghai saw double-digit growth last year, bringing the aggregate contractual investment of the United States into the city to more than 28 billion U.S. dollars by the end of 2020, according to the Shanghai municipal commission of commerce. Meanwhile, enterprises in Shanghai have invested more than 22.4 billion U.S. dollars in the United States.

Ping-Pong Diplomacy chalks up 50 years

Ping-Pong Diplomacy chalks up 50 years By ZHOU WENTING and HE QI in Shanghai | China Daily | Updated: 2021-04-12 07:29 Share CLOSE Judy Hoarfrost and Yang Jun take part in a match in the United States on July 8,2011. XINHUA Rousing reception for anniversary event in Shanghai Jeffrey S. Lehman, vice-chancellor of New York University Shanghai, the first higher education institute established between China and the US, started playing table tennis as a child in the basement of his home in Maryland, in the United States. On Saturday afternoon, he was among 13 US citizens living in Shanghai and provinces neighboring the city who joined Chinese amateur players for a friendly match marking the 50th anniversary of Ping-Pong Diplomacy between the two countries.

Foreign enterprises play part in China s poverty relief -Eastday

By:Zheng Qian  |   From:english.eastday.com  |  2020-12-23 09:20 As the Chinese government has been strenuously getting rid of poverty across its vast territory, foreign companies in China have also been active participants in this wide-ranging battle. To share the poverty reduction experience of foreign enterprises and institutions, an awards ceremony was held recently in Shanghai with nearly 200 people participating. Certificates were issued to 22 companies with outstanding poverty relief efforts and achievements, covering several aspects like education poverty alleviation, health poverty alleviation, infrastructure poverty alleviation and employment poverty alleviation. Roche Diagnostics was one of the winners due to its cancer screening for rural residents over the past 20 years. Yao Guoliang, general manager of Roche Diagnostics China, said that Roche Diagnostics is proud to have contributed to China’s rural development, and the company has witnessed the continuo

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