The Stanford China Economic Forum (SCEF) brings together scholars, business leaders from a range of industries, and other change-makers to promote dialogue, an open exchange of ideas, and collaboration. In the first session of SCEF, Marc Tessier-Lavigne, President, Stanford University gave the opening remarks and Jonathan Levin, The Philip H. Knight Professor and Dean of […]
Business leaders denounce protectionism at APEC China CEO Forum
Business leaders and government representatives have gathered in Beijing for the APEC China CEO Forum. Many say they believe China could continue its high-quality growth and that protectionist policies by the US would not succeed. Watch the full video here.. To accelerate success of your leaders and high potentials, Cornerstone offers executive coaching and training […]
China’s foreign trade rises in Jan-April as global recovery picks up
China’s foreign trade expanded 28.5 percent year on year to 11.62 trillion yuan (about 1.8 trillion U.S. dollars) in the January-April period as global recovery pick up and pent-up demand unleashed. This marks an increase of 21.8 percent from the pre-epidemic level in 2019, the General Administration of Customs (GAC) said. Exports jumped 33.8 percent […]
Sustainable investment wave in China to continue, thanks to Beijing’s climate policy support, says Morningstar
A surge of Chinese investment in mutual funds with a sustainability focus driven by money flooding into the electric car sector is likely to be sustained this year, according to funds research and management firm Morningstar. Major policies announced by Beijing last year to drive decarbonisation in industry will benefit product and solution providers, said […]
China: a promising consumer market
China is the World’s most promising consumer market with a population of 1.4 billion and over 400 million middle-income people. With per capita GDP exceeding $10,000 last year, the country has entered an important stage of consumption upgrading Watch the Infographic here… To accelerate success of your leaders and high potentials, Cornerstone offers executive coaching […]
China’s strong recovery impetus for the global economy
China’s economy continues its strong recovery, registering 18.3 percent year-on-year growth in the first quarter. The economic recovery on the global level, however, has been unbalanced. In the first quarter, the US economy had recovered to pre-pandemic levels. And with vaccination rates rising and the weather warming, service sector is to recover at a faster […]
Shanghai’s GDP up 17.6% in Q1
Shanghai saw an upswing in economic growth in the first quarter, with almost all major indicators performing strongly. The city’s gross domestic product approximated 946 billion yuan (US$145.6 billion) in the first three months, an increase of 17.6 percent from the same period last year (calculated at comparable prices), according to the city’s statistics bureau. […]
The digital economy grows by 9.7%
China’s digital economy maintained a high growth rate of 9.7 percent in 2020 amid the coronavirus pandemic and global economic downturn, said a white paper on China’s digital economy development released on Sunday. The growth rate of the digital economy was more than three times that of the GDP, playing its pivotal role in spurring […]
Industrial giants post 137% profit surge in the first quarter
Profits of China’s major industrial firms maintained fast expansion in the first quarter this year as the Chinese economy continued its recovery and enterprises’ production and sales further restored growth, official data showed yesterday. Industrial firms with an annual business turnover of at least 20 million yuan (US$3.08 million) raked in 1.83 trillion yuan in […]