Industry News

  • Digital Payment Methods Are Brazil’s Newest Export

    Digital Payment Methods Are Brazil’s Newest Export

    The country’s originals, Pix and Ebanx, could soon hit markets as diverse as Canada, Colombia and Nigeria—with many others on the horizon.  After taking their domestic market by storm, digital payment offerings are on track to become one of Brazil’s leading technology exports. The country’s origi...
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  • Anti-ESG Investing Comes With A Cost

    Anti-ESG Investing Comes With A Cost

    The growing popularity of ESG investing has triggered a backlash in the other direction. There is growing vociferous resistance against companies with environmental, social and governance (ESG) investment strategies, under the presumption that such strategies harm local industries and deliver sub...
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  • War and weather highlight the vulnerability of supplies critical to humanity’s future—especially food staples and the metals for renewable energy.

    War and weather highlight the vulnerability of supplies critical to humanity’s future—especially food staples and the metals for renewable energy.

    Human history sometimes shifts abruptly, sometimes subtly. The early 2020s look to be abrupt. Climate change has become an everyday reality, with unprecedented droughts, heat waves and floods that sweep the globe. Russia’s invasion of Ukraine broke nearly 80 years of respect for acknowledged bord...
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  • The US bond market is usually quiet during the summer months but not this year

    The US bond market is usually quiet during the summer months but not this year

    The summer months were unusually busy for the US bond market. August is generally quiet with investors away, but the past few weeks have been buzzing with deals. After a subdued first half—due to fears related to high inflation, rising interest rates and disappointing corporate earnings—big tech...
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  • Economic operation of machine tool industry in Q1 2022

    Economic operation of machine tool industry in Q1 2022

             In the first quarter of 2022, the statistics of key contacting enterprises of China Machine Tool Industry Association show that the main indicators of the industry, such as operating revenue and total profits, have increased year-on-year, and exports have increased substantially. The ove...
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  • World’s GDP Growth By Region 2022

    World’s GDP Growth By Region 2022

    World economic growth is slowing down and could result in a synchronized recession. Last October, the International Monetary Fund (IMF) predicted that the world economy would grow 4.9% in 2022. After almost two years marked by the pandemic, it was a welcome sign of a gradual return to normality. ...
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  • Service cooperation promotes development, promotes green innovation and welcomes the future

    Service cooperation promotes development, promotes green innovation and welcomes the future

    The 2022 China International Trade in Services Fair, co-hosted by the Ministry of Commerce and the Beijing Municipal Government, was held in Beijing from August 31 to September 5 under the theme “Service Cooperation for Development, Green Innovation and Welcome the Future”.   Thi...
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  • General Administration of Customs: In the first five months of this year, the value of China’s foreign trade rose 8.3 percent year-on-year

    General Administration of Customs: In the first five months of this year, the value of China’s foreign trade rose 8.3 percent year-on-year

    According to customs statistics, the value of China’s imports and exports in the first five months of this year was 16.04 trillion yuan, up 8.3 percent from the same period last year (the same below).   Specifically, exports reached 8.94 trillion yuan, up 11.4%; Imports totaled 7.1 tr...
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  • Economic operation of machine tool industry in 2021

    Economic operation of machine tool industry in 2021

    In 2021, the first year of the 14th Five-Year Plan, China led the world in epidemic prevention and control and economic development. The economy maintained steady recovery and the quality of development was further improved. China’s GDP grew by 8.1% year on year and by 5.1% on average over ...
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  • China’s Machine Tool Exports Continue To Maintain Significant Growth

    China’s Machine Tool Exports Continue To Maintain Significant Growth

    China Machine Tool Industry Association announced on the 3rd the economic operation of China’s machine tool industry from January to April 2022: From January to April 2022, the total import of machine tools was 4.21 billion US dollars, a year-on-year decrease of 6.5%; the total export valu...
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  • Serve Foreign Trade Enterprises and Make Practical Moves

    Serve Foreign Trade Enterprises and Make Practical Moves

    Recently, the General Office of the State Council issued the “Opinions on Promoting the Stability and Quality Improvement of Foreign Trade”, which clearly put forward 13 policy measures to promote the smooth and smooth transportation of foreign trade goods. Previously, the General Ad...
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  • Make the machine tool industry more high-end

    Make the machine tool industry more high-end

    In 2021, the added value of high-tech manufacturing industries above designated size will increase by 18.2% over the previous year, which is 8.6 percentage points faster than that of industries above designated size. These mean that the transformation and upgrading of China’s manufacturing ...
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