BCECC Newsletter – 15 years of China Platform at University of Ghent

BCECC on 15 years of China Platform at University of Ghent

On 21 March 2022, Ghent University celebrated the 15th Anniversary of the China Platform in Ghent in the presence of Prof. Rik Van de Walle, Rector of Ghent University, and H.E. Mr. Cao Zhongming, Ambassador of the People’s Republic of China to the Kingdom of Belgium. During this celebration, Prof. Luc Taerwe, Director of the […]

China Press Review – March 16, 2022

Beijing’s “First-Store Economy”: What Are the New Incentives?
Beijing is optimizing its first-store economy support policies to streamline the procedures for companies that want to open their first store in the city. Financial support measures have also been clarified.

China Press Review – March 15, 2022

China’s retail sales, industrial data soundly beat expectations:
China reported Tuesday better-than-expected growth in retail sales, fixed asset investment and industrial production to start the year.

China Press Review – March 14, 2022

Chinese companies continue to increase investment in domestic chip production as Beijing keeps focus on self-sufficiency.
China’s IC sales hit 1.05 trillion yuan in 2021, up 18.2 per cent from a year earlier.

China Press Review – March 11, 2022

China GDP: 2022 economic growth target is within reach, ‘but it will come at a cost’: Variety of options in Beijing’s fiscal policy toolkit are expected to help insulate it from the impact of a protracted war in Ukraine, but analysts flag risks of overreaching.

China Press Review – March 10, 2022

Two sessions 2022: 5 Chinese tech leaders weigh in: Founders of leading Chinese tech companies present policy proposals to China’s Two Sessions in 2022. 

China Press Review – March 9, 2022

China inflation slowed in February as food prices eased: data
China’s factory-gate inflation eased to its slowest pace in eight months in February as consumer price growth also softened, data showed Wednesday, after new coronavirus curbs and a drop in food prices.  

China Press Review – March 8, 2022

Gender equality at work: how do Hong Kong, mainland China, Singapore and others compare?
Around the world, the proportion of women in the workforce is lower than for men. Parental leave, pay and protections against harassment also give an idea of progress.

China Press Review – March 7, 2022

China sets lowest growth target in 30 years as Ukraine fallout looms: China unveiled a growth target of about 5.5 per cent, its lowest in three decades, as Beijing seeks to buttress its economy after a sharp loss of momentum in 2021 and fallout from Russia’s invasion of Ukraine. 

China Press Review – March 4, 2022

Ukraine outcry and Covid chaos overshadow Xi’s celebrations: Just a few weeks ago it seemed that the last Chinese parliamentary session of President Xi Jinping’s second term in office would be a congratulatory affair, where his administration could brag about the success of its Covid containment policies while focusing on efforts to shore up an economy hit by its worst property downturn in years.  

China Press Review – March 2, 2022

Four Questions Regarding the Chinese Economy:
China’s economy decelerated sharply toward the end of 2021 and at the start of the new year it was growing at about 4 percent.

China Press Review – March 1, 2022

China’s 2021 GDP surpasses 114 trillion yuan: NBS (about $18.1 trillion) in 2021, registering an increase of 8.1 percent over the previous year.

China Press Review – February 25, 2022

China’s trade with Russia won’t be enough to offset sanctions, U.S. says.
In the hours after Russia invaded Ukraine, the U.S., U.K. and European Union announced new sanctions aimed at isolating Moscow from the global economy.

China Press Review – February 24, 2022

Biggest Consumer Trends for China in 2022 and the Foreseeable Future:
We look at some of the prominent consumer trends in China and spending patterns among its mid-to high-income groups and highlight sectors with potential for consumption growth.

China Press Review – February 23, 2022

Chinese feel imported inflation pressure, from coffee to crude to cosmetics
Price hikes at major coffee chains such as Starbucks and Luckin set off a social media firestorm, illustrating public gripes over inflation as Chinese consumers see own wages fall.

China Press Review – February 22, 2022

New China Guidelines Promote Transfer of Manufacturing to Inland Regions:
China’s manufacturing sector is set to move from the developed east coast to the country’s inland regions.

China Press Review – February 21, 2022

China’s industrial subsidies: what are they and why are they a source of tension with the West?
Subsidies are widely used by different levels of government in China to aid economic development, but they are a long-standing source of tension with the West.