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China Business Weekly - 9 August 2022

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  • China to seek new growth drivers
  • China contributing 30% to global manufacturing output
  • Port of Shanghai reaches new milestone in container throughput
  • Tencent to invest CNY10 billion in the next decade in basic research
  • China's C919 passenger plane finishes test flights
  • Total revenue of Chinese Fortune 500 companies exceeds that of the U.S.
  • Five cities in Hainan in lockdown; Beijing reports two cases and limits entry
  • 8,990 freight trains ran between China and Europe in the January-July period
  • China's foreign trade up 10.4% in first seven months; up 16.6% in July
  • China's infrastructure investment increases 15% in July
  • U.S. to widen ban on exports of IC equipment; China's semiconductor fund plagued by corruption
 
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