Monthly Archives: August 2016

Cover of August 2016

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Table of Contents of August 2016

  1. Cover story

Become part of Paris in Macao

  1. Economy outlook

Chinese consumption market remains stable

  1. Financial strategy

Chengdu expected to achieve 8.21 Billion Yuan in revenue from exhibition in 2016

  1. Legal spotlight

The 6th WTO policy review of China completed

  1. Point of interest

Air China to launch Chengdu-Sydney service

  1. Portrait

Mayor of Chongqing

  1. Remark from editor

How is Macau doing?

 

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Become part of Paris in Macao

In addition to Venetian, the Parisian is scheduled to have its grand opening on the 13th of September.  Continue reading

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Chinese consumption market remains stable

On August 12, the principal of the Department of Market Operation and Consumption Promotion of the MOFCOM introduced the consumption market operation situation of China in July 2016. Continue reading

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Chengdu expected to achieve 8.21 Billion Yuan in revenue from exhibition in 2016

Chengdu is scheduled to be the host city for more than 520 major exhibition events for the whole year of 2016. The China Council for the Promotion of International Trade Chengdu Sub-Council (CCPIT Chengdu), the organization responsible for the promotion of Chengdu as a city for conventions and exhibitions, has calculated that the total area occupied by all of the events, when added together, amounts to 3.3 million square meters. Revenue directly generated from the exhibition sector is anticipated to grow 10 per cent year on year to reach 8.21 billion yuan (approx. US$1.23 billion). Indirect revenue is also expected to grow by a similar percentage, with expectations that the combination of direct and indirect revenue will reach 69.7 billion yuan (approx. US$10.5 billion). Continue reading

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The 6th WTO policy review of China completed

On July 22, the 6th WTO policy review of China was smoothly completed in Geneva. The Chinese Vice Minister of Commerce, Wang Shouwen attended the meeting with the Chinese Delegation. He introduced the condition of China’s economy, trading investment, main revolution and actions of opening since the last deliberation in 2014. The Chinese ambassador in WTO attended the deliberation. Continue reading

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Air China to launch Chengdu-Sydney service

On August 25, 2016, Air China held a press conference in Chengdu, announcing that their Chengdu-Sydney service will begin on November 11, 2016. After the launch of Chengdu-Frankfurt and Chengdu-Paris flights, this route is Air China’s third intercontinental flight based in its Chengdu hub, and also its first nonstop service between western China and Oceania. Not only will travelers flying out of Chengdu be able to directly fly to the sunny port city of Sydney, but people from cities all across western China including Xi’an, Kunming, Urumchi, Guiyang, Lanzhou, and Xining can also fly from Chengdu to travel to the southern hemisphere. Continue reading

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