by Boyang Shen | May 27, 2024 | Automotive, Business, China, Glopen, In-depth, Newsletter
1.SWIFT Report: CNY’s Share of Global Payments Has Fluctuated On May 23, SWIFT released its latest report, indicating that the share of the Chinese yuan (CNY) in global payments decreased to 4.52% in April, down 0.17 percentage points from 4.69% in March....
by Boyang Shen | May 20, 2024 | Automotive, Business, China, Explore, Glopen, In-depth, Newsletter, Services, Trade
1.The Central Bank of China Has Issued Three Consecutive Policies Targeting Real Estate On May 17, the People’s Bank of China introduced three new policies to support the real estate market: The minimum down payment for a first home was set at 15% (30% before),...
by Boyang Shen | May 13, 2024 | Business, China, Explore, Glopen, In-depth, Newsletter, Travel
1.In April 2024, the national CPI for Residents Increased by 0.3% Year-on-Year In April 2024, national consumer prices rose 0.3% year-on-year. Among which, urban areas and rural areas rose by 0.3% and 0.4%; food prices fell by 2.7% and non-food prices rose by 0.9%;...
by Boyang Shen | May 6, 2024 | Automotive, China, Explore, Glopen, In-depth, Newsletter, Travel
1.In April, The PMI for China’s Manufacturing Sector Was 50.4% According to the data released by National Bureau of Statistics on April 30, in March, the Manufacturing Purchasing Managers’ Index (PMI) was 50.4%, a decrease of 0.4 percentage points from the...
by Boyang Shen | Apr 29, 2024 | Automotive, Business, China, Explore, Glopen, In-depth, Newsletter
1.China’s First Sora-Class Video Mega-Model Vidu Launched On April 27, 2024, during the Zhongguancun Forum Annual Conference’s Future Artificial Intelligence Pioneers Forum, Tsinghua University, in collaboration with Bioscience Technologies, officially...
by Boyang Shen | Apr 22, 2024 | Business, China, Explore, Glopen, In-depth, Newsletter, Travel
1.Over 141 Million Exit-Entry Travelers Recorded in China in Q1 2024 At a press conference held on April 18th, the National Immigration Administration (NIA) disclosed impressive statistics for the first quarter of the year, indicating a significant surge in travel and...
