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Economic and trade morning bus | Thursday, February 17, 2022

author:China's trade promotion
Economic and trade morning bus | Thursday, February 17, 2022

Highlights for today

1. Saudi Arabia launched the bidding of new large-scale mines

2. Vietnam announced export targets for timber and non-timber forest products

3. Thailand has set up five types of investment target industries

4. Cambodia's bicycle exports last year increased by more than 70% year-on-year

5. Indonesia suspended the operation of more than 1,000 coal and other miners

6. South Korea raised the fine for Google's Android system

7. China will fully implement the classification management of enterprise credit risk

8. Economic and trade early warning: rebar

Economic and trade morning bus | Thursday, February 17, 2022

Saudi Arabia: Launch of tenders for new large-scale mines

According to the Arab News Network recently reported that Saudi Arabia launched a bid for al Khunayqiyah, a new large-scale mine. It is reported that Saudi Arabia provides mineral development companies with 30% concession fee reductions and 5-year tax holidays.

(Source: Economic and Commercial Division, Chinese Embassy in Saudi Arabia)

Vietnam: Release of export targets for timber and non-timber forest products

According to the Vietnam News Agency, vietnam's Ministry of Agriculture and Rural Development has approved relevant development plans for the forestry sector, with the goal of exporting wood products and non-timber forest products to 18 billion to 20 billion US dollars by 2025.

(Source: Viet News Agency)

Thailand: Set up five types of investment target industries

According to Thailand's "World Journal" recently reported, the Thai investment operation team said that it has formulated a plan to attract 1 trillion baht investment through five target industries such as automobiles, electronics and medicine within 1 to 2 years.

(Source: Thailand World Daily)

Cambodia: Bicycle exports rose by more than 70% year-on-year last year

According to Cambodia's Cambodian China Daily, in 2021, the total value of Cambodia's bicycle exports exceeded 560 million US dollars, an increase of more than 70% year-on-year. At present, there are 5 large foreign-funded bicycle assembly plants in Cambodia, all located in Bayu City, Svay rieng Province, which borders Vietnam.

(Source: Cambodian Daily)

Indonesia: Suspended operations of more than 1,000 coal and other miners

Indonesia's Ministry of Mines and Mines Directorate General of Mines and Coal recently issued a document pointing out that Indonesia has suspended the operations of more than 1,000 coal, tin and other mineral miners due to the failure to submit a 2022 work plan.

(Source: Cable Mesh)

South Korea: Raised Google's Android-related system fines

According to Yonhap News Agency reported on February 15, the Fair Trade Commission of South Korea said that it raised the fine imposed on Google to about 1.19 billion yuan for imposing an Android operating system on smartphone manufacturers.

(Source: Yonhap News Agency)

Economic and trade morning bus | Thursday, February 17, 2022

China will fully implement the classification management of enterprise credit risk

Recently, the State Administration for Market Regulation issued the "Opinions on Promoting the Classification Management of Enterprise Credit Risks to Further Improve the Effectiveness of Supervision", which proposes to strive to fully implement the classification management of enterprise credit risks in the market supervision system in about 3 years.

(Source: People's Daily Overseas Edition)

The maximum reward for enterprises listed in Qian, where they are registered, is 4 million yuan

On February 16, it was learned from the press conference of the Guizhou Provincial Government that the recently issued "Three-year Action Plan for Promoting the High-quality Development of Enterprise Listing in Guizhou Province" clearly states that Guizhou will reward enterprises registered in Guizhou after evaluation, and enterprises listed on the main board of China will be rewarded with 4 million yuan.

(Source: "Guizhou Release" WeChat public account)

Shenzhen Yantian plans to form a 100-billion-level marine industrial cluster

On February 16, Shenzhen Yantian District released the "Implementation Plan for Yantian District to Create a Core Area of a Global Marine Center City (2022-2025)", aiming to form a marine industrial cluster with an output value of 100 billion yuan by 2025.

(Source: Shanghai Securities News)

Economic and trade morning bus | Thursday, February 17, 2022

Rebar: Dominica made a final anti-dumping sunset review

Recently, the Dominican Unfair Trade and Safeguard Measures Regulatory Commission issued an announcement to impose an anti-dumping sunset review of rebar originating in China, deciding to impose 43% anti-dumping duties.

(Source: China Trade Remedy Information Network)

Economic and trade morning bus | Thursday, February 17, 2022

Mongolia: Food companies

The company is one of mongolia's largest food producers with three large factories and plans to export dairy products, sea buckthorn products, meat products, bilberry powder and other products to China.

Economic and trade morning bus | Thursday, February 17, 2022

Scan the QR code for details

(Source: Trade & Investment Network)

Economic and trade morning bus | Thursday, February 17, 2022
Economic and trade morning bus | Thursday, February 17, 2022

Bank of China: Issued 3 overseas green bonds

Recently, Bank of China Group completed the pricing of three green bonds in overseas markets, with a total size of US$860 million equivalent, to support green projects in asia, Africa and Europe.

(Source: World Wide Web)

Economic and trade morning bus | Thursday, February 17, 2022
Economic and trade morning bus | Thursday, February 17, 2022

Hunan Construction Engineering and Zhongdi International: Signed a contract for the Djibouti water distribution network project

Recently, Hunan Construction Engineering Group Installation Company and Zhongdi International Engineering Co., Ltd. jointly won a contract for the renovation and upgrading of the water distribution network in Djibouti, with a contract amount of about 188 million yuan.

(Source: "Hunan Construction Engineering Group Co., Ltd." WeChat public account)

Economic and trade morning bus | Thursday, February 17, 2022

Sai Ding Project: Signed the first large-scale coking project in Mongolia

Recently, Sai Ding Engineering Co., Ltd. and Mongolia Coal Co., Ltd. officially signed the EPC general contracting cooperation agreement for 3 million tons / year coal washing and 600,000 tons / year coking project in Mongolia. The project is the first large-scale coking project in Mongolia.

(Source: "Sai Ding Engineering Co., Ltd." WeChat public account)

Economic and trade morning bus | Thursday, February 17, 2022
Economic and trade morning bus | Thursday, February 17, 2022

The Chinese Embassy in Senegal has not authorized individuals or institutions to organize charter flights back to China

Recently, the Chinese Embassy in Senegal issued a reminder saying that the Embassy in Cyprus has not authorized any individual or institution to organize charter flights, and has not received any reports of Chinese-funded enterprises organizing charter flights in Cyprus.

(Source: "Chinese Embassy in Senegal" WeChat public account)

Economic and trade morning bus | Thursday, February 17, 2022

The Japanese government intends to reduce the entry quarantine time to 3 days

According to Japan's "Yomiuri Shimbun" reported on February 16, the Japanese government is scheduled to relax immigration control measures from March, reducing the quarantine time of inbound tourists from countries or regions with low and medium infection to three days at home or in hotels; the number of daily arrivals will be raised to 5,000.

(Source: Overseas Network)

Economic and trade morning bus | Thursday, February 17, 2022

The 10th China "Urban Minerals" Expo

When: June 15-17

Venue: China International Exhibition Center - Old Hall

Contents: Intelligent garbage recycling and classification, hazardous waste treatment, soil remediation, environmental monitoring system, etc

Official website: www.um-expo.cn

Exhibitor contact: 010-83940708

The 22nd China International Power & Electrical Equipment & Smart Grid Exhibition

Venue: Shanghai New International Expo Centre

Contents: Intelligent power, intelligent management of electricity consumption, transmission and distribution and control equipment, clean and renewable energy power generation, energy storage systems, etc

Official website: www.china-epower.cn

Exhibitor contact information: 021-34689736

Hot Spot Information

1. Preview of TRADE PROMOTION Activities (February 22)

2. Highlights of the week's local and industry CCPIT news

3. China Chamber of International Commerce obtained special consultative status with the United Nations Economic and Social Council

4. CCTV's self-made Chinese New Year film "Together to the Future" met with tourists at the China Pavilion of the Dubai World Expo

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