China inactive Attractive
Over the first 2 months of this year, abroad investments in the mediate State increased by 1% y/y ($39.71 billion, approx. PLN 175 billion).1 32% of these investments went to the advanced technology sector. Their main objectives were projects located in the east provinces of the country.
For comparison: approx. USD 4 billion abroad investment.
Source:
1 http://finance.people.com.cn/
New export hit
As shown by data from the Chinese customs administration in 2022, the export hit of the PRC was PV panels and components for the production of specified panels. Their exports increased by 80.3% y/y.1 In total, products worth $51.25 billion (about PLN 225.57 billion) were exported from this freight group. Export of finished panels to Europe increased rapidly (by 114.9%). In turn, components for the production of panels were most frequently sent to Asian countries.
The largest European importers of Chinese solar panels in 2022 were: Spain, Germany, the Netherlands, Poland and Portugal.
Source:
Renewable energy
Last year, a quantity of energy was produced in China from renewable sources (wind and sun) covering almost the needs of all Chinese households. According to the State Energy Administration (国家能源局), the full power of renewable energy sources increased in China last year by 21%, and in the full country's energy mix it presently accounts for 17%.1 By 2025, her share is expected to emergence to... 33%.
Source:
Inflation down
In February, inflation in China fell again.1 Consumer prices (CPI) increased on average by 1% erstwhile they were 2% higher in January compared to January 2022. Another deflation signal (-0.5%) is observed in the period to period ratio. The first specified was recorded in November and December 2022. So there is simply a dilemma, whether to keep inflation in check or to take action for its slight release. The planet is struggling with inflation, China is facing deflation.
During the same period (November 2022 – February 2023), maker prices (PPI) stay stable. request is improving, procurement is expanding and the prices of basic natural materials either stay at certain levels or fall.
Source:
1 http://www.stats.gov.cn/tjsj/sjjd/202303/t20230309_1936941.html
Data of the State Statistical Office (国家统计局)
Research and improvement
For investigation and improvement (R&D) last year was spent in China over 3,09 trillion RMB (approx. PLN 1,95 trillion), which represented around 2.55% of national GDP. In the field of R & D, more than 6 million people were employed in 400,000 advanced technology companies.1 These are the largest investigation and improvement staff in the world.
R & D expenditure in billion U$D made by the United States, EU, Japan, South Korea, large Britain and China from 1980 to 2018Source:
All roads lead...
At the end of 2022 the full dimension of the railway lines in China was 155,000 km, including 42,000 high-speed railways (up to 350 km/h).1
High-speed rail network between 2008 and 2020The dimension of motorways and expressways was 5.35 million km. Last year, China had 21,000 ports (sea and river) and 254 civilian airports. 90.2% of the Chinese population lives within 100 km of the operating passenger airport. 95% of the village has road connections. There are metro lines in 53 cities in the PRC.
Source:
1 https://www.msn.cn/zh-cn/news
Short videos online
The latest data from the China net Network Information Center (中国互联网络信息中心) indicates that at the end of December 2022 the number of viewers in China short videos exceeded 1 billion people.1
Source:
1 https://www.163.com/dy/article/HUT8RONK05118I96.html
What does the spokesperson say?1
- on Honduras's readiness to establish diplomatic relations with China and break up with Taiwan We welcome the message of the Honduras authorities with joy. This is the right choice. We are ready to normalise diplomatic relations with Honduras and take part in the improvement of this country. China maintains diplomatic relations with 181 countries of the planet based on the rule of the existence of 1 China. Taiwan does not have a “Ministry of abroad Affairs” but only a department liable for abroad affairs of Taiwan Province. The rule of 1 China is simply a political foundation and a prerequisite for establishing diplomatic relations between China and any another country in the world. In fresh years, relations with China have developed among others: Panama, El Salvador, Dominican Republic, and Nicaragua.2
- on president Biden's "second summit of democratic leaders" “This is fundamentally an anti-democratic summit, due to the fact that it divides the planet alternatively of connecting. It becomes a farce that destroys the spirit of democracy and full reveals the essence of “false democracy and actual hegemony” of the United States.
- on the construction of atomic submarines by the United States, large Britain and Australia “China is seriously afraid about this agreement. Cooperation between 3 countries on atomic submarines poses a serious hazard of atomic proliferation, violates the principles of the global atomic non-proliferation system. It will lead to an arms race in the Asia-Pacific area. The global Atomic Organisation does not have a unilateral right without the consent of its members to let specified tripartite cooperation. specified an agreement requires the consent of the full global community. China calls for a review of the US, large Britain and Australia.
- Japan's "serious violation" of Chinese sovereignty – DiaoYu Islands (chin.钓鱼, nipponese name Senkaku) and the adjacent archipelago are part of the territory of China. nipponese yachts and fishing boats illegally invaded China's territorial waters instigated by organizers from right-wing nipponese political organizations. This was a serious violation of Chinese sovereignty. The Chinese coastguard units operating here have taken legal action and have taken reasonable measures to defend the sovereignty of the country.3
Source:
2 With Taiwan, diplomatic relations are maintained by 13 countries from Latin America and the Pacific and Oceania. Only the Vatican in Europe.
3 China and Japan have been arguing over these deserted islands in the East China Sea for years. Both countries recognise the area surrounding these islands as their own territorial waters.
Author: 梁安基 Andrzej Z. Liang, 上海 Shanghai, 中国 China
Email: [email protected]
Editorial: Leszek B.
Email: [email protected]
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