China’s 2020 Foreign Investment inflow expected to hit record high

China's 2020 FDI inflow expected to hit record high [CGTN]
China’s 2020 FDI inflow expected to hit record high [CGTN]
CGTN | 28-Dec-2020

Foreign direct investment (FDI) into the Chinese mainland, in actual use, is tipped to hit a record high by surpassing the $140 billion mark, the Ministry of Commerce (MOFCOM) said Friday. Preliminary estimates indicate the second-largest economy’s FDI inflow will reach roughly $690 billion during the 13th Five-Year Plan period (2016-2020), outweighing $60 billion earned during the 12th Five-Year Plan period (2011-2015), MOFCOM said. Continue reading “China’s 2020 Foreign Investment inflow expected to hit record high”

Chinese Costume dramas gain more popularity overseas

Nothing but Thirty [Photo provided to China Daily]
Nothing but Thirty [Photo provided to China Daily]
China Daily | 27-Dec-2020 | By Xu Fan

Have Chinese audiences on average spent more time watching entertainment content online in this uncommon year when the battle against COVID-19 is still being fought? In the latest annual report released by Tencent Video, one of the largest streaming sites in China, the answer is yes. An average consumer has spent 133.9 minutes each day watching TV dramas, a 10 percent increase compared to last year, according to the report. Continue reading “Chinese Costume dramas gain more popularity overseas”