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News from China
China, Germany pledge to jointly protect free trade, world order
11th December 2018

 China and Germany on Monday agreed to join hands to safeguard free trade and the international order.

 
The agreement was made between Chinese Premier Li Keqiang and German President Frank-Walter Steinmeier, who is about to wrap up his six-day visit to China starting from December 5.
 
"China and Germany, as major world economies, are important cooperation partners to each other," Li said.
 
At present, the results of the fifth round of China-Germany intergovernmental consultations, held in Germany this July, are being implemented step by step.
 
"China will seize the opportunities and develop ties with Germany on the basis of mutual respect and equal-footed cooperation, so as to achieve mutually beneficial and win-win outcomes," Li said.
 
The Chinese premier noted that with continued efforts in opening-up and implementation of new measures, German enterprises in the areas of automobile, chemical industry and finance have become the first batch of beneficiaries.
 
China welcomes more German enterprises to expand investment in China and also hopes Germany will provide a fair business environment for Chinese investors and businessmen, Li added.
 
He also voiced his expectation of more people-to-people exchanges, which will help consolidate public support of China-Germany ties.
 
Stressing the importance of protecting multilateralism and the rule-based international order, Li called on both sides to stimulate vitality of global development and jointly push forward the world's economic and social progress.
 
For his part, Steinmeier said he has felt the tremendous vitality of China's economic development, as well as the increasingly closer people-to-people exchanges between Germany and China.
 
In the past few decades, as relations with China grew ever faster, Germany benefited from China's reform and opening-up, Steinmeier said, adding that his country stands ready to further expand trade and investment in China, boost bilateral dialogue, and jointly safeguard free trade and the existing international order.
Source: Shanghai Daily, December 11, 2018
China summons US, Canadian ambassadors to protest against Huawei senior executive's detention
10th December 2018

 Chinese  Vice Foreign Minister Le Yucheng summoned US Ambassador Terry Branstad and Canadian Ambassador John McCallum over the weekend.

 
Le made solemn representations and strong protests over the detention of Meng Wanzhou, Huawei Technologies’ chief financial officer, by the Canadian authorities.
 
Meng was detained while transferring flights in Vancouver, Canada, at the request of the United States.
 
What the United States has done severely violates a Chinese citizen’s legitimate rights and interests, and is vile in nature, Le said.
 
China firmly opposes the United States’ moves and strongly urges the US side to attach great importance to China’s solemn stance, take immediate measures to correct the wrong practices, and withdraw the arrest warrant against the Chinese citizen, he said.
 
“China will respond further according to the US side’s actions,” Le added.
 
China also strongly urges the Canadian government to immediately release Meng and effectively protect her legitimate rights and interests, he said.
 
Source: SHINE, December 10, 2018
China summons US, Canadian ambassadors to protest against Huawei senior executive's detention
10th December 2018

 Chinese  Vice Foreign Minister Le Yucheng summoned US Ambassador Terry Branstad and Canadian Ambassador John McCallum over the weekend.

 
Le made solemn representations and strong protests over the detention of Meng Wanzhou, Huawei Technologies’ chief financial officer, by the Canadian authorities.
 
Meng was detained while transferring flights in Vancouver, Canada, at the request of the United States.
 
What the United States has done severely violates a Chinese citizen’s legitimate rights and interests, and is vile in nature, Le said.
 
China firmly opposes the United States’ moves and strongly urges the US side to attach great importance to China’s solemn stance, take immediate measures to correct the wrong practices, and withdraw the arrest warrant against the Chinese citizen, he said.
 
“China will respond further according to the US side’s actions,” Le added.
 
China also strongly urges the Canadian government to immediately release Meng and effectively protect her legitimate rights and interests, he said.
 
Source: SHINE, December 10, 2018
Advertisers to increase digital marketing spend next year
7th December 2018

 Nearly 80 percent of advertisers intend to increase their digital marketing expenditure in the coming year, according to a recent survey by marketing data technology company AdMaster.  

 
The average anticipated budget increase from a year ago will be around 20 percent, compared to 18 percent and 17 percent over the past two years respectively. 
 
As many as 81 percent of advertisers specifically plan to spend more on social media platforms, higher than the 71 percent recorded in the past year, according to the online survey conducted between October and November this year. 
 
Mobile platforms will continue to gain traction, with 81 percent of respondents planning to increase an average of 21 percent of advertising budget in 2019, while spending on computer desktop websites will remain almost unchanged — only 11 percent of advertisers plan to increase spending there. 
 
Mobile social sites, video platforms and e-commerce apps will be favorable formats for mobile advertising, the survey pointed out. 
 
Smart TV sets and wearable and home electronic devices will also gain popularity as new advertising channels to target consumers who are increasingly versatile. 
 
Internet entertainment shows, reality shows and micro movies will be the major formats of content advertising, the report shows. 
Source: Shanghai Daily, December 8, 2018

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