China pays more attention to development quality rather than quantity According to a report on the German "Business Daily" website on March 6, the Chinese government has set a relatively modest target for this year's economic growth: more than 6%. Considering the current global crisis, this growth rate appears to be very high. The report said [...]
According to Japan’s Asahi Shimbun, on the 3rd, the Japanese government, the Tokyo Metropolitan Government, the Tokyo Olympics Organizing Committee, the International Olympic Committee (IOC) and the International Paralympic Committee (IPC) held five-party consultations. The Tokyo Olympic Organizing Committee Chairman Seiko Hashimoto said that before March 25, a decision will be made on whether to accept [...]
The China-EU Geographical Indications Agreement officially entered into force today (March 1). The agreement is the first comprehensive and high-level geographical indication agreement signed by China with foreign companies. The entry into force of the agreement will further strengthen China-EU economic and trade cooperation and benefit consumers and businesses on both sides. What is a "geographical [...]
The innovation practices of Japanese companies in recent years can be summarized into four characteristics. The first is the transformation of the business model, from closed to open, from emphasizing "big and complete" to emphasizing core competitiveness. For example, Panasonic has compressed businesses with a profit margin of less than 5%, while Sony and Toshiba have [...]
The chip shortage problem that appeared in 2020 has not yet been alleviated, and its scope of influence is no longer limited to the automotive industry. For the world's important chip suppliers, facing this situation can also be described as mixed. From the demand side, many famous automobile manufacturers such as Ford, Volkswagen, Toyota, Renault, Stellattis, [...]