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IW Survey: Many industries expect upswing in 2021
Following the deep recession caused by the coronavirus pandemic, many industry associations expect strong growth next year. However, the German Economic Institute (IW/Cologne), which is close to employers, estimates that not all sectors will see sufficient growth to return to pre-crisis levels.
July02,2020
IW Cologne: Bavaria second best industrial location behind US
According to a new study, the southern German state of Bavaria is the second best location for industrial companies internationally after the United States.
August18,2020
Traditional banks usher in smart transformation by cutting branches and closing ATMs
Traditional banks have embarked on the path of smart transformation. The used-to-be-everywhere physical branches are slimming away, along with roadside ATMs. But such offline to online banking transformation encounter difficulties as well during the process.
October22,2020
Study: Germany's employer sick pay costs hit €82 billion in 2024
Rising sickness rates and higher employment have pushed German employers' spending on ill employees to around €82 billion ($96 billion) in 2024, up €10 billion in three years, according to the Cologne-based German Economic Institute (IW).
August25,2025
Foreign visitors experience China's improved mobile payment environment over Spring Festival
Foreign visitors in China experienced a smoother, more convenient travel environment during this year's Spring Festival, thanks to improvements to the country's mobile payment systems.
February07,2025
Across China: China rides new wave of inbound cruise tourism as visa-free travel gains steam
China's coastal cities are witnessing a renewed wave of international cruise tourism, fueled by relaxed visa policies and improved accessibility for foreign travelers.
April17,2025
China rides new wave of inbound cruise tourism as visa-free travel gains steam
China's coastal cities are witnessing a renewed wave of international cruise tourism, fueled by relaxed visa policies and improved accessibility for foreign travelers.
April18,2025
Beijing airports enhance payment facilities for foreigners
Beijing Capital International Airport and Beijing Daxing International Airport have created a more convenient payment experience for foreign visitors.
February06,2024
Payment service center for international travelers opens at Kunming airport in SW China
A payment service center was initiated at Changshui International Airport in Kunming on Wednesday, offering immediate assistance to overseas visitors as soon as they step off the plane. Kunming is a highly popular tourist destination in southwest China's Yunnan Province.
April11,2024
China's business environment, market draw more German investments
Philipp Kortüm, Chief Financial Officer of TÜV Rheinland, a renowned German testing and certification service provider, was astounded by the swift completion of its Phase II laboratory in Taicang, a county-level city in east China's Jiangsu Province.
September02,2024
China Focus: China's new materials forge ahead with innovation, application
Limestone, ubiquitous in the Earth's crust, has been transformed into an innovative nanomaterial at facilities in north China to support a diverse array of industries with lower carbon emissions.
July31,2024
Belt and Road Weekly Vol.9 No.6
This issue tells the growth momentum of China's shipbuilding industry in 2023 and how BSE-listed firms make strong start with increased investment, expanded markets and stable production.
February22,2024
Chinese yuan strengthens in August
Chinese yuan strengthened against a basket of currencies in August, according to the China Foreign Exchange Trade System (CFETS).
September07,2023
Experts: German hydrogen industry falling behind competitors
German industry is losing ground to competitors from China when it comes to the future-orientated market for electrolysis equipment for the hydrogen economy, according to newly released figures from the Institute of the German Economy (IW).
February01,2023
Chinese tourists' spending in Singapore on UnionPay jumps almost 3 times during Chinese Lunar New Year holiday
During the 2023 Chinese Lunar New Year period from Jan. 21 to Jan. 30, UnionPay purchase volumes from Chinese tourists in Singapore jumped close to three times compared to the same period in 2022, a company statement said on Monday.
February07,2023
Feature: Chinese entrepreneurs seek larger presence in Kenyan market as economic ties blossom
When China Trade Week opened its doors to the public Wednesday in the Kenyan capital of Nairobi, Liao Xuhui, the chairman of Amanbo, engaged in a friendly conversation with local merchants keen to learn about the nitty-gritty of importing products from the Asian nation.
November17,2023
New Opportunities of China-Laos Economic and Trade Cooperation in New Era
The report mainly presents the fruitful results achieved in bilateral economic and trade cooperation, the key cooperation construction projects between the two countries, and the vast opportunities for bilateral cooperation in the future.
December08,2023
Chinese-built Air Traffic Management System project near completion in South Sudan
South Sudan is revamping its necessary aviation infrastructure across the country in order to fully manage and control its airspace thanks to the contractor, China Harbor Engineering Company (CHEC) Limited.
January13,2022
Chinese companies bring new technologies to make life smoother in Cuba
After playing a pioneering role in Cuba, Chinese companies are showcasing their advanced technologies at the 17th International Convention and Fair in Havana.
March23,2018
German economy enters new year with curbed optimism
Economic optimism in Germany is slipping in light of international trade conflicts and a cooling global economy.
December29,2018
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