Photo: AFP/Cfoto
Eurasia
22/01/2024 13:51
The total value-added industrial output went up 4.6 percent year-on-year in 2023, up 1 percentage point from that of 2022, Xin said.
By the end of November last year, the number of large industrial enterprises reached 483,000, up 32,000 from that at the end of 2022, he added.
As Washington aims to decrease its trade deficit and strengthen domestic production, global value chains are facing new pressures to restructure. This change poses significant challenges for both European and Chinese producers as the flow of decade-long input and final good channels is disrupted. Is this a new opportunity for the two economic zones to further strengthen their relationship thereby mitigating some of the negative effects of US trade policy?
For the first time, a Hungary–New Zealand Business Forum was held in Budapest in late May, organised by the Hungarian Export Promotion Agency (HEPA). On the margins of the event, Eurasia spoke with Simon Bridges, CEO of the Auckland Business Chamber.