Chinese cities turn to innovation as engine for development

China’s journey to claim the title of the world’s second-largest economy has relied on low-level industries and manufacturing. Going forward, innovation will take the lead. Subscribe to us on YouTube: https://goo.gl/lP12gA Download our APP on Apple Store (iOS): https://itunes.apple.com/us/app/cctvnews-app/id922456579?l=zh&ls=1&mt=8 Download our APP on Google Play (Android): https://play.google.com/store/apps/details?id=com.imib.cctv Follow us on: Website: https://www.cgtn.com/ Facebook: https://www.facebook.com/ChinaGlobalTVNetwork/ Twitter: … Read more Chinese cities turn to innovation as engine for development

Macron Pledges New Autos Stimulus

May.27 — French President Emmanuel Macron unveiled a raft of measures aimed at reviving his country’s struggling car industry and drawing manufacturing back to local factories. Macron called the roughly 8 billion-euro package an historic plan to confront an historic situation. Bloomberg’s Ania Nussbaum reports on “Bloomberg Markets: European Open.”

ABB sees China among top options for foreign investment

Swiss industrial giant ABB established its first manufacturing joint venture in China in 1992. Since then, it has invested more than 2.4 billion U.S. dollars in the country. Zhang Zhiqiang, managing director of ABB China told CGTN that the coronavirus pandemic hasn’t shaken up the company’s confidence in China, and it will continue its investment. … Read more ABB sees China among top options for foreign investment

Cuomo: Opening New York City Is Up to Me, Not De Blasio

New York City’s mayor unveiled a new set of data thresholds Friday to help determine when to loosen restrictions imposed during the coronavirus pandemic, but his frequent political sparring partner, Gov. Andrew Cuomo, later said it will be up to the state, not the city, to make those decisions. “No local official can open or … Read more Cuomo: Opening New York City Is Up to Me, Not De Blasio

China Abandons Numerical GDP Target on ‘Great Uncertainty’ From Covid-19

China reiterated a pledge to implement the first phase of its trade deal with the U.S. despite setbacks from the coronavirus outbreak, and as tensions escalate between the world’s two biggest economies. “We will work with the United States to implement the phase one China-U.S. economic and trade agreement,” Premier Li Keqiang told an annual … Read more China Abandons Numerical GDP Target on ‘Great Uncertainty’ From Covid-19

Can Trump win over battleground states, amid Covid19 and rising unemployment? – BBC Newsnight

With almost a quarter of the US workforce having filed for unemployment since mid-March, President Trump is desperate to get the country working in time for the election. Subscribe to our channel here: https://goo.gl/31Q53F Almost 40m Americans have sought unemployment benefits since the beginning of the coronavirus pandemic in mid-March 2020. Although all 50 states in … Read more Can Trump win over battleground states, amid Covid19 and rising unemployment? – BBC Newsnight

Michigan AG warns Trump to wear a mask to visit Ford plant

Michigan’s attorney general is warning President Donald Trump to follow health guidelines and wear a mask during his visit to a Ford manufacturing plant. “We are just asking that President Trump comply with the law of our state, just as we would make the same request of anyone else in those plants,” Dana Nessel, a … Read more Michigan AG warns Trump to wear a mask to visit Ford plant

WATCH: Trump speaks to reporters en route to Detroit

Trump speaks to reporters en route to Detroit. Ahead of President Trump’s trip Thursday to a Ford manufacturing plant in Michigan, the state’s attorney general said if the president does not wear a face mask during his tour, he will be asked not to return to similar facilities. Read more: https://wapo.st/3bKM1Hi. SPECIAL OFFER: To thank … Read more WATCH: Trump speaks to reporters en route to Detroit

Gas industry-led COVID-19 recovery commission calls for subsidised gas industry expansion | ABC News

A leaked report from the Prime Minister’s COVID-19 commission is calling for the Australian taxpayer to subsidise the expansion of the gas industry. The push has come under fire, because the commission is heavy with business leaders from the gas industry, who want ‘red and green tape’ cut to fast-track new projects. Read more here: … Read more Gas industry-led COVID-19 recovery commission calls for subsidised gas industry expansion | ABC News

U.K. to Invest in New Vaccine Manufacturing Factory

May.21 — U.K. Conservative MP and House of Commons Science & Technology Committee Chair Greg Clark discusses AstraZeneca getting $1 billion to make a vaccine for coronavirus, the possibility of a vaccine and how the U.K. has handled the crisis so far. He speaks on “Bloomberg Markets: European Open.”

Entering the New Era of Globalization

Former Chief Scientist of Xerox Corporation John Seely Brown is interviewed by instructor Ernestine Fu. The two discuss entering a new era of globalization with technological, economic, and sociological change. Topics include how society will change due to new emerging technologies, navigating a white water world, adapting to disruption, understanding national state powers and global … Read more Entering the New Era of Globalization

Breached Dams, Flooding in Midland, Michigan Threaten Dow Chemical Complex

Dow Chemical activated its emergency operations center after rising waters caused river dams to break in Michigan. President Donald Trump said he’s sending federal emergency workers to Midland, Michigan, where dam failures have flooded a Dow Inc. chemical complex and homes in a disaster that may force the evacuation of more than 10,000 people. After … Read more Breached Dams, Flooding in Midland, Michigan Threaten Dow Chemical Complex

Michigan Gov. Gretchen Whitmer: Dam Failures Are a ‘500-Year Event’

President Donald Trump said he’s sending federal emergency workers to Midland, Michigan, where dam failures have flooded a Dow Inc. chemical complex and homes in a disaster that may force the evacuation of more than 10,000 people. After two days of heavy rainfall, water from Lake Wixom breached one dam yesterday evening and then another … Read more Michigan Gov. Gretchen Whitmer: Dam Failures Are a ‘500-Year Event’

Rolls-Royce to cut 9,000 jobs in Covid-19 downturn

Rolls-Royce plans to axe at least 9,000 jobs – almost a fifth of its workforce – as it grapples with an “unprecedented” slump in demand caused by the coronavirus pandemic. Chief executive Warren East warned that most of the cuts could fall in the UK as it embarks on a “major reorganisation”. The FTSE 100 … Read more Rolls-Royce to cut 9,000 jobs in Covid-19 downturn