AI-generated summary
The Chinese Ministry of Commerce communicates with European companies through the roundtable mechanism to promote bilateral economic and trade cooperation. Currently, there is a need for consultation between China and the EU in the economic and trade field to manage differences and enhance the certainty of cooperation.
China News Service, Brussels, November 13 (Reporter De Yongjian) The "Invest in China" roundtable for enterprises from Belgium, the Netherlands, and Luxembourg was held in Brussels on the 13th. Ling Ji, China's Vice Minister of Commerce and Deputy Representative for International Trade Negotiations, chaired the meeting. Representatives from nearly 30 Benelux companies including Philips, Solvay, ArcelorMittal, and business associations such as the Belgium-China Economic and Trade Committee attended the meeting.
Ling Ji said that China's long-term stable economic development and continuous improvement of the business environment have provided precious certainty to foreign-invested enterprises. The current intelligent, green, and integrated development of China's manufacturing industry is accelerating, creating a huge new incremental market for multinational companies to invest in China and deepen their cultivation in China.
Ling Ji emphasized that China insists on carrying out dialogue and consultation with the EU and properly managing differences to maintain the stable development of China-EU economic and trade relations and enhance certainty for cooperation between enterprises of both sides. Benelux companies are welcome to combine their technological advantages in fine chemicals, biomedicine, high-end materials, green and low-carbon and other fields with China's production and supply chain, innovation ecology, etc., and achieve mutual success in cooperation.
Representatives from Benelux enterprises and business associations such as the Belgium-China Economic and Trade Committee who attended the meeting said that the Chinese market has huge potential and complete industrial supporting facilities, making it an important pivot for multinational companies' global layout. We are willing to continue to delve into the Chinese market and look forward to maintaining the stability and sustainable development of economic and trade cooperation between Europe and China through dialogue.

Huang Renxun, co-founder of Huida, announced his resignation due to personal troubles, which shocked the world. Senior media person Akio Yaita analyzed that this incident may have three major negative impacts on Taiwan: censorship of the technology supply chain, obstruction of global AI development, and Taiwan losing an important international technology spokesperson.
Due to the popularity of the variety show "Later Friendship Period", Wenzhou duck tongue's recent order volume has soared 1,443% month-on-month. Wenzhou is a major duck tongue industry town with an annual output of over 12,000 tons. Facing sudden traffic, local companies are trying to turn short-term popularity into long-term urban food brand competitiveness by strictly controlling quality and developing younger products.

"Süddeutsche Zeitung" commented that Nvidia CEO Huang Jensen's stance against the US's chip export controls to China is correct. Although the ban caused losses to Nvidia, it failed to completely cut off China's access to chips. Instead, it prompted China to accelerate the development of local alternatives and strengthen its determination to become technologically independent.

Fan Waner, economic adviser to the Hong Kong SAR government, announced that driven by the growth of foreign trade and solid domestic demand, Hong Kong's real GDP will grow by 5.2% year-on-year in the third quarter of 2026, and the full-year growth forecast will be raised to 4.8%, the fastest growth rate for the same period in five years.
South Korea’s Ministry of Finance and Economy released a report on the 13th, stating that South Korea’s economy has maintained steady growth thanks to the substantial growth in exports. GDP increased by 1.0% month-on-month in the third quarter, and exports surged 93.7% year-on-year in October. The government expects full-year exports to exceed US$1 trillion, but points out that uncertainties such as high oil prices and people's livelihood burdens still exist.

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