
AI-generated summary
Bilateral exchanges between Finland and China have been active in recent years, and the CIFIT has provided an excellent platform for Finnish and Chinese enterprises to help both parties establish contacts, explore new opportunities and achieve tangible results.
China News Service, Xiamen, September 6 (Wu Guanbiao, Chen Yue) Li Yenna, Counselor for Public Diplomacy and Communications of the Embassy of Finland in China, said on the 6th that bilateral exchanges between Finland and China have been active in recent years, and the 26th China International Fair for Investment and Trade (referred to as the "CIFIT") has built an excellent platform for Finnish and Chinese enterprises to help both parties establish contacts, explore new opportunities and achieve tangible results.
This CIFIT will be held in Xiamen from September 8th to 11th, with Finland and Saudi Arabia serving as the guest countries. On the afternoon of the 6th, the CIFIT press conference was held in Xiamen.
On September 6, the press conference of the 26th CIFIT was held in Xiamen. The picture shows Li Yanna, Counselor for Public Diplomacy and Communications at the Embassy of Finland in China. Photo by Chen Yue
Li Yanna said that Finnish Minister of Economic Affairs Sakari Puisto will lead a Finnish business delegation to attend this CIFIT, covering areas such as circular economy, health and well-being, energy transformation, digital innovation and advanced manufacturing. "We will actively promote cooperation in the three major areas of sustainable development, health and well-being, and digitalization."
With the theme of "Finland, the intersection of Nordic nature and innovation", the Finnish National Pavilion focuses on three aspects: circular economy and energy transformation, intelligent manufacturing and industrial digitalization, and healthy living and education innovation, showcasing industrial advantages and solutions. This is the first time that Finland has participated in the CIFIT as a national pavilion.
At this CIFIT, China-Finland Economic and Trade Cooperation and Exchange Events, Qinghai-Europe (Finland) Economic and Trade Cooperation and Exchange Forum, China (Fujian)-Finland Economic and Trade Cooperation and Exchange Meeting, China (Guangdong)-Finland Economic and Trade Cooperation and Exchange Meeting, etc. will be held to promote the continued warming of China-Finland economic and trade cooperation.
"Finnish companies are active across China and look forward to cooperating with all professional and international Chinese partners who value innovation, sustainable development and fair competition. We also support China in further opening up its market and creating more opportunities for Chinese and foreign companies," said Li Yanna. (over)
AI outlook — possibilities, not facts
Finland-China economic and trade cooperation will make new progress in the fields of circular economy, health and well-being, and digital innovation
Likely · Within months

At the 3C Computer, Electrical, Air-Conditioning and Audiovisual Exhibition in Taipei, mainland brand AI air conditioners, projectors, sweeping robots and other home appliances were sold well. Taiwanese consumers favored their cost-effectiveness rather than their price advantage alone. Brands such as Gree, Hisense, and Joyoung have gradually gained a foothold in the Taiwan market through technological innovation and quality improvement, and some products have achieved rapid growth.

Eight central financial enterprises announced capital increase plans on the 6th, receiving a total of 360 billion yuan in capital replenishment, of which the Ministry of Finance directly contributed 300 billion yuan, covering banks and insurance institutions, aiming to preventively thicken capital buffers and improve their ability to serve the real economy and improve risk prevention and control.

The 10-year treasury bond yields of the United States, Japan, the United Kingdom, Germany and other countries have recently hit multi-year highs, reflecting that the global bond market is under greater selling pressure. Uncertainty about the Federal Reserve's policy is a direct factor. At the same time, technology giants are issuing bonds and competing for new debt from the U.S. Treasury Department for funds. Japan's withdrawal from negative interest rates has led to the return of funds. Analysts believe that short-term fluctuations may continue, but the impact on China's bond market will be limited.

With a record 12.7 million college graduates entering the workforce this year, China is facing the dual challenges of economic slowdown and AI technology upending the labor structure. The unemployment rate among young people aged 16 to 24 reached 17.9% in July. The Beijing authorities are concerned that high unemployment may trigger social and political unrest and have asked companies to limit layoffs.

Chinese tech giant Huawei is about to face a criminal trial in New York. US prosecutors charge Huawei with operating as a "racketeering enterprise" involved in stealing trade secrets, misleading banks, and violating sanctions against Iran and North Korea. If convicted, Huawei could face the largest corporate criminal fine in US history.

Norland College in the UK is famous for training elite nannies, and its graduates can earn an annual salary of 95,000 pounds. The school's courses include self-defense, defensive driving and cyber security. Graduates are extremely popular with royal families and celebrities, with each receiving an average of 7 job offers.