BEIJING, April 8 (Xinhua) -- China has leveraged a variety of policies to offset downward economic pressure and address structural challenges, securing a robust start of this year with accelerated growth in retail sales, investment, and industrial output. China's retail sales of consumer goods ro...
BEIJING, April 8 (Xinhua) -- China has leveraged a variety of policies to offset downward economic pressure and address structural challenges, securing a robust start of this year with accelerated growth in retail sales, investment, and industrial output. China's retail sales of consumer goods ro...
But in terms of global consumer goods market, I think China is the most influential. The international consumer industry is really impacted by China. Some say their explosive growth is causing many product defects which may be harmful to consumers. Some are concerned with the perceived lack of ...
China has introduced guidelines to establish around ten high-level industrial parks to leverage the potential of the silver economy. Additionally, efforts are underway to develop innovative products like nursing and housekeeping robots. Meanwhile, China is actively promoting the sales of new energy vehic...
Business Economics Break-even (economics) What are economic profits at the short-run break-even price?Question:What are economic profits at the short-run break-even price?Fixed and Variable Cost:The fixed and variable costs refer to the types of costs that occur while manufacturing the produ...
uses depends on its level of technological advancement, population, trade relations with other societies, and level of natural resources. Three main types of economic systems exist in the modern world. Although students learn the three systems are capitalism, communism and socialism, this is ...
Services: Services are some of the easiest things to sell online. E-commerce services include tax and accounting, healthcare, legal services, and just about anything else imaginable. E-commerce can be a low-cost business to start Selling goods and services online can expand your customer base...
An economic bloc refers to a group of countries that mainly engage in the free trading of goods and services. In an economic bloc, there are more than... Learn more about this topic: International Trade Organizations and Trade Agreements ...
Economic utility is the totalamount of satisfactionsomeone experiences when they consume a particular product or service. There are four types of economic utility: form, time, place, and possession. These help measure how much fulfillment someone requires to satisfy a particular need or want. Compan...
In some cases, public goods are not fully non-rivalrous and non-excludable. For example, a town swimming pool is a public good, since it can be used by any resident, but using it might involve a nominal fee. Similarly, some goods are described as “quasi-public” goods because, althoug...