NEVs, digital economy and energy electronics likely to get policy fillip

The rapid progress of digital transformation during the Covid-19 pandemic has set the agenda for businesses looking to become future players in a hyperconnected ecosystem. Data, generated from every interaction, has never been more important in terms of planning and goal‑setting, benchmarking, evaluation and assessment.

New data in AIIB’s Asian Infrastructure Finance 2022 report reveals scale of state capacity and collective global effort needed to accelerate net zero transition.

China has renewed its policy support for the new-energy vehicle (NEV) sector, a move that experts believe will further fuel an industry that is already in the fast lane.

The new energy vehicle (NEV) output of east China's Jiangsu Province hit a record high in the first seven months of 2022, surpassing the total NEV output of the economic powerhouse last year, local authorities said.

Hong Kong's economy is on course to contract in the first quarter of 2022, breaking a four-quarter run of recovery, but confidence in the economy remains, said Paul Chan Mo-po, Hong Kong Special Administrative Region (HKSAR) Financial Secretary, on Mar.27.

The International Monetary Fund (IMF) on Tuesday warned that financial vulnerabilities have continued to rise since the COVID-19 pandemic's outbreak, which could create headwinds to the uneven global economic recovery.