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Gladtrust™ assists its customers in credit checking of global companies by providing quality international credit reports. We can provide reports of companies from 230+ countries of the world. Gladtrust™ assigns local teams to gain an in-depth understanding of the company and give a comprehensive assessment of business risks. We aim to help global customers with safe transactions.
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Transforming Bidding with Enterprise Credit Reports
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The diversification of export led by service industry promotes the development of service trade
Services have become a driving force shaping the economic landscape of countries at all levels of development. They account for the largest share of global economic activity, generate more than two-thirds of gross domestic product, employ the largest number of workers, and are the source of the largest number of new jobs, especially for women and young workers. At the same time, trade in services has become a key element of growth strategies, becoming the most dynamic component of global trade in recent years and creating higher value-added jobs.
The COVID-19 pandemic has accelerated the growth of digital services, and travel services have been hit hard. Modern services such as information and communications technology and business services now account for a growing share of developing economies' exports, helping these countries capture a growing share of world exports.
Trade in services has a significant and multifaceted impact on development. Services provide a direct route for developing economies to export more than just a limited number of products and goods. Service-led export diversification can also enhance resilience by reducing the risk of commodity price volatility.
Improved access to high-quality modern services is also essential to the functioning of cross-border production networks and underpins productivity gains across the economy. The role of trade facilitation services as intermediate inputs is a key determinant of improved export performance in other sectors such as manufacturing and agriculture.
The above content is reprinted on the official website of Gladtrust: https://www.gladtrust-reports.com
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The Chinese government has strengthened the confidence of private enterprises in developing credit economy
A strong signal that China will further step up support for private enterprises and the economy is expected to boost market confidence and drive economic growth in the second half of the year amid downward pressure on the domestic economy, industry experts said. Private investment has seen negative growth in recent months, and private enterprises are an important engine of economic growth and must boost confidence.
Private investment fell 0.1 percent year on year in the January-May period, while total profits of major private enterprises fell 21.3 percent year on year, according to the National Bureau of Statistics. "If the private sector shrinks further, the decline in the national economy could accelerate," he said. "Therefore, the government should adjust the regulatory policy to make it more certain." The private economy has also become the driving force for national innovation and development. Private enterprises contribute about 50 percent of the country's tax revenue, 60 percent of GDP and 70 percent of technological innovation.
Since the beginning of July, a number of ministries or minister-level units such as the National Development and Reform Commission, the Ministry of Commerce, the Ministry of Industry and Information Technology, and the Ministry of Science and Technology have held symposiums with private enterprises. The NDRC held two such meetings in seven days. It focuses on the current operating conditions and bottlenecks faced by private enterprises, views on macroeconomic policies, and suggestions for future development and policy support. Zhu Keli, founding director of the China New Economic Research Institute, said that the intensive meetings with private enterprises show that the central government is building a normal communication mechanism between government and enterprises and is taking practical measures to support private enterprises. "This is a policy to deal with the increasing downward pressure on economic growth and will greatly boost the investment confidence of private enterprises, which are the main driving force of the economy," he said.
"Understanding the real demands and concerns of private enterprises is also important to ensure that the upcoming new policies can be formulated in a targeted way and implemented effectively." Zhu added. According to the latest data from the State Administration for Market Regulation, the number of registered private enterprises exceeded 50.93 million by the end of May, and the proportion of private enterprises in the total number of enterprises in the country increased from 79.4 percent to 92.4 percent. A report by Citic Securities said it has become routine for The State Council to hold meetings or symposia with industry experts and corporate executives in April, July and November to discuss the economic situation.
Post source: https://www.gladtrust-reports.com
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China company business credit report
#China
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This is Gladtrust Management Co., Ltd., welcome to a new era of excelle...
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Established in 2006, Gladtrust™ is positioned as a leading global comprehensive credit management service institution. In 2014, Gladtrust™ was one of the first credit agencies to obtain the Credit Reference License issued by the People's Bank of China. It is currently the credit reporting company with the largest market share in China. Gladtrust™ is a national high-tech enterprise, a national technology-based enterprise, and the only company in China that simultaneously holds the four credit qualifications of the National Development and Reform Commission/National Public Information Center.
Gladtrust™ focuses on big data credit and global credit management services, widely adopting advanced technologies such as Big Data, and building a one-stop cross-border credit digital service platform supported by global enterprise credit databases, providing credit management services for 230 countries and regions worldwide. The global intellectual property database covers credit information of over 220 million domestic enterprises and over 300 million global enterprises. The company's business covers three major sectors: enterprise services, government services, and financial services. Gladtrust™ has obtained over 70 intellectual property rights.
Headquartered in Qingdao, with multiple subsidiaries across China including Beijing, Shanghai, Hong Kong, etc. Gladtrust™ has a wide range of products and services, with customers covering over 60 fields, such as finance, insurance, IT electronics, pharmaceuticals, and energy. Covering over 60% of the industries in the industry code category table, with customers coming from over 60 countries, and occupying an absolute market share in the domestic and international credit insurance field, it is the unique supplier of leading credit insurance companies.
Gladtrust™ is committed to improving the credit management level of Chinese enterprises, continuously disseminating practical experience in credit risk management and advanced credit digital management technology to enterprises, adhering to focusing on meaningful things, and helping to form a commercial ecological civilization that "Make global business more successful".
Business credit reports supplier
#China Company # Business Service
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China's economy remains a driver of global growth
China's manufacturing purchasing managers' index rose to 49 in June from 48.8 in May, the latest data from the National Bureau of Statistics showed, ending three straight months of decline and another encouraging sign of economic recovery. According to this year's government Work Report, China aims for economic growth of around 5 percent by 2023. China's GDP grew 4.5 percent year on year to 28.5 trillion yuan ($3.97 trillion) in the first quarter of 2023, official data showed. Faced with domestic and international challenges such as weak domestic demand and geopolitical risks, the government has stepped up efforts to boost economic growth. The central bank has cut the one-year interest rate on the medium-term lending facility, a tool to add liquidity to the banking system, by 10 basis points to 2.65 percent. About 237 billion yuan ($33.15 billion) was injected into the market through the operation. We will reduce financing costs for enterprises and increase loans to small and micro businesses. Industries dedicated to technological innovation or key industrial chains will enjoy tailor-made tax and fee cuts, and small taxpayers with monthly sales of less than 100,000 yuan ($13,880) will be exempt from VAT by the end of this year.
#business credit reports
business credit reports supplier
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