20200621 China News
Source: | Author:eacham | Published time: 2020-06-21 | 609 Views | Share:

China's electricity consumption, a key barometer of economic activity, rose 4.6 percent in May as the impact of the novel coronavirus waned, data from the National Energy Administration (NEA) showed Friday.


To implement phase one trade deal requires China and the United States to create conditions and remove obstructions, WeChat account Taoran Biji said in a commentary on Friday. 

Chinese e-commerce giant JD, which first launched the June 18 shopping carnival, reported that its sales during the 18-day period reached a staggering 269.2 billion yuan ($38 billion), an increase of 33.6 percent compared with 201.5 billion yuan a year ago, as buyers swarmed the e-commerce giant's online bazaars.

Huawei (Suzhou) Artificial Intelligence Innovation Center, co-founded by Huawei and Suzhou Industrial Park (SIP) in August last year, was revealed to public for the first on Friday in Suzhou.

To further help Hubei province－the hardest hit region during the COVID-19 outbreak in China－centrally administrated State-owned enterprises signed 34 contracts for 72 major projects with the province earlier this month, according to the State-owned Assets Supervision and Administration Commission of the State Council.

Compiled by China Media Group, the 2019 annual business environment report evaluated 36 Chinese cities, namely four municipalities, 27 provincial-level capitals, and five other large cities on such indicators as infrastructures, human resources, financial service, governance environment and innovation.

Major foreign media outlets expressed positive anticipation towards Chinese recovery despite the COVID-19 pandemic constrains global economy, as China's multiple indicators post significant rebound after work and production resume in recent few months.


Source：Globaltimes, Xinhuanet, Chinadaily, Shine, Gdtoday，China Plus News

Author: Producer Emilio Mendez

Speaker: Caroline Parraguez

Edition: EAcham

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