20200702 China News
Source: | Author:eacham | Published time: 2020-07-02 | 656 Views | Share:
Chicago-based United Airlines announced on Monday that it will resume flights to China following the temporary suspension of service in February due to the outbreak of COVID-19.

CR Vanguard tops the supermarket brands in China by sales of 95.1 billion yuan ($13.5 billion) in 2019, while Alibaba-owned retailer Freshhema witnessed the biggest jump in sales at 185.7 percent, according to the top 100 supermarket brands list released by the China Chain Store and Franchise Association on June 30, the Beijing News reported.

Airbus announced its largest layoff plan in history in response to the COVID-19 crisis, according to the company's official website.

China will focus on improving financial services to micro, small and medium-sized enterprises in an effort to ensure their sound development, according to a State Council executive meeting on Wednesday.

Governments should play a more active role in pursuing high-quality development of the country, according to Justin Lin Yifu, dean of the Institute of New Structural Economics at Peking University, who spoke at an online lecture last Sunday.

The scale of enterprise digitalized procurement in China will hopefully exceed 1 trillion yuan ($141.56 billion) this year, according to a report on enterprise digitalized procurement by CCID Group and the Research Institute of China International Electronic Commerce Center on Wednesday, China Securities Journal reported.


Chinese authorities have rolled out preferential income tax plans for companies and individuals in the southern island province of Hainan to build it into a globally-influential free trade port.

Chicago-based United Airlines announced on Monday that it will resume flights to China following the temporary suspension of service in February due to the outbreak of COVID-19.

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

Author: Producer Emilio Mendez

Speaker: Caroline Parraguez

Edition: EAcham






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