China's top economic planner has allocated 200 million yuan ($28.3 million) from the central budget to support the construction of transportation hubs in five cities to improve China-Europe rail freight services.
Cross-border e-commerce, online trading, and service trade are key tools for China in tackling economic downwards amid the COVID-19 pandemic, Guan Tao, chief global economist of BOC International (China) Co Ltd, said, reported China Securities Journal on Monday.
Sinopharm Group is speeding up development of a candidate vaccine for the novel coronavirus that causes COVID-19, with more milestones having been achieved by the Chinese State-owned pharmaceutical giant ahead of hoped-for mass production.
OPPO announced Monday it will cooperate with Vodafone and Ericsson to construct the first 5G standalone network in the United Kingdom and offer network slicing services, 163.com reported.
Shanghai was hit by downpours on Monday, causing flooding and heavy traffic congestion during morning rush hour.
BMW is building an innovation base in Shanghai with China's e-commerce giant Alibaba to help foster technology startups in the country, in a bid to commercialize technological innovations in the premium mobility sector.
Car dealers in China are trying to win back showroom traffic now the coronavirus has been curbed, but one problem is that more than 40 percent of potential buyers disqualify a brand without visiting its showroom, according to a JD Power survey.
Source：Globaltimes, Xinhuanet, Chinadaily, Shine, Gdtoday，China Plus News
Author: Producer Emilio Mendez
Speaker: Caroline Parraguez
Edition: EAcham
