20200708 China News
Source: | Author:eacham | Published time: 2020-07-08 | 691 Views | Share:
1

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.


2

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.


3

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.



4

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.


5

Shanghai was hit by downpours on Monday, causing flooding and heavy traffic congestion during morning rush hour.


6

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.


7

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


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