20200710 China News
Source: | Author:eacham | Published time: 2020-07-10 | 722 Views | Share:
1

China announced measures on Wednesday to encourage private sector participation in transport infrastructure projects, in an effort to inject new vitality into the economy and foster high-quality social and economic development, according to the country's top economic regulator.


2

The economic value added of China's digital economy reached 35.8 trillion yuan ($5.11 trillion) in 2019, accounting for 36.2 percent of gross domestic product according to the White Paper on the Development of China's Digital Economy (2020), Economic Information Daily reported on Thursday. 


3

With the eighth annual National Insurance Awareness Day falling on July 8, China Re Group, a State-owned reinsurer, is promoting the event via a variety of activities conveying the positive philosophy of reinsurance.


4

Chinese online LGBTQ platform BlueCity Holdings Ltd's stocks skyrocketed on its first day of trading Wednesday, a bullish start for a public company on Wall Street. At the closing bell on the Nasdaq, BlueCity's share price rose dramatically Wednesday, rising by 46.44 percent to $23.43, giving the company a market cap value of $835 million. 


5

Chip makers are making a beeline for the nation's technology-focused STAR Market, seeking to tap into a bullish market amid growing investor enthusiasm for semiconductor-related shares.


6

China's courier sector registered robust growth in the first half of 2020 after a quick recovery from a COVID-19 downturn, the State Post Bureau said Thursday.


7

China will not hold most international sporting events for the rest of 2020 as part of measures to stop the spread of coronavirus, the government said on Thursday, dealing a potential blow to the likes of Formula One and tennis.



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

Author: Producer Emilio Mendez

Speaker: Caroline Parraguez

Edition: EAcham

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