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.

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.

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.

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.

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.

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.

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