20200719 China News
Source: | Author:eacham | Published time: 2020-07-19 | 747 Views | Share:

High-tech industries and emerging digital technologies are gaining traction and playing a key role in shoring up the economy, boosting employment, and fostering high-quality development despite challenges from the COVID-19 pandemic and global economic downward pressure, said industry insiders.


China's economic recovery continued to gather speed in May despite shocks from the COVID-19 epidemic, with most of the key indicators showing improvement as a result of continued policy support.


China's economy rebounded substantially in the second quarter with stronger-than-expected GDP growth of 3.2 percent from a year earlier, and economists said that such recovery momentum is likely to be sustained in the coming quarters as policies are expected to remain supportive and flexible.


State-owned Power Construction Corp of China (Power China) is resuming overseas projects in an orderly manner in a bid to bring overseas business back to normal and benefit local regions.


The market size of China's artificial intelligence cloud service recorded $166 million in 2019, according to the latest AI cloud service report by the global market consultancy IDC on Tuesday.


Ghana's new container terminal located in West Africa's Gulf of Guinea has placed Ghana in a more competitive position as it is able to accommodate larger vessels, thus unlocking huge trading opportunities within the region and with the rest of the world.


Foreign direct investment on the Chinese mainland saw an 8.4 percent year-on-year increase in the second quarter, the Ministry of Commerce said on Thursday.



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

Author: Producer Emilio Mendez

Speaker: Caroline Parraguez

Edition: EAcham

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