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New development drivers are increasingly underpinning China's growth, with the internet-based industries adding to economic vitality, an index showed. The new growth driver index, compiled by the National Bureau of Statistics (NBS), increased by 23.4 percent in 2019 from a year ago to hit 332, the NBS said.
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A senior Chinese economic expert has called for the government to better practice President Xi Jinping's thought on ecological progress by incorporating green development into the country's economic recovery and the 14th Five-Year Plan (2021-2025).
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The Shanxi Transition and Comprehensive Reform Demonstration Zone is stepping up efforts to bolster the business environment to facilitate the development of high-technology industry clusters, amid its joint efforts to create a new powerhouse to boost the local economy.
4
China's economy is running in relatively good shape despite the impact from the COVID-19 outbreak, reporting better-than-expected second quarter growth, the country's top economic regulator said on Friday.
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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. Its projects in Bosnia and Herzegovina, Iraq, the Democratic Republic of Congo, Zimbabwe, Saudi Arabia, Laos and elsewhere are back on track.
6
A digital coupon initiative, launched by Alipay on July 1, has attracted the participation of over 10 million small and micro-businesses across China, the platform said in a report.
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Chinese tech company Cheetah Mobile Inc is ramping up push to popularize robotics technologies, with more than 10,000 of its robots being deployed in multiple industries to serve people.
Source：Globaltimes, Xinhuanet, Chinadaily, Shine, Gdtoday，China Plus News
Author: Producer Emilio Mendez
Speaker: Caroline Parraguez
Edition: EAcham
