20200819 China News
Source: | Author:eacham | Published time: 2020-08-19 | 1144 Views | Share:

China's Nasdaq-like ChiNext board's plan to double the daily fluctuation limit of its over 800 listed stocks to 20 percent from next week will not only boost market efficiency and vitality but also further reforms, experts said on Monday.



China Telecom, a leading mobile operator in China, reported its net profit for the first half of 2020 has hit 13.95 billion yuan ($2.01 billion), increasing 0.3 percent from a year earlier, according to the company's financial announcement released Tuesday.



China has gained sound momentum in the electronic information industry in the second quarter despite challenges brought by the COVID-19 outbreak, as the country sought to bolster industrial chain in the electronics battlefield for stable development, the nation's top industry regulator said at the ongoing China Information Technology Expo in Shenzhen on Friday.



The rapid adoption of emerging technologies has dramatically increased convenience along with dynamic cybersecurity challenges, with risks moving beyond virtual attacks to damaging the physical world of homes, cities and even key national infrastructure, officials and experts said.



The new Hengqin checkpoint, wedged between Zhuhai, Guangdong province, and the Macao Special Administrative Region officially opened to the public on Tuesday.



The overseas direct investment by Shenzhen, Guangdong province, ranked second among mainland cities in the first half of this year, and the contract value for foreign contracted projects is ranked at the top, with investment in Belt and Road Initiative-related economies serving as a main driving force.



Global trade has been disrupted by the COVID-19 pandemic. However, China has responded to the situation by reassuring and giving businesses confidence to reopen, the article said, citing Steven Lynch, chief executive of the British Chamber of Commerce in China.




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

Author: Producer Emilio Mendez

Speaker: Caroline Parraguez

Edition: EAcham

Guangzhou Office:
Suite 1816-1819, Guangzhou International Sourcing Center, No. 8 Pazhou Avenue East ,Haizhu District, Guangzhou, Guangdong Province.
Tel:+86-20-89059525

E-mail:gz@eacham.org

Shanghai Office:

Global Chambers Zone 

No.624C of Office Building B, National Convention and Exhibition Center(Shanghai)

Tel:+86-13917039347

E-mail:shanghai@eacham.org

Contact us
Beijing Office:

Room 607, No,1 East International Building, No,1 Ciyunsi, Chaoyang District, Beijing.

Tel:+86-10-64952381

Fax:+86-10-64958922
E-mail:info@eacham.org