Investors believe Chinese airlines are on a faster track of recovery than their peers, as domestic travel in China rebounds faster from the pandemic compared to other countries.

China's downstream rare earth companies have slowed production and operation activities this year due to COVID-19, said the Ministry of Commerce on Thursday, when commenting on the drop in the country's rare earth exports in the first seven months.

China's manufacturing sector has weathered the test of COVID-19 and the country's status in the global manufacturing industry will remain firm, said the Ministry of Commerce on Thursday.

Celebrating its first anniversary, Lingang Special Area－a recent expansion of the China (Shanghai) Pilot Free Trade Zone－will play an unparalleled role in facilitating the country's dual circulation development pattern in which domestic and external demands complement one another, said experts.

Foreign trade in North China's Hebei province rose by 6.3 percent year-on-year to more than 231 billion yuan ($33.4 billion) in the first seven months, customs statistics showed.

China has made remarkable achievements in poverty alleviation by boosting employment. As of June 30, the number of poverty-stricken migrant laborers nationwide reached 28.3 million, which was 3.7 percent more than the total number of migrant workers last year.

Global financial data provider Refinitiv said on Tuesday that its proposed $27 billion merger with the London Stock Exchange will create more opportunities for foreign investors to access the huge market in China, a top company official said.

More domestic carriers have introduced better complimentary in-flight meals that one would actually want to eat in the economy class as part of their latest approach to attract more passengers after they were negatively affected by the COVID-19 pandemic.

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

Author: Producer Emilio Mendez

Speaker: Caroline Parraguez

Edition: EAcham