20200903 China News
Source: | Author:eacham | Published time: 2020-09-03 | 1184 Views | Share:
China's Belt and Road Initiative has played a key role in staving off the negative impact caused by the COVID-19 pandemic, an expert said on Wednesday. "Many infrastructure and livelihood projects have played a major role in fighting the pandemic," Lin Songtian, president of the Chinese People's Association for Friendship with Foreign Countries, said.

Due to strong confidence in the potential of China's consumer market reinforced by favorable government policies introduced amid the COVID-19 epidemic, US restaurant chain Domino's Pizza will keep its 2020 business target in the country unchanged, the company's China CEO Wang Yi said.

Foshan Haitian Flavoring and Food Co Ltd, the largest manufacturer of soy sauce in the world, saw its market value surge to over 600 billion yuan ($84 billion) on Tuesday in Shanghai as robust demand for home-cooked products and a strong sales network buoyed sales during the first six months of the year.

From Wednesday, people in the Wuliqiao Subdistrict can use old plastic bottles to trade for Coca-Cola drinks in a one-year community campaign to promote a sustainable lifestyle. The campaign, themed “World Without Waste @ Sustainable Communities,” kicked off at the Bridge 8 Creative Park Wednesday morning with an exhibition showing how Coca-Cola gives recycled plastics a new lease of life.

Chinese smartphone vendor Realme unveiled a below-1,000 yuan ($146) 5G handset on Tuesday, as the company aims to beat out rivals amid intense competition in the sector.

Chinese artificial intelligence startup 4Paradigm has gained momentum in developing an AI operating system, as more up and coming domestic companies are turning to homegrown solution providers given current global trade uncertainties.

Nine people associated with Lepin, a brand infringing the copyright of Lego toys, were found guilty and sentenced, the Shanghai No. 3 People’s Intermediate Court announced on Wednesday.The principal offender, surnamed Li, was sentenced to six years in jail with fines of 90 million yuan (US$13.18 million). The other eight were sentenced up to four and a half years, and slapped with fines as high as 800,000 yuan, the court said.








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