20201007 China News
Source: | Author:eacham | Published time: 2020-10-07 | 1403 Views | Share:
World merchandise trade is expected to fall by 9.2 percent in 2020, followed by a 7.2-percent rise in 2021, the World Trade Organization (WTO) said on Tuesday in its revised trade forecast.

Local people set the table for tourists at a scenic area in Sanjiang Dong Autonomous County in Liuzhou City, south China's Guangxi Zhuang Autonomous Region, Oct. 2, 2020. Since the Guiyang-Guangzhou high-speed railway was put into operation in 2014, Sanjiang has made every effort to boost the economy through tourism.

Chinese bankers reported growing optimism over the prospects for the country's macro economy in the third quarter (Q3) of this year, the central bank found in a survey.


NetDragon Websoft Holdings Ltd, a Chinese education and gaming company, is speeding up overseas expansion by offering "a package of" solutions to tap into the rising demand for online education globally amid the COVID-19 pandemic.

The Hong Kong Special Administrative Region government on Tuesday extended social distancing restrictions for another week till October 15, while expressing concerns about the probable worsening of local COVID-19 infections.

China's passenger trips on trains have exceeded 10 million for six consecutive days amid the extended National Day holiday travel rush, official data showed.

On Tuesday, a total of 11.3 million railway passenger trips are expected to be made, and 803 additional trains have been put into operation to handle the spike in trips involving tourism and family visits, according to the China State Railway Group Co Ltd.

A Chinese e-commerce platform selling products from the country's poverty-stricken areas has seen its sales exceed 3.1 billion yuan (US$455.2 million).The platform, fupin832.com, sells products from 832 counties that are or were on the state list of poverty-stricken areas.

Over 68,000 agricultural products are so far available on the website, which was launched on January 1, according to the platform.



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