20200929 China News
Source: | Author:eacham | Published time: 2020-09-29 | 1187 Views | Share:
Chinese unicorn Terminus officially launched AI City program, the next generation of smart city, and unveiled the first world-class AI City in Southwest China's Chongqing - Cloud Valley, in Beijing on Wednesday.

East China's Shandong province has built 50,000 5G base stations, covering the urban areas of all its 16 prefecture-level cities, local authorities said Saturday. Shandong has invested 6.95 billion yuan (about $1.02 billion) this year to construct 5G infrastructure and its application, said Zhang Hongyi, director of Shandong Communications Administration.

China's corn imports surged in August, official data showed.Corn imports last month totaled 1.02 million metric tons, up 339.8 percent year-on-year, while the value reached 1.53 billion yuan ($225 million), up 312 percent year-on-year, data from the General Administration of Customs showed.

Regulators are determined to accelerate financial opening-up amid attempts to boost the value of yuan-denominated assets and attract offshore funds by removing long-existing cross-border funding obstacles.

The profits of China's major industrial enterprises grew 19.1 percent year-on-year in August, as improvement of both supply and demand has driven sales growth of industrial companies, the National Bureau of Statistics said on Sunday.

Amid challenges brought by the epidemic, the Association of Southeast Asian Nations for the first time has become China's top trading partner, opening up bright prospects as China and ASEAN are now each other's largest trading partners, the Ministry of Commerce said on Sunday.

China Unicom, one of the country's largest telecom operators, said in a report that its 4G users reached 264 million in August, up 1.58 million from July. The number of its fixed-line broadband subscribers saw a net increase of 171,000 to 85.8 million last month.

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

Author: Producer Emilio Mendez

Speaker: Caroline Parraguez

Edition: EAcham



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