20200918 China News
Source: | Author:eacham | Published time: 2020-09-18 | 843 Views | Share:

Chinese e-commerce giant Alibaba announced it would establish a property service on Tmall jointly with E-House (China) Enterprise Holdings Ltd on Wednesday. The Chinese business-to-customer site is offering a property service that combines 3-dimensional shopping technology, livestreaming and financial services, to make it possible for homebuyers to complete all the procedures in home buying online.

QingCloud, which has been approved to list on the STAR Market, is betting on booming opportunities for cloud services in the Shanghai and Yangtze Delta regions. Cloud technology offers basic resources such as computing, storage and networking for epidemic control and resumption of work and production. The cloud not only helps enterprises resist unpredictable risks, but also boosts their digital transformation, according to Jordan Li, product director of QingCloud.

China's investment growth is expected to maintain steady momentum during the rest of the year on the back of adequate funding and an increasing number of projects, the country's top economic regulator said on Wednesday.

China's non-financial outbound direct investment (ODI) went down by 2.6 percent year-on-year in the first eight months of the year, data showed on Thursday. The ODI amounted to 480.45 billion yuan ($68.48 billion) in the period, according to the Ministry of Commerce.

Alibaba Cloud, the digital technologies and intelligence backbone of Alibaba Group, unveiled a series of innovative products at the 2020 Apsara Conference on Thursday, including its first cloud computer and a logistics robot for last-mile deliveries.

Before the African swine fever (ASF) was detected in Germany, China had become the country's "most important trading partner" for pork exports in the first half (H1) of the year, the Federal Statistical Office (Destatis) announced on Wednesday.

Multinational corporations are accelerating their pace of bringing advanced laboratory automation to China to tap into the country's surging testing demand and enjoy the country's favorable policies in stabilizing foreign investment. 

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

Author: Producer Emilio Mendez

Speaker: Caroline Parraguez

Edition: EAcham





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