20201114 China News
Source: | Author:eacham | Published time: 2020-11-14 | 760 Views | Share:
China's top chipmaker Semiconductor Manufacturing International Corp said on Thursday that any possible effects of the US government restrictions on its business are "controllable", after reporting a record growth in third quarter revenue.


China's economic recovery has entered the second stage in which service industry and consumption will play greater role, according to the latest KPMG report. The report said China's economy has continued to recover, and the actual year-on-year GDP growth rate in the third quarter rose to 4.9 percent, up 1.7 percentage points from the second quarter.


Representatives of international organizations, foreign business councils in China and executives of multinational companies expect more market and cooperation opportunities as they hail China's commitment to all-around opening-up in its new development blueprint.


China's move to promote the innovative development of foreign trade will benefit overseas companies, Ren Hongbin, assistant minister of commerce, said at a press briefing Thursday.


Johnson & Johnson Vision Care China has reached a new round of strategic cooperation with Nova Vision, an optometry service provider, to jointly implement a digital slit-lamp AI diagnosis R&D project.


Chinese e-commerce giant JD reported its transaction volume reached 271.5 billion yuan ($40.9 billion) during the Singles Day shopping extravaganza held from Nov 1 to Nov 11, an increase of 32 percent compared with last year.


China Unicom, a major Chinese telecom operator, and Huawei Technologies Co jointly announced the achievements of the 5G Capital innovation project with the theme of "Smarter, Together".


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

Author: Producer Emilio Mendez

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Edition: EAcham

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