20201109 China News
Source: | Author:eacham | Published time: 2020-11-09 | 784 Views | Share:
Chinese e-commerce giant Alibaba said that its revenue surged 30 percent year-on-year to 155 billion yuan ($23 billion) in the second quarter of its 2021 fiscal year.


China's rapid development in the industrial internet sector will offer huge opportunities for greater cooperation between foreign companies and Chinese enterprises, as 5G has become an important driver for its application, government officials and corporate executives said on Thursday.


China will open its Five-hundred-meter Aperture Spherical Radio Telescope (FAST), the world's largest single-dish radio telescope, to global scientists next year for research work, said the National Astronomical Observatories (NAO) on Friday. 


The first phase of a $10 billion petrochemical project is expected to be completed and begin production in Huizhou, a Pearl River delta city in Guangdong province, before the end of 2023, Huizhou city authorities said in a statement on Thursday.


The State Council, China's cabinet, on Friday decided to take measures to enhance guarantees of fiscal spending for ensuring people's livelihood.It also made arrangements for advancing the public health campaign amid the prevention and control of COVID-19 and other diseases in winter, according to a statement issued after a State Council executive meeting chaired by Premier Li Keqiang.


The United States has become China's largest source of service imports, contributing the most to China's deficit in service trade in 2019, according to the Ministry of Commerce.


Shanghai University of Sport inked a memorandum of understanding on partnership with the United States-based tech giant Qualcomm and Pong-bot, a Shanghai-based developer of robots, to empower the development of smart sports with technologies including 5G and artificial intelligence at the ongoing China International Import Expo on Friday.


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

Author: Producer Emilio Mendez

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