20220814 China News
Source: | Author:eacham | Published time: 2022-08-14 | 588 Views | Share:



01

New consumption patterns are evolving in China's e-commerce sector as social media platforms offer specialized online shopping services to attract more consumers, injecting vitality into the country's online retail sales.

 

02

Two major Chinese chipmakers recorded better-than-expected revenue in the June quarter, with Semiconductor Manufacturing International Corp highlighting its long-term confidence in local semiconductor manufacturing, despite short-term challenges.

 

03

Chinese telecom operators have invested more than 400 billion yuan ($59.4 billion) into 5G so far, driving a cumulative economic output of about 8.56 trillion yuan, which highlights the robust role that new network infrastructure plays in buoying economic growth, experts said.

 

04

The Chinese mainland on Friday reported 646 locally-transmitted confirmed COVID-19 cases, of which 594 were in Hainan Province, the National Health Commission said Saturday.

 

05

Free and mandatory weekly nucleic acid tests for Shanghai residents will be extended until the end of September as community infections are still being reported in the city, Shanghai's COVID-19 prevention authority announced on Saturday.

 

06

A total of 134 financial institutions and enterprises from China and abroad have signed up for a thematic exhibition of financial services at the upcoming 2022 China International Fair for Trade in Services (CIFTIS), according to a media briefing.

 

07

China's small and medium-sized enterprises have shown upward momentum in resuming work and business activity, although further policy efforts are needed so that more of them can resume operations at full capacity, according to a recent survey by the China Association of Small and Medium Enterprises.



Author: Producer Emilio Mendez

Speaker: Caroline Parraguez

Edition: EAcham




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