20221228 China News
Source: | Author:eacham | Published time: 2022-12-28 | 667 Views | Share:



01

Local governments across China have issued a new round of consumption vouchers to boost the recovery of catering, tourism, retail and other industries weighed down by the COVID-19 epidemic. The southern metropolis of Guangzhou has issued coupons worth a total of 30 million yuan (about $4.3 million), covering catering, e-commerce, retail and hotel businesses.

 

02

Chinese e-comics platform Kuaikan said on Friday that it will spend 400 million yuan ($57.28 million) next year toward encouraging more people to create Chinese-style comics, as part of its broader push to cultivate a robust content ecosystem. The move came after Kuaikan's revenue recorded a 100 percent year-on-year growth in the first half of this year despite the challenges of the overall internet industry.

 

03

China Mobile, the world's largest telecom carrier with 900 million mobile subscribers, is exploring ways to tap into quantum computing to overcome computational bottlenecks facing 5G and 6G technologies. The research institute of China Mobile has signed a deal with Origin Quantum, a Chinese startup focusing on quantum computing.

 

04

Foreign financial institutions have raised their forecasts for China's GDP growth in 2023, based on an anticipated rebound in business activity next year and the accelerated optimization of epidemic control measures.

 

05

China's top securities regulator's green light on Wednesday for Chinese property developers to get listed through reverse mergers with already listed companies is a follow-up on the Central Economic Work Conference's call last week that support should be provided for the stable growth of the real estate industry, market observers said on Thursday.

 

06

China's parcel delivery industry handled more packages between January and November this year compared with the same period in 2021, showing the sector's remarkable resilience in the fight against COVID-19 and its contribution to boosting economic development, enhancing the flow of goods and helping people maintain their daily lives.

 

07

China's parcel delivery industry handled more packages between January and November this year compared with the same period in 2021, showing the sector's remarkable resilience in the fight against COVID-19 and its contribution to boosting economic development, enhancing the flow of goods and helping people maintain their daily lives.


 


Author: Producer Emilio Mendez

Speaker: Caroline Parraguez

Edition: EAcham




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