20200606 China News
Source: | Author:eacham | Published time: 2020-06-06 | 660 Views | Share:

The number of employed people in China stood at 770 million by the end of 2019, with the proportion of the tertiary industry rising to 47.4 percent.



As China prepares to soon unveil a three-year action plan for the reform of its State-owned enterprises to further focus on mixed-ownership reform and reorganization, industry experts said the move will aid the government's efforts to steer the economy toward innovation and technology-driven high-quality growth.

Kunshan became the first county in China with a GDP exceeding 400 billion yuan ($56.28 billion) according to Yicai.com on Thursday.

BMW inked a deal with State Grid's subsidiary, State Grid EV Service, on Wednesday in Beijing, as part of the German premium carmaker's efforts to promote e-mobility in the world's largest new energy vehicle market.

While battling the COVID-19 pandemic, China Tiesiju Civil Engineering Group, a 70-year-old State-owned enterprise with comprehensive construction capabilities, has smoothly and safely continued its construction work on overseas projects, helping host countries boost their economies in the process.


China National Petroleum Corp (CNPC), one of China's top three oil giants, said it produced 150.3 billion cubic meters of natural gas in 2019, with domestic production reaching 118.8 cubic meters, a year-on-year increase of 8.6 percent, providing a strong support for the optimization of China's energy mix.

China firmly opposes the US including 33 Chinese enterprises, universities, research institutions and individuals on the export control "entity list" on the grounds of so-called "military involvement" and "human rights", the Ministry of Commerce said on Friday.

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

Author: Producer Emilio Mendez

Speaker: Caroline Parraguez

Edition: EAcham



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