3rd CIIE to inject impetus into global economy
Preparations are in full swing for the third China International Import Expo (CIIE), scheduled to open in early November this year. The event is likely to instil confidence in the business environment as COVID-19 clobbers the global economy.
Macro
China takes multi-pronged measures to protect firms against COVID-19
As the COVID-19 pandemic dampened demand and hurt businesses, China has established protecting firms, especially smaller ones, as a priority from day one, rolling out a host of measures to help them overcome difficulties.
Financials
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STAR market expected to nurture leading global tech firms
China's Nasdaq-style sci-tech innovation board, also known as the STAR market, is expected to nurture world-class technology companies in China, considering its astonishing growth in the past year.
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New growth engines fostered in old industrial base
In China's Jilin, a major farming province, satellites are making their way into paddy cultivation by producing images of large fields in short time and offering information such as growth and seedling rate of the crop.
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Companies
China Unicom has 260 million 4G subscribers
China Unicom, one of the country's largest telecom operators, said in a monthly report that its 4G users reached 260 million in June, up 2.5 million from May.
HNA Group opens 95 routes for summer holiday travel rush
Eleven Chinese airlines under the HNA Group have opened 95 round-trip routes to hot tourist destinations across the country to meet summer holiday travel demand.
Ant Group unveils new blockchain brand
Ant Group, a leading provider of financial services technology in China, on Thursday officially launched a new brand, called AntChain, for the company's blockchain-based solutions.
