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In the first seven months of 2020, China became the top trading partner of the European Union (EU), a position previously held by the United States, said Eurostat on Wednesday.

In the first stage, NWD will cooperate with social housing enterprise Light Be by providing about 28,000 square feet land next to the MTR station at Tin Shui Wai. This is so the enterprise can develop a social housing community.

In the first eight months of this year, the profits of major industrial firms declined 4.4 percent to 3.72 trillion yuan, narrowing 3.7 percentage points from the January-July period.

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In the following phase, the procuratorate organs will intensify the supervision on legal proceedings involving disadvantaged children and put in place a compulsory reporting system on possible offenses against them.

In the first 10 months, costs per 100 yuan of revenue dropped 0.26 yuan from the same period last year, while expenses per 100 yuan of revenue went down 0.25 yuan, according to He.

In the first six months, Shenzhen-listed Baoding Technology Co Ltd, a large-scale forging and casting manufacturer, saw its net profit surge by 124.71 percent year-on-year. On Monday, its share price surged to the daily limit and closed at 12.67 yuan per share.

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In the first six months of last year, the carrier achieved revenue of 1.53 billion yuan and net profit of 172 million yuan, according to its earnings report.

In the first half of this year, Shanghai-listed Yonyou recorded about 3.3 billion yuan in revenue, up 10.2 percent year-on-year. Specifically, its cloud service revenue surged 114.6 percent year-on-year.

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In the article, Cheung also pledged that the government will track the development of the lastest COVID-19 outbreak and roll out proper measures when needed.

In the Doing Business 2020 report released by the World Bank in July this year, China improved to the 31st position among 190 economies, compared with 78th in 2018. The sample cities evaluated by the World Bank include Beijing and Shanghai, with Shanghai having a weight of 55 percent.