From the Foreign Investment Law to a shortened negative list for foreign investment, from more pilot programs for promotion of trade in services to the steadily eased financial market access, China's steps in pursuit of opening-up has never been stalled by mounting protectionism and unilateralism amid the pandemic.
From stuffed glutinous rice dumplings to natural-scented facial cream wrapped in white porcelain bottles, people spent on average 300 yuan (.2) on the so-called Laozihao items, or time-honored brands, last year on Taobao, China's top customer-to-customer online site, parent Alibaba Group said in a report released on Monday.
From a broader perspective, the first step of interest rate track unification highlights policymakers' mindset to resort to reforms when dealing with internal and external pressures, and provides new clues to China's economic policy outlook.
From the icy waters of the Antarctic Ocean comes a 2-inch-long multi-legged amphipod named for Victor Hugo's hunchback of Notre Dame Quasimodo because of its humped back, a "baffling beetle" from Costa Rica that camouflages itself to live among one species of army ants by resembling its hosts' stomachs and a snail fish from the Mariana Trench, the deepest part of the planet's oceans.
From January to August, the business revenue of major industrial enterprises reached 1.44 trillion yuan (about 3 billion), an increase of 4 percent over the same period of last year. Total profit was 94.18 billion yuan, down 14.4 percent from the same period of last year.
From a consumption standpoint, China's large population, with young demographics and rising income trends, are paving the way for a wealth of newly prosperous middle-class consumers for decades to come. These trends also serve as structural growth drivers for consumption-orientated companies that are positioned to profit from shifting consumer demand dynamics; these trends include e-commerce, product premiumization, upgrading consumer experience and domestic rural expansion.
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From September to the end of the year, new yuan-denominated loans are likely to increase given the improved monetary environment and stronger government support for infrastructure construction, said Zhou Wenyuan, managing director and chief researcher at Guotai Junan Securities.
From physical quantity indexes such as power consumption and traffic volume, the whole society's power consumption in May rose 11.4 percent, with a growth increase of 6.4 percentage points year-on-year. Among them, secondary industry electricity consumption witnessed a growth of 7.7 percent on a yearly basis, accounting for 55.6 percent of electricity consumption in the whole society.
Foxconn Industrial Internet Co Ltd, a subsidiary, said trading in its shares will debut on Friday in Shanghai. The unit previously announced plans to raise up to 27.1 billion yuan (.2 billion) in what will be the Chinese mainland's biggest IPO in almost three years.
Freight traffic has been more balanced, with the number of trips from Europe to China accounting for 72 percent of trips, up from 53 percent in 2017.