20201029 China News
Source: | Author:eacham | Published time: 2020-10-29 | 849 Views | Share:
General Motors said on Monday it is upgrading its advanced design center in Shanghai to more than double the current studio space and milling capacity, to tap into local Chinese talents to sharpen its competitive edge in China and worldwide.

Competition in the wireless stereo earbud sector is set to intensify as a batch of technology companies are beefing up efforts to launch more feature-packed models, covering functions like noise cancellation, bio-sensing, waterproofing and integrated artificial intelligence voice assistant services.

The Chinese economy's exceptional recovery from the impact of COVID-19 may have surprised many overseas observers, but it is just one of a host of China's achievements during its 13th Five-Year Plan period (2016-20).

Profits of China's major industrial firms totaled 646.43 billion yuan (about $96.5 billion) in September, increasing by 10.1 percent year-on-year, data from the National Bureau of Statistics (NBS) showed Tuesday.

With Europe and North America witnessing spikes in new COVID-19 cases and deaths, the World Health Organization warned on Monday that countries should not count on magic solutions to get ahead and stay ahead of the virus, but on hard work.

Listed Chinese internet companies registered a total market value of 16.8 trillion yuan ($2.51 trillion) as of Sept 30, up 12 percent from a month earlier, the 21st Century Business Herald reported on Monday, quoting a study from the China Academy of Information and Communications Technology.

The government of Hainan, the southern island province of China, moved a step forward by unveiling a new guideline to widen market access and lower barriers to trade, investment and cross-border capital flows with the goal of building the island into a high-quality free trade port.

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

Author: Producer Emilio Mendez

Speaker: Caroline Parraguez

Edition: EAcham



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