20201106 China News
Source: | Author:eacham | Published time: 2020-11-06 | 731 Views | Share:
The size of Chinese digital economy could hit 80 trillion yuan ($12 trillion) by 2025, accounting for 55 percent of the country's gross domestic product, according to a new report.The country's digital economy is expected to grow by around 15 percent annually between 2020 and 2025, said the report published by Shenzhen-based think tank China Development Institute on Tuesday.


China National Petroleum Corporation, the country's largest oil and gas producer by annual output, said it will continue to maximize production at domestic gas fields while ensuring adequate gas imports to ensure sufficient supplies for the upcoming heating season.


A special freight train loaded with 200,000 parcels on Tuesday departed from the Alashankou Comprehensive Bonded Zone in Northwest China's Xinjiang Uygur autonomous region, destined for Europe from the Alashankou Port in China.


On November 2, 2020, China Southern Airlines announced on its official website that it would suspend the transit of passengers from 21 countries to China, involving 9 African countries, 2 Central and South American countries, 8 Asian countries and 2 European countries, starting from November 3.


China is temporarily suspending the entry of nationals from the UK, Belgium, Philippines, and the Bangladesh, even if they are holding visas or residence permits, due to the COVID-19 pandemic, the Chinese Embassy in the UK and Chinese Embassy in the Philippines said in separate statements on Thursday.


Senior corporate executives expressed confidence that the third China International Import Expo, which kicked off in Shanghai with its opening ceremony on Wednesday, is a major step by China to further open its market and bolster people's confidence amid the COVID-19 pandemic.


China will advance the optimization and upgrading of its entire industrial chain by making sector-specific strategic plans for supply chains in a targeted approach, according to the full text of the Communist Party of China (CPC) Central Committee's development proposals made public on Tuesday.


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

Author: Producer Emilio Mendez

Speaker: Caroline Parraguez

Edition: EAcham

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