20210509 China News
Source: | Author:eacham | Published time: 2021-05-09 | 343 Views | Share:
Driven by strong domestic consumption demand, China's third-party logistics market scale expanded to $331 billion last year, with a compound annual growth rate of 16.6 percent between 2013 and 2020. This has driven the rapid development of logistics warehouses, which play an important part in enhancing logistics efficiency and customer experience within the retail supply chain, said a white paper on China's logistics property market by JLL.
The Chinese online video platform iQIYI apologized on Thursday for the milk-wasting scandal caused by the variety show it produces — "Youth with You" Season 3.The program was accused of encouraging viewers to buy milk and scan the QR code inside the bottle caps to support their favorite stars on the show. It was suspended by the Beijing Municipal Radio and Television Bureau on Tuesday.
The Chinese mainland on Thursday reported 13 new COVID-19 cases, all of which were imported, the National Health Commission said in its daily report on Friday.Shanghai and Guangdong each reported five cases, while two cases were reported in Fujian and one in Shaanxi, according to the commission.
The Baotou CPC Committee and the Baotou Municipal Government held a promotional investment conference at the Shanghai Oriental Riverside Hotel on May 6 with the aim of attracting investment to drive local development.
China's online consumer market maintained robust growth during the five-day May Day holiday that ended Wednesday, the Ministry of Commerce (MOC) said Thursday.The country's online retail sales went up by 29.2 percent year-on-year during the holiday, with online retail sales in the tourism industry surging by 371.2 percent year-on-year, data of the major e-commerce platforms monitored by the MOC showed.
CVS Health Corp said demand for COVID-19 vaccinations has fallen by about 30 percent recently as Americans' hesitancy to receive the shots outweighs expanding eligibility and access, The Wall Street Journal reported on Tuesday.
China's effective containment of the COVID-19 pandemic and progress in vaccination have greatly boosted people's enthusiasm for domestic travel during the May Day holiday lasting from Saturday to Wednesday. Viewing the travel rush as a clear signal of the country's economic recovery, especially a pick-up in consumers' sentiment, international businesses are shifting to e-commerce to seek fortune in China's online market, given that the coronavirus has brought overseas travel to a standstill.

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

Author: Producer Emilio Mendez

Speaker: Caroline Parraguez

Edition: EAcham

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