20210612 China News
Source: | Author:eacham | Published time: 2021-06-12 | 841 Views | Share:
01
The Tangshan Port Economic Development Zone in North China's Hebei province announced that it will put into operation a production line for ultrahigh purity magnesium oxide by the end of 2022 to boost green and high-quality development in the country's Beijing-Tianjin-Hebei region.

02
Chinese technology giant Huawei has set a target to offer solutions that enable passenger vehicles to be driverless in 2025, said a senior executive on Thursday.Wang Jun, head of Huawei's smart vehicle business unit, said "Driverless vehicles are the ultimate goal of autonomous driving, and we are working to make passenger vehicles driverless in 2025."

03
The rural e-commerce industry boomed in China's western regions in 2020, according to an industrial report.Last year, areas in the west led the growth in the number of new entrepreneurs on e-commerce platform Taobao for the first time in its history, said the report, co-released by Alibaba and an institute under Zhongnan University of Economics and Law.

04
China National Offshore Oil Corp, the country's top offshore oil and gas producer, expanded the construction of what will be the world's largest liquefied natural gas or LNG storage tanks in Yancheng Binhai Port Industrial Park in Jiangsu province on Thursday.In all, six tanks independently developed and designed by CNOOC will be built at a cost of 6.1 billion yuan ($955.9 million).

05
Chinese ride-hailing heavyweight Didi Chuxing on Thursday made public its filling for an initial public offering, expected to be one of the world's biggest IPOs this year, for a US stock market.The move came after Didi saw a strong revenue performance in the first quarter of this year, with ride-hailing services resuming amid the receding of the COVID-19 pandemic.

06
China's leading liquor brand Kweichow Moutai said that its annual liquor output is expected to reach 55,300 tons in 2021.In 2020, the company's revenue reached nearly 98 billion yuan ($15.4 billion), a year-on-year increase of 10.29 percent, said Gao Weidong, chairman of the board, at the company's 2020 annual general meeting of shareholders on Wednesday.

07
China's integrated circuit industry market scale crossed 880 billion yuan ($137.85 billion) in 2020, becoming world's largest and fastest growing, Sina Finance reported on Thursday.China's integrated circuit industry recorded nearly 20 percent average annual growth during the 13th Five-Year Plan period to reach 884.8 billion yuan last year, the report said.

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

Author: Producer Emilio Mendez

Speaker: Caroline Parraguez

Edition: EAcham

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