20210621 China News
Source: | Author:eacham | Published time: 2021-06-21 | 715 Views | Share:
01.
The balance of loans in Shanghai stood at 8.96 trillion yuan (about 1.39 trillion U.S. dollars) at the end of May, up 10.6 percent from the same period last year. The balance of loans in Chinese yuan reached 8.27 trillion yuan at the end of May, up 11.2 percent year on year, and the growth rate was 0.6 percentage points higher than that of the previous month, according to the People's Bank of China Shanghai Head Office.

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The freight train route linking China's small commodity hub of Yiwu with Europe has imported goods 56 times more than the same period last year, the customs authority said.The total import and export value of goods handled by the route hit 16.63 billion yuan (2.58 billion U.S. dollars) in the first five months, up 193 percent year on year, said the General Administration of Customs.

03
Chinese insurance technology company Waterdrop Inc reported a 35.1 percent year-on-year increase in net operating revenue in the first quarter of this year, continuing to see strong growth in the number of paying insurance consumers.

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Shopping habits have been shifting away from physical retail and toward online shopping for some time, and the COVID-19 crisis has accelerated this movement. Data from the United Nations Conference on Trade and Development further shed light on this trend. While global trade in goods decreased 9 percent last year, e-commerce's share in global retail increased from 14 percent to 17 percent from 2019 to 2020.

05
Consumption in the culture and tourism industry in the Yangtze River Delta region in the first half of this year was back to the level before the COVID-19 pandemic, according to a report released by the Youth League Shanghai on Friday. The average consumption of young people peaked on Valentine's Day.

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The Chinese mainland on Friday reported six new locally transmitted COVID-19 cases in Guangdong Province, the National Health Commission said in its daily report on Saturday. Also newly reported were 24 imported cases, of which eight were reported in Guangdong, six in Shanghai, four in Fujian, two each in Yunnan and Shaanxi, and one each in Beijing and Zhejiang.

07
China's Chongqing Municipality saw its foreign trade total 304.77 billion yuan (about 47.23 billion U.S. dollars) in the first five months of this year, customs data showed.The figure marks a robust increase of 39.9 percent over the same period last year, according to Chongqing Customs.

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Hosted by the Department of Commerce of Zhejiang Province and organized by the Zhejiang Zhongzhe International Exhibition & Commerce Co., Ltd. and EAcham, a series of 2021 Zhejiang Export Online Fairs kicked off in May and are in full swing in June, with the Western Asia Station-Electric Power & Energy Resources Session closing successfully on June 6th, the Southeastern Asia Station-Machinery & Electronic Parts Session going on during June 16th-22.

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

Author: Producer Emilio Mendez

Speaker: Caroline Parraguez

Edition: EAcham





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