20210705 China News
Source: | Author:eacham | Published time: 2021-07-05 | 740 Views | Share:




01

China is ready for subsidy-free renewables after years of technological advances and cost reductions, as the government has been leveraging its range of policies in a careful balancing act to both reduce the subsidy burden while maintaining a fairly stable market, analysts said.


02

An estimated total of 148,000 heavy trucks were sold last month, down 13 percent year-on-year, according to auto industry information service provider cvworld.cn.The June sales also saw a 9 percent drop from May, the website said, citing unfavorable factors such as shrinking market demand and high inventories.


03

Volume car brands beat their luxury rivals in terms of sales satisfaction this year, the first time in 22 years, revealed an annual JD Power study based on a survey of over 25,000 car owners in 70 major Chinese cities.


04

The Chinese mainland on Saturday reported 14 imported COVID-19 cases but no new locally transmitted cases, the National Health Commission said in its daily report on Sunday.Among the imported cases, four were reported in Yunnan, three in Guangdong, two in Fujian, and one each in Tianjin, Liaoning, Shanghai, Guangxi and Sichuan.


05

From July 3, Guangzhou Baiyun International Airport no longer requires passengers to hold a 48-hour nucleic acid test negative certificate. Passengers only need to show the green health code and undergo a temperature test when taking an airplane.


06

Central banks around the world are holding record levels of reserves in Chinese yuan, according to IMF data. Analysts said the current five-year high marks another step forward for the Chinese currency's internationalization, a process that began a few years back.


07

New tech gadgets are a highlight of the ongoing Mobile World Congress 2021 in Barcelona, Spain. As a major telecom industry event, this year's event has attracted many tech giants including Huawei, China Mobile and ZTE, with COVID-19 under control.



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

Author: Producer Emilio Mendez

Speaker: Caroline Parraguez

Edition: EAcham




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