20210714 China News
Source: | Author:eacham | Published time: 2021-07-14 | 742 Views | Share:

01

China expects to see the number of 5G users exceed 560 million by 2023, according to a recent guideline. By then, 5G network is expected to be used by over 40 percent of personal mobile phone users, said the guideline issued by 10 state organs including the Ministry of Industry and Information Technology.


02

Shanghai's consumer confidence extended moderate growth in the second quarter while investor confidence bounced back from earlier retreat, according to a survey released on Tuesday. The Shanghai University of Finance and Economics' quarterly Consumer Confidence in Shanghai Index rose 0.9 points from the first quarter to 121.8 points for this year's April-June period, 1.7 points higher than a year earlier.



03

Total import and export volume in the Guangxi Zhuang autonomous region accumulated to about 2.07 trillion yuan ($300 billion) during the 13th Five-Year Plan period (2016-20), growing at an average annual rate of 10.1 percent, said Yang Chunting, Party secretary of the Guangxi Department of Commerce, at a news conference on Monday.



04

China's economy will continue to perform well, with the annual growth forecast above 8 percent, said 21st Century Business Herald, citing some institutes on Tuesday. As the country's economic activity continues to normalize and the economic recovery expands, the World Bank predicted China's economic growth is expected to reach 8.5 percent on a yearly basis in 2021, instead of the 8.1 percent previously.



05

The Tibet autonomous region reported an increase of 103 percent in foreign trade in the first five months of this year, 75 percentage points higher than the national average and second-highest in the country, Tibet Daily reported on Sunday.



06

Beijing, as the nation's scientific and technology innovation center, had 117 potential unicorn companies last year, the most in China, according to a recently published report by Greatwall Strategy Consultants, a private think tank in the city that focuses on new economic models.



07

China's push to reach carbon neutrality by 2060 has drawn increased attention to wind power as industry experts said moving wind farms to deeper waters could eliminate some challenges to offshore wind power and help expand the fleet of turbines.



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

Author: Producer Emilio Mendez

Speaker: Caroline Parraguez

Edition: EAcham




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