20211010 China News
Source: | Author:eacham | Published time: 2021-10-10 | 791 Views | Share:

01

The rainy weather during the National Day holiday did not weaken people's consumption enthusiasm in Beijing as the capital city carried out measures to help many business sectors. The capital's major business sectors including department stores, supermarkets, restaurants and online-retailers posted total revenue of 6.3 billion yuan ($970 million) during the seven-day National Day holiday from Oct 1 to 7, representing a year-on-year increase of 7.6 percent, the city's commerce bureau said on Friday.


02

Chinese e-commerce giant JD is beefing up efforts to expand its presence in Indonesia by continuously investing in supply chain infrastructure and cutting-edge technologies.


03

Cutting-edge semiconductor display technologies, including organic light-emitting diodes (OLED) and mini light-emitting diodes (mini LED), are injecting new impetus into the sluggish global television market and bolstering the transformation and upgrading of the traditional home appliance industry, industry insiders said.


04

China saw a total of 515 million domestic tourist trips made during the seven-day National Day holiday, according to the Ministry of Culture and Tourism.The figure was 70.1 percent of trips made during the same period before the COVID-19 epidemic, said the ministry.


05

Chinese President Xi Jinping on Saturday expounded on what the past 110 years have shown to the Chinese people since the Revolution of 1911 while addressing a meeting marking the 110th anniversary of the historical event.


06

China's economy is likely to gain a firmer footing in the remainder of the year amid improved COVID-19 control situation and expected policy fine-tuning that will give more priority to stabilizing economic growth, experts said on Friday.


07

The State Administration for Market Regulation, China's top market regulator, imposed a fine of 3.442 billion yuan ($534 million) on food delivery giant Meituan on Friday for monopolistic behavior.Industry experts said that it is a landmark event that indicates the country's enhanced but increasingly clear regulation of monopolistic behavior, which will protect fair market order and drive the sustainable development of the platform-based economy.




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



Author: Producer Emilio Mendez

Speaker: Caroline Parraguez

Edition: EAcham




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