20220329 China News
Source: | Author:eacham | Published time: 2022-03-29 | 1187 Views | Share:



01

Tencent Holdings Ltd recognizes that a "new paradigm" is taking shape in the internet industry and will adopt a cautious stance on business expansion henceforth, its top executives said late on Wednesday, after reporting the company's slowest pace of revenue growth in years.

 

02

Shanghai's airports, railway stations and international cargo transports will operate normally during the city's staggered lockdown on either side of the Huangpu River through April 5. Also, the emergency departments of local hospitals will continue offering medical services. Each district will have designated hospitals to receive patients under lockdown, authorities announced on Monday.

 

03

The Chinese mainland on Sunday reported 1,219 locally transmitted COVID-19 cases, the National Health Commission's Monday report showed. Of the new local infections, 1,086 were reported in Jilin, 50 in Shanghai, 12 in Liaoning, and 10 in Heilongjiang.

 

04

China has announced tax-relief policies for parents rearing children under 3 years old, according to a State Council circular issued on Monday. Starting Jan 1, 2022, the individual taxable income of such parents can be reduced by a total of 1,000 yuan ($157) per month for each baby, said the circular.

05Since the COVID-19 outbreak, development gaps between nations due to different levels of anti-COVID measures have exacerbated divergences in the global economy, generating even more risks facing the Chinese economy this year. In view of the external environment, there are three major challenges in this situation China now is confronting.

 

06

China's industrial profits increased at a faster pace in the first two months of the year despite pressures from a complicated and grim economic situation at home and abroad, the National Bureau of Statistics said on Sunday.

 

07

Short video-sharing app TikTok added Thailand, Vietnam and Malaysia into its shop destinations this month, expanding its e-commerce footprint in Southeast Asia, after early overseas trials in Indonesia and the UK.




Author: Producer Emilio Mendez

Speaker: Caroline Parraguez

Edition: EAcham


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