20220426 China News
Source: | Author:eacham | Published time: 2022-04-26 | 820 Views | Share:


China Mobile, one of the country's leading telecommunication operators, reported net profit growth of 6.5 percent year-on-year in the first quarter of 2022. The company's net profit stood at 25.6 billion yuan ($3.96 billion) in the first three months, the company said in a statement.



Chinese smartphone vendor Vivo has unveiled its second self-designed chip as part of its broader push to beef up its research and development capabilities.Known as V1+, the new chipset is designed to boost professional imaging and display performance of smartphones. The first model equipped with the new chip will be the X80 series, scheduled to be released next week.



With the future power supply growth coming mostly from nonfossil energy in China as the country is going through a green energy transition, nuclear power will be crucial for China to reach its carbon peak goal by 2030, said analysts. After years of preparations, comprehensive assessment and review, approval has been granted for projects of new nuclear power units identified in national plans in Sanmen, Zhejiang province, Haiyang, Shandong province, and Lufeng, Guangdong province, according to a decision made at the State Council's executive meeting chaired by Premier Li Keqiang on Wednesday.



The Chinese steel industry must adhere to green and low-carbon development, churning excessive output while also pursuing stable growth, according to government officials and experts on Saturday. They made the remarks at a steel industry development forum, jointly held by the engineering management division of the Chinese Academy of Engineering and the China Metallurgical Industry Planning and Research Institute in Beijing.



A number of industries and enterprises playing a key role in the nation's industrial and supply chains have restored their production amid Shanghai's battle with COVID-19, in an effort to ensure the smooth flow of important production materials along the industrial chain, municipal government officials said on Friday.



The emerging metaverse technologies are expected to be integrated into a wide range of sectors including industry, agriculture, manufacturing, retail and consumption, and will fundamentally change the way people work and interact in their daily lives, experts and business executives said on Friday.



China's Ministry of Commerce (MOC) on Thursday said that it will work with related agencies to carry out pilot programs for the integrated development of domestic and foreign trade in selected regions.The move is aimed at clearing the institutional obstacles to the integration of domestic and foreign trade, helping market players make full use of the two markets and realizing the efficient operation of domestic and foreign trade, MOC spokesperson Gao Feng said during an online news briefing.

Author: Producer Emilio Mendez

Speaker: Caroline Parraguez

Edition: EAcham

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