20220612 China News
Source: | Author:eacham | Published time: 2022-06-12 | 968 Views | Share:



01

China's exports rebounded vigorously in May, highlighting the nation's resilience in foreign trade, and the sector is expected to expand steadily in the months ahead given the effect of supportive policy measures that have been put in place to bolster the economy, industry experts and analysts said on Thursday.

 

02

China investigated and dealt with 175 cases of monopoly in 2021 amid efforts to strengthen the crackdown on monopolistic conduct and promote fair competition, said the country's top market regulator.

 

03

GCL Energy Technology Co, or called GCL-ET, a Chinese operator of clean energy projects, launched self-developed products, including three types of energy hubs - battery exchange ports for commercial, delivery and passenger vehicles, as well as sharing charging package and digital operation platform on Wednesday.

 

04

State Grid Corp of China said it will invest 90 billion yuan ($13.46 billion) to speed up urban power grid network construction this year.The attempt is meant to further ensure a steady power supply amid the upcoming summer demand peak in the country, said the Beijing-based State-owned enterprise.

 

05

Huawei Technologies Co said on Wednesday that more than 2 billion smartphones have been licensed to use its 4G or 5G patents in the past five years, as the Chinese tech giant continues its heavy spending on research and development to boost its technological prowess.

 

06

The Chinese mainland Thursday reported 30 locally-transmitted confirmed COVID-19 cases, including 15 in Inner Mongolia Autonomous Region, seven in Beijing, six in Shanghai and two in Liaoning, the National Health Commission said Friday.

 

07

China's producer prices rose at the slowest pace in May since March 2021 as the government took steps to coordinate COVID-19 control with economic development and stabilize industrial as well as supply chains in key sectors, the National Bureau of Statistics said on Friday.





Author: Producer Emilio Mendez

Speaker: Caroline Parraguez

Edition: EAcham




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