20220615 China News
Source: | Author:eacham | Published time: 2022-06-15 | 1022 Views | Share:



01

Tencent won first place in a ranking of listed companies' brand value in 2022, followed by Alibaba, Kweichow Moutai, China Mobile and JD, according to a report jointly released by National Business Daily and the China Business Research Center of School of Economics and Management at Tsinghua University.

 

02

China's cloud service market has taken a leading role in the world in terms of growth, with Alibaba Cloud still in pole position and Baidu Cloud's revenue witnessing the fastest growth increase according to a report on guancha.cn, an online news and comments aggregator, on Thursday.

 

03

Shanghai reported 11 locally transmitted COVID-19 cases, 26 local asymptomatic infections and two imported cases on Sunday, said the Shanghai Health Commission on Monday morning.

 

04

On May 12, Chinese bio-pharmaceutical company Sinovac Biotech began building a vaccine factory in Quilicura, Chile, with a designated annual production capacity of 50 million doses.


05

International investors have been pursuing Chinese assets in both the onshore and offshore markets over the past month, and this trend will continue in the coming weeks as the country's economy rebounds due to strong policy support from the investment and consumption sector, market analysts said.


06

China's Small and Medium Enterprises (SMEs) Development Index, based on a survey of 3,000 SMEs, edged down 0.1 points from the previous month to 88.2 in May, the latest industry data showed.

 

07

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.




Author: Producer Emilio Mendez

Speaker: Caroline Parraguez

Edition: EAcham




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