20220708 China News
Source: | Author:eacham | Published time: 2022-07-08 | 838 Views | Share:



01

Sinobo Group, a Chinese conglomerate whose business spans sports, entertainment, commerce and technology, unveiled its metaverse platform on Wednesday, as the Beijing-based company steps up push to explore the application of cutting-edge digital technologies to support real economy.

 

02

Beijing will offer vouchers worth 100 million yuan ($14.92 million) to spur consumption in the catering sector this year, Beijing Daily reported. The coupons will be available both online and offline from July, and preparations are underway for the rollout, Guo Wenjie, deputy director of the Beijing Municipal Commerce Bureau, said on Thursday.

 

03

The Chinese mainland on Wednesday reported 94 locally transmitted confirmed COVID-19 cases, including 39 in Anhui and 32 in Shanghai, the National Health Commission said on Thursday.Altogether 244 local asymptomatic carriers were newly identified in 10 provincial-level regions.

 

04

China's service trade value grew 22 percent year-on-year in the first five months of 2022, data from the Ministry of Commerce showed on Thursday. Total trade value stood at 2.365 trillion yuan ($352.98 billion), according to the data.

 

05

A pullback of all the additional tariffs on China made by the United States will have substantial effects on curbing US inflation, and early action will benefit enterprises and consumers quickly, according to Shu Jueting, spokeswoman of the Ministry of Commerce on Thursday.

 

06

US tech giant Amazon is banking on the burgeoning cross-border e-commerce in China and anticipates Chinese consumers' purchasing demand to rebound in the second half, said Li Yanchuan, head of Amazon China Global Store and Prime.

 

07

Shandong province will offer new coupons worth 200 million yuan ($29.82 million) this month to spur consumer demand for cars, according to a statement released online by the Shandong Department of Commerce on Wednesday.


 

Author: Producer Emilio Mendez

Speaker: Caroline Parraguez

Edition: EAcham




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