20190627 China News
Source: | Author:eacham | Published time: 2019-06-27 | 330 Views | 🔊 Click to read aloud ❚❚ | Share:

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OneConnect, a financial technology service company under Ping An Group, announced a plan to explore the role of innovative technologies in sales, risk management, and operations in the insurance sector, a move to tap China's rapidly developing fin-tech industry.

 

Alibaba Group Holding Ltd announced on Tuesday major upgrades to its Tmall online shopping site as the e-commerce giant tried to guard its retail supremacy against rivals such as archrival Tencent Holdings Ltd.

 

China Mobile, world's largest telecom carrier by mobile subscribers, announced the delivery of over 10,000 5G terminals on Tuesday, which was the country's first large-scale delivery of 5G devices just weeks after the issuing of official 5G licenses.

 

The municipal government of Shanghai said it will make Pudong New Area contribute more to the high quality development of the nation and achieve the goal of 2 trillion yuan ($290.7 billion) GDP (gross domestic product) in seven years, official sources said on Tuesday.

 

The People's Bank of China (PBOC) on Wednesday issued 30 billion yuan (about $4.36 billion) worth of central bank bills in Hong Kong.

 

China has issued a new document on developing the country's housekeeping service sector, aiming to promote the quality and market capacity of the sector.

 

Retailer Walmart China launched its first Blockchain Traceability Platform on June 25, allowing consumers to acquire more knowledge on products -- from sources, logistics and testing results -- and empowering suppliers to better safeguard food safety.

 
Source:Globaltimes, Xinhuanet, Chinadaily, Shine, Gdtoday,China Plus News
Author: Producer Emilio Mendez
Speaker: Caroline Parraguez
Edition: EAcham

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