20190801 China News
Source: | Author:eacham | Published time: 2019-08-01 | 876 Views | 🔊 Click to read aloud ❚❚ ▶ | Share:

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China is to ramp up its efforts to rein in unwanted steel output, especially that which is substandard and polluting, in order to contain risks from excess capacity and promote high-quality development in the steel industry, key industry officials said during the China Iron and Steel Association's annual midyear convention on Monday.

Urumqi Customs in Northwest China's Xinjiang Uygur autonomous region said they handled the trade of 3.95 billion yuan ($573 million) worth of agricultural products in the first half of the year, up 33.5 percent year-on-year.

At least 77 people were injured Tuesday after two double-decker buses collided just outside the Tai Lam Tunnel in Hong Kong, according to the Information Services Department of China's Hong Kong Special Administrative Region government.

Huawei Technologies Co said on Tuesday that it posted 401.3 billion yuan ($58.3 billion) in revenue in the first half of 2019, marking a 23.2 percent year-on-year jump, despite all the restrictions it faces from the United States government.

Shanghai has unveiled an accelerator project to boost the use of artificial intelligence in the medical field as it upped the ante in driving AI applications across several industries.

More capital is needed to bolster the development of chip manufacturing in China, as the nation strives to reduce reliance on foreign technologies in case of a wider US export ban on the sector, investors and analysts said.

Theme parks, several research houses aver, is the next big chapter in China's ongoing consumption upgrade saga, after the surge in outbound tourism flights and a spike in cinema screens. The Themed Entertainment Association, a tourism and entertainment trade group, projects in China to be home to the world's largest theme park facilities by 2020.

Source:Globaltimes, Xinhuanet, Chinadaily, Shine, Gdtoday，China Plus News

Author: Producer Emilio Mendez

Speaker: Caroline Parraguez

Edition: EAcham


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