20200603 China News
Source: | Author:eacham | Published time: 2020-06-03 | 965 Views | Share:
Shanghai-based chip maker Semiconductor Manufacturing International Corp aims to raise about 20 billion yuan ($2.80 billion) selling shares in Shanghai, the company said in a prospectus.
Hubei province, the region in China that was hit hardest by the novel coronavirus pandemic, has stepped up efforts in screening for and managing asymptomatic COVID-19 cases to give people assurance about the epidemic control situation in the province, the Party chief of the province said.

The world heritage Potala Palace in the Tibet autonomous region has announced its reopening on Wednesday, ending a more than four-month closure due to the novel coronavirus outbreak.

Universities in Wuhan, Hubei province, will start to welcome students in graduating classes from June 8, according to notices issued by the universities on Monday.
China's 2.5 trillion yuan ($351.2 billion) tax relief plan for this year will help ease financial strains and accelerate production recovery of enterprises with key measures like further cuts in the value-added tax rates and social security contributions, experts said on Monday.

China's manufacturing sector expanded at the highest rate last month since the COVID-19 outbreak, as the rebound in production quickened, a private survey said on Monday.

Taiyuan Iron & Steel (Group) Co Ltd or TISCO, a leading stainless steel-maker, will continue to increase its investment in technological innovation and research and development of world-leading high-tech stainless steel products, as part of its broader drive to support the transformation and upgrade of country's manufacturing industry, a top company official said.

Shanghai-based chip maker Semiconductor Manufacturing International Corp aims to raise about 20 billion yuan ($2.80 billion) selling shares in Shanghai, the company said in a prospectus.

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

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