20200604 China News
Source: | Author:eacham | Published time: 2020-06-04 | 597 Views | Share:

Global PC and tablet shipments will see a 7 percent decrease to 367.8 million units this year from 395.6 million units in 2019 due to the global economic recession caused by COVID-19 outbreak, according to market research company Canalys in a Tuesday report.



Premier Li Keqiang has called for heightened measures to reduce the financing costs of smaller businesses with steps to raise their lines of credit and allow them to use intellectual property rights as collateral to obtain loans.

Chinese search giant Baidu Inc is accelerating its steps to commercialize self-driving technology as part of its broader drive to boost the smart transportation industry across the nation.



Chinese consumers' passion for online purchases has been sparked again with this year's June 18 shopping carnival, which kicked off on Monday, as e-commerce platforms accelerated efforts to offer steep discounts and shopping coupons and use livestreaming product promotions to boost an economy hit hard by the novel coronavirus pandemic.

China has been speeding up the resumption of major railway construction with a total of 115 under-construction projects nationwide having fully resumed work, the China State Railway (CSR) Group Co Ltd said.

Alibaba will stick to exploring and developing overseas businesses, an official from the company's innovation business said, as media reported the company has shrunk its content globalization strategy.


Shanxi Xinghua Cun Fen Chiew Group, a leading Chinese liquor maker, is ramping up efforts to expand its presence in overseas markets and drive its digitalization push to combine online and offline sales channels, said company Chairman Li Qiuxi.


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

Author: Producer Emilio Mendez

Speaker: Caroline Parraguez

Edition: EAcham



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