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Britain can't afford a complete Huawei cutoff: experts

The UK can't afford to reverse course on Huawei's involvement in its 5G network rollout, Chinese experts said on Monday, urging London not to hit the self-destruct button in terms of its economic ties with Beijing.
Source: Global Times | 2020/6/15 19:52:01

Hong Kong is the bridge between the world, Chinese mainland: HKEX chief

The Hong Kong Special Administrative Region (HKSAR), one of the world's most important financial hubs, will continue to play its role as a bridge between the Chinese mainland and the world, Hong Kong Exchanges & Clearing (HKEX) Chief Executive Charles Li Xiaojia said on Monday.
Source: Global Times | 2020/6/15 19:37:03

China's economy is recovering in May, but statistics underline growth difficulty

China's industrial output, fixed-asset investment and retail sales continued to rebound in May, the second full month after the world's second-largest economy reopened after it largely contained the COVID-19 outbreak.
Source: Global Times | 2020/6/15 19:28:40

Returnees from mainland, Macao, Taiwan to HK exempted from 14-day quarantine

Nearly 10,000 people returning from Chinese mainland, Taiwan Island and Macao n to the Hong Kong Special Administrative Region (HKSAR) had been exempted from the compulsory 14-day self-isolation as of Friday, as Hong Kong eased quarantine rules, data showed.
Source: Global Times | 2020/6/15 19:03:40

Ensuring agricultural imports from BRI countries necessary despite virus fears

After months with almost no new COVID-19 infections in Beijing, there are renewed concerns of a resurgence of domestic transmissions. Dozens of new cases have been reported in recent days. According to local health officials, all cases can be traced back to the Xinfadi market, Beijing's largest wholesale food market, where a chopping board used to cut imported salmon tested positive for coronavirus.
Source: Global Times | 2020/6/15 18:53:40

Promoting Green Belt and Road

Some say COVID-19 made the spring of 2020 a “silent spring”, triggering a rethink of human relationship with nature. Throughout history, mankind has exploring their relationship with nature. The Chinese civilization advocates the unity of man and nature, and following the laws of nature. Buddhists prefer famous mountains as locations to practice their faith. And Marxist ecological philosophy highlights the harmony between man and nature.
Source: Global Times | 2020/6/15 18:38:40

Grocery prices jump in Beijing as new outbreak shuts wholesale markets

Groceries in Beijing see sharp price rises following the shutdown of six major wholesale markets in the Chinese capital city of more than 20 million.
Source: Global Times | 2020/6/15 17:02:53

Update: Chinese economy in May continues on path to recovery

China's industrial output, investment and retail sales continued to rebound in May, the second full month after the world's second-largest economy resumed work and production as the worst of the coronavirus epidemic had passed in China. However, weakening recovery momentum underlined the difficulty of a complete economic reboot.
Source: Global Times | 2020/6/15 13:23:40

Canton Fair goes digital, greeted by massive foreign customers

Going digital for the first time, the twice-yearly China Import and Export Fair, known as the Canton Fair, has drawn a warm response from foreign customers eager to engage with Chinese suppliers despite COVID-19, which has ravaged global trade and many economies.
Source: Global Times | 2020/6/14 21:43:40

Beijing restaurants brace for another hit from new COVID-19 cases

Restaurants in Beijing, especially Japanese restaurants are feared to take another hit from the latest wave of COVID-19 cases, despite having barely recovered from the previous lockdown, as health authorities upgraded the control level for the industry amid concerns over possible coronavirus resurgence.
Source: Global Times | 2020/6/13 18:16:34

Beijing wholesale markets closed over new COVID-19 cases, raising concerns over food prices

Six wholesale markets in Beijing have been fully or partially closed after several cases of COVID-19 were confirmed this week, raising concerns over potential food price hikes in the city.
Source: Global Times | 2020/6/13 15:18:49

China's top securities regulator steps up technological supervision

China Securities Regulatory Commission (CSRC) recently launched a new department for science and technological supervision, which aims to build a big data system encompassing a variety of capital market information resources.
Source: Global Times | 2020/6/12 12:28:10

CEO livestreaming a new trend in China to boost sales

A total of 10 executives from tech firms including Baidu, Huawei, Lenovo and iFlytek, showed up in livestreaming on e-commerce platform JD.com on Thursday night to boost sales of their latest products.
Source: Global Times | 2020/6/11 23:34:21

China accelerating hydrogen construction, but still lacks top-level design

China has deployed the hydrogen industry in many provincial-level regions, but insiders think China is still lacking in top-level design, and needs to produce hydrogen in an environmentally and economically sound way.
Source: Global Times | 2020/6/11 23:12:28

US consumer prices fall for 3rd straight month in May

U.S. consumer prices fell for a third straight month in May as the COVID-19 fallout continues to ripple through the country, the Labor Department reported on Wednesday.
Source: Xinhua | 2020/6/11 12:28:20

NetEase shares see sharp jump at opening on first day trading in Hong Kong

Shares of Chinese company NetEase jumped over 8 percent on Thursday, the company's first day of trading since listing in Hong Kong.
Source: Global Times | 2020/6/11 12:04:54

Diplomats from 16 countries sell products through livestreaming

Diplomats from 16 countries joined the mid-year "618" shopping festival on Alibaba's Tmall Tuesday, attracting 9 million netizens and selling millions of products through livestreaming.
Source: Global Times | 2020/6/10 21:38:40

Foreign buyers eye e-trade exhibitions

With few trade events being held around the world amid the coronavirus pandemic, foreign buyers and company representatives are eager to participate in online events held by China, including the upcoming Canton Fair, which observers said could offer an efficient and convenient platform to buy necessities and do business.
Source: Global Times | 2020/6/10 21:28:00