Factbox: China's progress in economic resumption

Source: Xinhua| 2020-09-24 16:35:43|Editor: huaxia

BEIJING, Sept. 24 (Xinhua) -- China's success in controlling COVID-19 means the economy is in a steady revival mode. The following facts and figures indicate how the country is forging ahead in resuming work and production:

-- The China Innovation and Entrepreneurship Fair 2020 kicked off Wednesday in Guangzhou, capital of south China's Guangdong Province, with more than 3,000 innovation and start-up achievements from home and abroad exhibited.

The three-day event focuses on artificial intelligence, intelligent manufacturing, energy conservation, new materials, aerospace, and other advanced technologies and products.

-- Shanghai Fashion Week will be held offline in the city's multiple fashion hotspots starting from Oct. 8 with strict epidemic control measures in place, according to the organizer.

-- The 2nd World New Energy Vehicle Congress will be held from Sept. 27 to 30 in Haikou, capital of south China's Hainan Province, focusing on the sustainable and healthy development of new-energy vehicles.

-- China will ramp up investment in eight strategic emerging industries to foster new growth drivers, according to guidelines jointly issued by four government departments, including the National Development and Reform Commission and the Ministry of Science and Technology.

-- Profits and revenues of China's state-owned enterprises and state-controlled firms continued to post year-on-year growth in August, the Ministry of Finance said Wednesday.

Total profits rose by 23.2 percent last month from the same period last year, while after-tax net profits jumped 25.8 percent year on year, according to a statement posted on the ministry's website. Enditem