Economic Watch: "Contactless" economy booms amid epidemic
With only around 15 books sold per day and half of them purchased by employees, OWSpace recently released a letter on social media platform WeChat seeking crowdfunding to support its operation.
Macro
Chinese enterprises embrace livestream e-commerce amid epidemic
Sun Laichun, founder of the domestic skincare brand Forest Cabin, describes the past few weeks as the "darkest hours" for the company as its offline sales volume during the Spring Festival holiday was only about 5 percent of the same period last year.
Financials
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China ramps up efforts to help small businesses tide over tough time
China rolled out a raft of measures on Sunday to provisionally defer loan payments for small businesses to tide them over the difficulties amid the epidemic.
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China steps up support for self-employed businesses amid epidemic
China will increase support for self-employed businesses to help them counter the impact of the COVID-19, an official guideline said Friday.
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Companies
Courier giant SF Holding sees robust performance in 2019
China's courier giant SF Holding reported steady growth in revenue and profits last year as new business expanded rapidly and efficiency improved, according to firm's latest performance results.
Chinese machinery giant resumes exports amid epidemic control
Xuzhou Construction Machinery Group has managed to complete overseas deliveries despite difficulties caused by the novel coronavirus outbreak, the company said Saturday.
Baidu reports 5-pct revenue growth in 2019
China's leading search engine and AI tech firm Baidu on Friday reported total revenues of 107.4 billion yuan in 2019, representing a 5 percent year-on-year growth.
