China's economy on recovery path, challenges ahead
China's economic activities continued to normalize as the latest data on industrial output, retail sales and investment showed across-the-board improvements, but the recovery still faces uncertainties and challenges from the global spread of the novel coronavirus.
Macro
China's consumer inflation eases to 3.3 pct, factory prices deepen fall
China's consumer inflation eased further in April on falling food prices as the country fast-tracks restoration of economic activities, while factory-gate prices continued to be bogged down by epidemic-dented demand.
Financials
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China boosts financial support for Greater Bay Area
A financial support guideline for the development of the Guangdong-Hong Kong-Macao Greater Bay Area has been issued.
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China's economic recovery quickens amid improving leading indicators
Data showed that cargo transport rebounded to previous average level in April as economic activities are accelerating restoration nationwide.
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Companies
WeChat active in job creation in 2019: report
WeChat, China's popular multi-functional social media platform, created about 29.63 million job opportunities in 2019, report data showed.
Alibaba launches poverty relief initiative
China's e-commerce giant Alibaba launched on Wednesday the Poverty Relief Spring Thunder Initiative dedicated to combating poverty in the country's rural areas.
LEGO theme inspired by renowned Chinese legend debuts in Shanghai
Global toy giant LEGO Group Friday night launched its first theme inspired by a renowned Chinese legend in Shanghai.
