China releases master plan for Hainan free trade port
Chinese authorities on Monday released a master plan for the Hainan free trade port, aiming to build the southern island province into a globally-influential high-level free trade port by the middle of the century.
Macro
China leverages monetary tools to channel funds into real economy
China's central bank introduced two new monetary policy instruments this month to directly channel funds into the real economy, another sign that the country's monetary policy will not slide into quantitative easing.
Financials
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Enterprises go virtual for sustained development
Livestreaming has now turned into a hotly contested avenue where big names in the real economy are exploring new growth engines.
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China steps up new infrastructure investment to empower cities of the future
It is a smart choice as it will not only counter the economic impact of COVID-19 in the short term but help China unleash its growth potential in the long run.
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Companies
China Unicom has 130,000 5G base stations in operation
China Unicom, one of the country's major telecommunications operators, said Friday it has about 130,000 5G base stations in operation nationwide.
Alibaba, Yiwu city team up for online small-commodities trade show
A trade show featuring small commodities will go online in August, according to a cooperation agreement between Alibaba.com and the commerce bureau of Yiwu, a city dubbed the "World's Supermarket."
Chinese automaker Geely's car sales up 20 pct in May
Chinese carmaker Geely reported a 20 percent year-on-year growth in car sales in May.
