Key meeting sums up China's experience in developing economy amid severe challenges
The annual Central Economic Work Conference that concluded on Friday summarized China's experience in developing economy in the face of severe challenges.
Macro
China's new development philosophy heralds economic miracle
As the year draws to an end, China is expected to become the only major economy to record positive growth in 2020.
Industries
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Revenue of China's mobile game industry soars
Revenue of China's mobile game industry soared by an estimated 32.61 percent year on year to nearly 210 billion yuan in 2020, industry data showed.
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China tightens regulations on livestreaming e-commerce
Li Hao (pseudonym), a 26-year-old state-owned enterprise employee in Beijing, never expected that a birthday gift from a livestreaming platform would spoil the birthday party of his girlfriend.
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Companies
China Molybdenum buys 95 pct stake in DRC copper-cobalt mine
China Molybdenum Co., Ltd. has acquired a 95-percent stake in the Kisanfu copper-cobalt mine in the Democratic Republic of Congo (DRC) from U.S.-based Freeport-McMoRan Inc. for 550 million U.S. dollars.
German pump giant to build plant in east China city
The Wilo Group, one of the world's leading providers of pumps and pump systems, has signed an agreement to build a plant in the eastern Chinese city of Changzhou.
Maserati China's managing director confident in Chinese auto market
Although the global auto industry has been hit hard by the COVID-19 pandemic, the sales volume of Maserati China has rebounded and the luxury car brand from Italy plans to introduce new models to the Chinese market next year.
