Digital currency issued to boost Spring Festival consumption
Several Chinese cities are using digital RMB to boost consumption during the upcoming Spring Festival and promote the use of the new form of currency.
Macro
China's consumer inflation eases, factory-gate prices rise
China's consumer inflation eased while factory-gate prices rebounded in January, official data showed Wednesday.
Industries
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China's factory-gate prices rise in January as demand improves
China's producer prices went up in January amid a steady recovery in domestic demand, official data showed Wednesday.
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Old Chinese industrial base sees surging number of tech firms
Heilongjiang Province, part of the country's old northeastern industrial base, saw its number of high-tech enterprises jump by 54 percent year on year amid transformation efforts.
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Companies
China's food giant reports over 500 bln yuan revenue in 2020
China's biggest food trader COFCO has seen its revenue exceed 500 billion yuan in 2020, a historic high despite the impact of the COVID-19 epidemic.
Chinese automaker Geely's January sales soar 40 pct
Chinese automaker Geely Auto Group said Monday that its sales soared 40 percent year on year in January.
Chinese online marketing firm Baosheng Media goes public on Nasdaq
Baosheng Media Group Holdings Limited, a Beijing-based online marketing solution provider, made its public debut on the Nasdaq Capital Market on Monday under the ticker symbol BAOS.
