Business
Profits of China's major industrial firms dropped 19.3 percent year on year in the first five months of 2020 due to the COVID-19 impact, official data showed Sunday.
Shanghai Stock Exchange's sci-tech innovation board, commonly known as the STAR market, has continued to drive the momentum of initial public offerings (IPOs) on the A-share market, according to the consulting firm Ernst & Young.
China's shipment of wearable devices shrank in the first quarter of the year, an industry report showed.
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China is eyeing "new infrastructure" projects to offset the economic impact of the novel coronavirus disease (COVID-19) and boost sustainable growth.
Online orders for non-epidemic prevention products have been on the rise in China as novel coronavirus epidemic levels off.
The coronavirus outbreak is unlikely to shatter China's role in the international supply chain in an increasingly interconnected world economy as the country continues to make headway in containing the virus.
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