20210726 China News
Source: | Author:eacham | Published time: 2021-07-26 | 667 Views | Share:

01

China's software and information technology service industry recorded booming business volume in the first half of this year, with revenues reaching 4.42 trillion yuan ($682.86 billion), up 23.2 percent year-on-year, a compound increase of 14.7 percent in past two years, official data showed.



02

German carmaker Mercedes-Benz planned to fully switch to electric drive by the end of the decade if market conditions allowed, the company announced in a press release on Thursday. The shift to fully electric vehicles is "picking up speed," said Ola Kaellenius, CEO of Daimler and Mercedes-Benz. "The tipping point is getting closer and we will be ready as markets switch to electric-only by the end of this decade," he added.


03

China's futures market has become increasingly attractive to asset allocation with its clients' equity reaching 1.09 trillion yuan ($168.2 billion), which is twice the figure at the beginning of last year, a regulatory official said.


04

Team China made a strong start on Saturday at the Tokyo Olympic Games with three gold medals and one bronze medal, sparking waves of joyful cheers among Chinese audiences.In the morning, Chinese athlete Yang Qian claimed the first gold medal of the Tokyo Olympic Games in the women's 10m air rifle, which is also the first gold medal for Team China. Yang won gold with 251.8 points, a record-breaking score. 


05

China is paving the way for the central region to power ahead, with the focus on boosting high-quality development and promoting high-level opening-up, according to a new guideline released on Thursday.


06

Santen Pharmaceutical Co Ltd, a Japanese company that specializes in ophthalmology, said that by leveraging local capabilities in research and development as well as production, it will continue to increase its investment in China, one of its most important markets.


07

China's State assets regulator on Thursday said that centrally administered State-owned enterprises (SOEs) have donated a total of 686 million yuan ($106 million ) to the flood-hit central province of Henan.By 12 pm Thursday, the first group of 59 central SOEs had made donations, said the State-owned Assets Supervision and Administration Commission of the State Council.



Source:Globaltimes,Xinhuanet,Chinadaily,Shine,Gdtoday，China Plus News

Author: Producer Emilio Mendez

Speaker: Caroline Parraguez

Edition: EAcham




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