20190707 China News
Source: | Author:eacham | Published time: 2019-07-07 | 775 Views | 🔊 Click to read aloud ❚❚ ▶ | Share:

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A group of banks have announced that they will provide up to 440 billion yuan ($64.2 billion) in financial support to companies in the Tianjin Economic-Technological Development Area (TEDA), the highest of its kind in the area's history.

Chinese authorities have announced that the tax exemptions on new energy vehicles (NEVs) purchases will continue through 2020 to boost the country's green development and retain a strong domestic market.

China's securities regulator has approved an application for an initial public offering (IPO) by Chinese broker Nanhua Futures.

Two buses carrying 55 Germans all the way from Germany to China along ancient routes have arrived in Shanghai on the last stop of their 53-day, 13,000-kilometer cultural expedition.

With around 10 kilograms of Ugni Blanc grape being fermented into wine and then distilled twice to age in oak barrels for at least six years, a bottle of 700 ml Koya brandy is created, giving Chinese consumers more choices for high-end brandy.

Construction services firm China CAMC Engineering Co Ltd is further expanding its presence in Africa and looking to participate in more local projects via investment-construction-operation, a senior company executive said.

More efforts are needed from Chinese companies to explore the potential of massive data as mounting firms globally own "dark data" and very few know how to use it, an industry insider said during the three-day Annual Meeting of the New Champions 2019, also known as Summer Davos, which ended Wednesday in Dalian, Liaoning province.

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

Author: Producer Emilio Mendez

Speaker: Caroline Parraguez

Edition: EAcham





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