20200218 China News
Source: | Author:eacham | Published time: 2020-02-18 | 938 Views | 🔊 Click to read aloud ❚❚ | Share:
The leverage ratio of China's real economy increased last year, according to a report released by the National Institution for Finance and Development.



The leverage ratio of China's real economy increased last year, according to a report released by the National Institution for Finance and Development.


Some of the world's finest designer brands in the beauty and consumer retail sectors are donating sizeable funds to Chinese charities and local organizations to help combat the novel coronavirus epidemic.

 

Forbes China has unveiled its latest list of the country's top 100 businesswomen, with Dong Mingzhu, chairwoman of air conditioner supplier Gree Electric Appliances, ranking first.



China's internet television industry is likely to witness robust growth as radio and television companies are beefing up cooperation with local educational authorities and online education companies to offer students livestreaming courses, following the postponement of school semesters due to the novel coronavirus outbreak.


Telecom carriers are using big data analysis to help fight the novel coronavirus outbreak, by leveraging the data pool of China's billion-plus smartphone users. China Mobile, China Unicom and China Telecom are playing an active part in mining data insights to assist local governments in epidemic prevention and on the prerequisite of ensuring users' data privacy.


The local recovery rate for novel coronavirus pneumonia reached nearly 50 percent, experts announced on Monday. So far, 161 of 332 coronavirus patients have been discharged in Shanghai, according to the Shanghai Health Commission.


Foreign-funded enterprises in China have largely resumed operations after the prolonged Spring Festival holidays overshadowed by the novel coronavirus epidemic. The companies also are benefiting from policies bolstering businesses to help shore up confidence in the world's second-largest economy.



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

Author: Producer Emilio Mendez

Speaker: Caroline Parraguez

Edition: EAcham

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