20200221 China News
Source: | Author:eacham | Published time: 2020-02-21 | 984 Views | 🔊 Click to read aloud ❚❚ ▶ | Share:
China is likely to keep creating over 11 million new urban jobs annually in the next few years as employment demand stays strong, the country's central bank said.


Chinese tech giant Lenovo reported record highs of quarterly revenue and pre-tax profit in the third quarter of the 2019/2020 fiscal year as its smart devices and services businesses further gained ground.


The novel coronavirus outbreak will have a limited impact on China's semiconductor industry since most local wafer manufacturing plants are operating normally and chip design companies can choose remote work to mitigate the fallout from the epidemic, the companies concerned and analysts said.

 

The China Federation of Logistics and Purchasing (CFLP) has proposed a set of policies to help restore logistics activities, calling for prioritizing work resumption in the sector due to its key role in ensuring the provision of medical supplies and daily necessities.



Companies in China can apply for exclusion from additional tariffs on some US imports during a certain period, and the Chinese government supports companies importing goods from the United States based on "commercial considerations", the Customs Tariff Commission of the State Council said on Tuesday.


China has announced a cut on corporate contributions to the old-age pension, unemployment and workplace safety insurance funds by at least 500 billion yuan ($71.3 billion) this year, a larger burden of relief for social insurance payment on enterprises than last year.


China is likely to keep creating over 11 million new urban jobs annually in the next few years as employment demand stays strong, the country's central bank said.


Chinese artificial intelligence pioneer SenseTime is using cutting-edge technologies to enable students to study free AI curriculum online amid the novel coronavirus outbreak. The move is part of SenseTime's broader efforts to popularize knowledge about AI among students and teachers, which can help cultivate better talent.



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

Author: Producer Emilio Mendez

Speaker: Caroline Parraguez

Edition: EAcham

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