20191021 China News

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Oct.21

EAcham

China News

1A list of top 50 virtual reality (VR) firms of China was published for the first time at the 2019 World Conference on VR Industry, which opened Saturday in east China's Nanchang city.

2

Chinese local governments need new debt instruments to melt down bad loans and raise fund for infrastructures, said a famous economist on Friday.

 

3Foreign institutions will be allowed to move funds more easily in the interbank bond market, as part of China's latest efforts to push forward capital account opening and make the renminbi more attractive globally, according to monetary authorities.

4China's Renminbi (RMB) exchange rate is "at an appropriate level", judging both from economic fundamentals and from market supply and demand, Yi Gang, governor of the People's Bank of China, said Saturday in Washington.

5

The consumption is still strong in terms of the fast-moving consumer goods in the third quarter, reporting 5.6 percent growth in the third quarter year-on-year according to an industry report released on Oct 12.

6

Global learners are now taking control of their education with a "do-it-yourself" (DIY) mindset, adding to their formal education a mix of self-teaching, short courses and online learning to keep pace with the talent economy, according to the Pearson Global Learner Survey.

7China's new energy vehicle (NEV) sales and output posted robust growth in the January-September period against the backdrop of a sluggish broader automobile sector, industry data showed.

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ENDSourceGlobaltimes, Xinhuanet, Chinadaily, Shine, GdtodayChina Plus News

Author: Producer Emilio Mendez

Speaker: Caroline Parraguez

Edition: EAcham

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