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China News
Several Chinese automobile makers, smartphone assemblers and baby care product producers are starting to churn out medical masks at their revamped factories, as part of the nation's broader fight against the novel coronavirus outbreak.
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Deserted roads, near-empty subway cars and offices without workers are normally the last scenes you would expect to see in Beijing, especially after the weeklong Spring Festival holiday.
The Ministry of Finance disclosed on Tuesday that 1.848 trillion yuan ($264.9 billion) of a new local government bond quota has been allocated, much earlier than previous years, to accelerate the fundraising process and strengthen infrastructure investment to stabilize the economy.
China urged domestic companies conducting overseas business to tighten their management on the resumption of work, take epidemic prevention measures and make emergency plans, according to the Ministry of Commerce.
The Ministry of Industry and Information Technology, China's top industry regulator, said on Tuesday that it will step up efforts to facilitate companies to resume production, as part of the country's broader push to maintain economic stability amid the novel coronavirus outbreak.
Amid the gloom-and-doom scenario created by the novel coronavirus outbreak, Raz Galor, 26, an Israeli internet celebrity, showed how emerging individual-powered digital content business, which is popular with the younger generation, could make a difference to the society.
SourceGlobaltimes, Xinhuanet, Chinadaily, Shine, GdtodayChina Plus News
Author: Producer Emilio Mendez
Speaker: Caroline Parraguez
Edition: EAcham
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