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Amid the novel coronavirus epidemic, the growth rate of China's sharing economy will decline around 8 to 10 percent in 2020, and catch up again in the next two years, according to a report issued on Wednesday.
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To match the rapid trend of resuming work in Shanghai, the United Office Platform of Global Chambers (GCP) issued a preferential policy to provide foreign companies who join in the GCP before the end of March with two months of free co-working office space and amenities. Welcome to contact EAcham for more details.
China will fine-tune its coordination mechanisms to maintain stability in the six key areasemployment, finance, foreign trade, foreign investment, domestic investment, and market expectationsto more effectively manage the impact of the virus outbreak and promote sound economic and social development.
Growing fiscal actions taken by China are expected to help cushion the economic fallout from the novel coronavirus pneumonia outbreak, and more aggressive tax and fee cuts are likely to rescue companies with financial difficulties, the nation's tax authorities said on Tuesday.
China's consumer price index (CPI) growth is expected at 5 percent in February, narrowing from 5.4 percent in January, economists forecast.
Central State-owned China National Building Material Group Co Ltd has taken steps to resume operation in various sectors, giving priority to those which are related to epidemic control in the middle of joint efforts from State-owned enterprises to battle the novel coronavirus and support the economy.
SourceGlobaltimes, Xinhuanet, Chinadaily, Shine, GdtodayChina Plus News
Author: Producer Emilio Mendez
Speaker: Caroline Parraguez
Edition: EAcham
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