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Centrally-administered State-owned enterprises have played a stellar role in preventing the spread of the novel coronavirus and controlling the COVID-19 epidemic, said China's top State assets regulator.
Global cruise lines may be in choppy waters right now due to the COVID-19 pandemic, but mergers and acquisitions (M&A) are keeping the Chinese shipping industry's hopes for a bright future, and a leading role in the world market, buoyantnow that they have created the world's largest shipbuilder by production capacity, with total assets of 790 billion yuan ($112 billion).
Tencent Holdings Ltd has announced to make the module of a novel coronavirus-related mini-program open source to software developers worldwide, a move that serves to help more people access virus-related information using technologies.
Local authorities in a growing number of Chinese cities are offering subsidies and increasing the number of available license plates to encourage vehicle purchases in the country.
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.
The COVID-19 pandemic has sent the world economy into a potential recession, and some experts believe the worst is yet to come. It is, therefore, sensible for China to adjust policy plans to weather the possible external blow in the second quarter of this year.
China has made considerable progress in speeding up production and resumption of work, as over 76 percent of small and medium-sized companies had restarted work as of Saturday, according to the nation's top industry regulator.
Author: Producer Emilio Mendez
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