The China Association of Automobile Manufacturers expects sales of electric vehicles and plug-in hybrids to reach 1.6 million this year, up from 1.2 million last year.
The Chinese animated feature film Lotus Lantern produced by Shanghai Animation Film Studio marked a milestone in the domestic animated movies.
The Chinese mainland ranked third among the Philippines' top 10 export markets, according to the Philippine Statistic Authority (PSA) data. "(The Philippine export to Chinese mainland) went up by 8.9 percent from 9.12 million in the same month of 2017," the PSA said.
The Chinese economy, unlike any other economies in the world, is diversified, epitomized by the top-tier cities encountering some challenges, while second- and third-tier cities gain growth momentum, said Wang Hua, managing partner of Sinovation Ventures.
The Chinese economy returned to growth in the second quarter, marking an important milestone in the global struggle to recover from the virus shutdowns, the report said.
The ChiNext Index, tracking China's NASDAQ-style board of growth enterprises, gained 0.9 percent to close at 2,785.62 points Thursday.
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The Chinese government has rolled out measures to facilitate foreign companies in smoothly resuming production and to restore their earnings strength.
The China-ASEAN Member States Information Ministerial Meeting in Suzhou, Jiangsu province, aims at deepening the China-ASEAN strategic partnership for peace and prosperity and boosting mutual media exchanges and cooperation.
The China Research Institute of Film Science and Technology approved the license for Smart Cinema, a joint venture among Linksus Digiwork Marketing Consulting Co Ltd, Shenzhen Dingjunshan Technology Co Ltd and several other investors, to develop and run the platform. The legendary film executive Dr Jack Q. Gao, former senior vice president of Wanda Cultural Industrial Group and CEO of International Investments and Operations of Dalian Wanda Group, has become CEO of Smart Cinema.
The Chinese economy is likely to witness normal growth next year, as the economic effect of the COVID-19 pandemic may diminish, and the government will continuously boost domestic demand, support innovative development and improve the business environment, experts said.