BEIJING, June 6 (ABC): The Export-Import Bank of China (China EximBank), a state-owned policy bank, has issued financial bonds worth 5 billion yuan (about 749.7 million U.S. dollars) to facilitate the resumption of production and work in Shanghai. With a one-year maturity and an interest rate of 1.79 percent, the bonds were issued in the interbank bond market. The subscription …

SHENZHEN, June 6 (ABC): The southern Chinese metropolis of Shenzhen plans to build 20 advanced manufacturing industrial parks for strategic emerging sectors and industries of the future. The 20 industrial parks will cover a total area of 300 square kilometers in the districts of Bao’an, Guangming, Longhua, Longgang, Pingshan, and Shenshan, the municipal government announced on Monday. The move aims …

BEIJING, June 6 (ABC): Chinese enterprises’ investment in science and technology has continued to increase over the past decade, an official said Monday. Investment in science and technology by enterprises accounted for more than 76 percent of the country’s total research and development investment, said Minister of Science and Technology Wang Zhigang at a press conference. The number of China’s …

BEIJING, June 6 (ABC): China’s National Meteorological Center on Monday renewed a yellow alert for rainstorms in various parts of the country. From 2 p.m. Monday to 2 p.m. Tuesday, heavy downpours are expected to lash parts of Hunan, Jiangxi, Guangxi, Guangdong, Fujian, Taiwan, Yunnan and Liaoning, and some areas may experience up to 180 millimeters of rainfall. Some of …

BEIJING, June 5 (ABC): Chinese President Xi Jinping and Greek President Katerina Sakellaropoulou exchanged congratulatory messages on Sunday to celebrate the 50th anniversary of the establishment of diplomatic ties between the two countries. Xi pointed out that for half a century the two sides, with a historical perspective, have been keeping with the trend of the times, firmly supported each …

BEIJING, June 5 (ABC): Following a contraction in the previous month, China’s e-commerce logistics sector rebounded in May largely due to preventative measures against the COVID-19 epidemic, industry data showed. The index tracking e-commerce logistics activities stood at 104.3 points in the period, up 2.1 points from April, according to a survey jointly undertaken by the China Federation of Logistics …

BEIJING, June 5 (Xinhua) — China’s warehouse storage sector expanded in May, according to a survey jointly released by the China Federation of Logistics and Purchasing and CMST Development Co., Ltd. The index tracking the sector’s development rose 3.7 percentage points from April to 50.2 percent, putting it back in the expansion range, the survey showed. A reading above 50 …

BEIJING, June 5 (ABC): China’s second-hand housing market regained some lost ground last month as the country eases financing and restrictions for home buyers, according to a report by the Beike Research Institute. In May, the sales volume of previously-owned homes in 50 cities rose by about 14 percent from a month ago, according to the report. More than 80 …

BEIJING, June 05 (ABC): Beijing has issued an action plan to gear up business operation and consumption as the epidemic eases in the city. According to the plan announced by the Beijing Municipal Government on Thursday, the Chinese capital will upgrade its “white list” of key enterprises in line with different classifications and dynamic management. It aims to facilitate the …

URUMQI, June 05 (ABC): The Tarim Desert Road, which traverses the Taklimakan Desert in northwest China’s Xinjiang Uygur Autonomous Region, has been turned into a zero-carbon one, thanks to a transformation project completed Thursday for the irrigation system along its shelterbelt. After the transformation project, shrubs along the road are now irrigated with the help of solar power-fueled pumps, instead …