Guizhou province in Southwest China is banking on transforming the local agricultural industry, providing roads to every village, and further integrating the big data sector with the real economy to advance its high-quality development, according to provincial officials.
Declaring that villages and their residents are a top economic priority, the local government of Xi'an, capital of Shaanxi province, is committed to further boosting a rural revitalization strategy through a series of key initiatives in poverty alleviation.
Developing industries is the basis for targeted poverty alleviation. In recent years, Xi'an has exerted great efforts in innovating new models to lift more people out of poverty.
Growing demand for organic light-emitting diodes (OLEDs), thanks to foldable smartphones and the country's efforts to boost the ultra-high-definition video industry, is expected to create new growth opportunities for the display panel sector, said industry insiders.
China Petroleum and Chemical Corp or Sinopec, one of the world's largest refiners, continued to lead its peers in net profits for three consecutive years, thanks to its refining and downstream integration advantages.
Zhejiang Geely Holding Group is stepping up efforts in overseas markets, especially those involved in the Belt and Road Initiative, for tangible results, said senior executives at the Chinese conglomerate.
Zhang Ying, 32, a white-collar worker in Beijing, is a jewelry lover. She prefers watching livestreaming videos via some cross-border e-commerce platforms to buy foreign products in her spare time.
China has for a second consecutive year topped the trust index survey among 27 markets, with people's trust in institutions rising by five points to 79, said a recent report.
The science and technology innovation board at the Shanghai Stock Exchange is making steady progress as the bourse announced on Friday the list of the first nine companies that have submitted all the necessary application documents.
French department store chain Galeries Lafayette is planning to open about 10 stores and achieve revenue of 1 billion euros ($1.13 billion) by 2025 in China, a top company official said.
Scrips of listed companies in the A-share market have sped up on buybacks in the past few months, insiders said.
BEIJING - New bank loans in China fell in February mainly due to seasonal factors, but market liquidity will likely stay ample, analysts said.
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Raymond Zhou
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