Briefly

Gold reserves rise for 15th consecutive year

China's gold reserves have grown every year for the last 15 years, reaching 14,727.16 tons by 2020, according to a yearbook published by the China Gold Association (CGA). Despite factors like the COVID-19 epidemic and policies related to mining rights, the country's gold output still ranked the top in the world, standing at 365.35 tons in 2020. This represents a decline of 14.88 tons, or 3.91 percent, from the same period in 2019.

China Unicom mulls spinoff of smart unit

China Unicom (Hong Kong) Ltd, a major Chinese telecom operator, said on Thursday that it is considering the proposed spinoff and separate listing of China Unicom Smart Connection Technology Ltd in the nation's A-share market. China Unicom Smart Connection Technology's businesses focus on the field of internet of vehicles, including smart connection, smart operation and smart application.

Euro-Asia Economic Forum scheduled

The 2021 Euro-Asia Economic Forum will be held from Oct 18 to 20 in Xi'an, Northwest China's Shaanxi province, the organizing committee said during a news conference in Beijing. Themed on seizing new opportunities for cooperation and embarking on a new journey of development, the forum aims to step up policy coordination using new opportunities for coordinated regional development and economic recovery to further unleash the potential of regional cooperation, and promote solid and deeper Euro-Asia cooperation.

Xinhua - China Daily