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China cuts financial institutions' reserve ratios to boost lending
The People's Bank of China (PBOC) announced to cut the reserve requirement ratio (RRR) for financial institutions by 50 basis points from Sept. 16 .
China Mobile builds 20,000 5G base stations
Chinese telecom giant China Mobile Thursday said it has built more than 20,000 5G base stations in 52 key cities across the country.
100 bln yuan credit line planned to finance rural tourism
The Agricultural Bank of China (ABC) will extend a line of credit (LOC) up to 100 billion yuan to help villages develop tourism.
Shenzhen aims to have full 5G coverage by 2020
Shenzhen, a southern tech hub in Guangdong Province, will realize full 5G coverage by August 2020, the city government announced on Wednesday.
China starts mapping standards for 5G-based hospitals
Key Chinese hospitals, leading telecom carriers and Huawei Wednesday launched a project to establish standards for 5G-based networks in hospitals.
Chinese listed brokerages see revenue, profit gains in H1
The 36 listed securities firms garnered combined operating revenues of 182.2 billion yuan in H1, up 45 percent year on year.
China reports 735 mln railway trips during summer travel rush
More Chinese traveled by rail during the just-concluded summer travel rush, the latest data from the national railway operator showed.
Total sales of China's top 100 property developers down in August
China's top 100 real estate developers saw their total sales edge down 1.7 percent month-on-month in August.
China's installed capacity of hydrogen fuel cells soars
China's installed capacity of hydrogen fuel cells surged 642.6 percent year-on-year to 45,876.9 kilowatts in the first seven months.
China's mobile-payment users reach 621 mln in June
About 621 million people used mobile payments in China as of June, up 37.88 million compared with 2018.
Housing inventories in 100 Chinese cities continue to grow
The size of unsold new commercial residential houses in 100 surveyed Chinese cities rose 6% y-o-y to 449.27 million square meters by the end of July.
5G to boost China's digital economy: expert
5G technology is predicted to help drive a growth of 15.2 trillion yuan (2.1 trillion U.S. dollars) in China's digital economy from 2020 to 2025.
Feature: Tourism rejuvenates old Silk Road town
Feature: Chinese digital company seeking growth in U.S.
To Sort Anbang’s Assets, Chinese Authorities Create Dajia
UBS: The globe is headed for a recession if U.S-China trade talks fails