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Voice Broadcast

April  25, 

2020

China News

3 minutesKnow China

1

The per capita GDP of 14 cities in China reached $20,000 in 2019, with Shenzhen, Wuxi and Suzhou taking the top three spots, according to 21st Century Business Herald.The 14 cities, with a population of 143 million, range from first-tier cities such as Beijing, Shanghai to second- and third-tier cities such as Changzhou, Zhuhai and Erdos.


2

Satisfaction in China's intellectual property protection has steadily improved, according to a report released by the National Intellectual Property Administration at its quarterly news conference on Friday.


3

Microsoft co-founder Bill Gates discussed the possibility of a viral pandemic in a TED talk five years ago and recently shared his views on the worldwide coronavirus outbreak and why he believes the key to winning the battle is global innovation.


4

Multinational companies are showing their strong commitment to the Chinese market, with some of their local factories posting record production figures and a new foreign investment project being launched despite the challenges presented by the COVID-19 pandemic.


5

China and the United States should take the opportunity to fulfill the phase-one China-US economic and trade agreement to enhance cooperation and remove destabilizing factors to boost bilateral business ties, the Ministry of Commerce said on Thursday.


6

The nonperforming loan ratio of 24 listed city and rural commercial banks in China rose 3 basis points year-on-year to 1.6 percent at the end of 2019. During the same period, the balance of their NPLs increased by 20.31 percent to 99.03 billion yuan ($14 billion), according to a PwC survey report released on Friday.


7

Kunming, Yunnan province, will distribute 100 million yuan ($14.1 million) worth of digital coupons to help stimulate local consumption in hard-hit industries and support people with low-incomes, officials said at a news conference on Friday.



SourceGlobaltimes, Xinhuanet, Chinadaily, Shine, GdtodayChina Plus News

Author: Producer Emilio Mendez

Speaker: Caroline Parraguez

Edition: EAcham


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