China's major retail and catering companies have registered a sales revenue of 821 billion yuan (US$127 billion) during the Chinese New Year holidays this year, recording a growith of 28.7% year-on-year, and the postal and express delivery industry have received and delivered about 660 million parcels, a 2.6 times increase compared to same period of last year.
In 2020, the trade volume of China's sharing economy have surged 2.9% year-on-year to 3.38 trillion yuan (US$523.6 billion).
Hong Kong Financial Secretary says Hong Kong will participate in the internal circulation of China's dual circulation economic strategy, noting that the Greater Bay Area is the direction of Hong Kong's development.
Under the backdrop of China aiming to achieve carbon neutrality by 2060, the country's first batch of “carbon neutrality” bonds of 6.4 billion yuan has recently been issued by China Southern Power Grid, China Three Gorges Corporation, SPIC, Huaneng Power International, Sichuan Province Airport Group, and Yalong River Hydropower Development Company.
China's central State-owned enterprises (SOEs) are making growth plans for the 14th Five-Year period (2021-2025) and the targets for growth will be specified once the14th five-year plan is approved by the top legislature, according to the State-owned Assets Supervision and Administration Commission (SASAC).
China has invested more than 260 billion yuan (US$40.2 billion) to build the world's largest 5G network, and the Ministry of Industry and Information Technology calls for deeper international cooperation on 5G cybersecurity.
China's State Council has issued a guideline to accelerate the development of green economy of the country, setting a series of goals including boosting green finance.