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Chinese commercial giant Suning Holdings Group Ltd said orders within the first 12 hours on June 18 surged 171 percent compared with same period last year, with online sales of air conditioners jumping 183 percent year-on-year. Sales of televisions measuring 65 inches and above surged 211 percent.
Chinese companies should play a bigger role in global steel production and trade, rather than just export basic products, and utilize the Belt and Road Initiative for expanding reach, a top industry official said.

Chinese conglomerate Geely Holding has hit a speed bump on its way into the United States, as Ford Motor has challenged the trademark application for its new car brand Lynk & Co.
Chinese companies bet as much as .9 billion of venture-capital funding on startups in the quarter ending in June, surpassing their North American rivals' .2 billion for the first time, according to data from Goldman Sachs, Business Insider reported on Sunday.
Chinese central bank encouraged companies in pilot regions to issue "green bonds" and accelerate infrastructure construction, it said in a statement on Monday.
来源:资阳报