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China's first e-commerce law took effect on Jan 1. It bans vendors from unscrupulous practices like deleting shopper reviews, and canceling orders.
China's manufacturing sector has also embraced cloud computing and AI, giving initiatives such as "Made in China 2025" real meaning. Major cloud operators including Tencent Cloud are building industrial big data platforms for Chinese manufacturers that can connect their facilities globally.
China's fast-growing chemical industry has been the largest in the world by revenue since 2011, and its growth rate continues to outpace other major chemical-producing regions, according to consulting firm McKinsey.
China's consumption market witnessed steady recovery during the first six months of this year, with relatively new business formats such as online shopping spearheading the growth despite the COVID-19 epidemic and the services sector responding positively and creatively.
China's largest State-owned commercial bank by assets will strengthen financial inclusion, ensuring more than one-third of its new corporate loans are issued to small and microenterprises in the next three years, according to the bank's chairman.
来源：资阳报