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Chinese chip producer Phytium Technology Co Ltd is planning to achieve sales of about 10 billion yuan (.57 billion) in the next five years, said a top company executive.

Chinese e-commerce giant JD reported its net revenues for the first quarter of this year reached 146.2 billion (.6 billion), an increase of 20.7 percent compared with the same period last year, with annual active customer accounts rising 24.8 percent to 387.4 million in the twelve months ending March 31, 2020.

Chinese banking officials praised London as a global financial center following the opening of Shanghai Pudong Development Bank’s new branch.

Chinese netizens under the age of 14 will no longer be allowed to register a micro-blogging account on Sina Weibo, the country’s largest and most popular Twitter-like platform, beginning next month, the service provider said on Tuesday.

Chinese online anchors might lose their chance to clear their names for video streaming, as on Monday the China Association of Performing Arts denied a rumor spread online big cities like Beijing and Shanghai will certify them with licenses.