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Chinese internet search giant Baidu Inc announced its revenue reached 22.5 billion (.2 billion) yuan in the first quarter of 2020, decreasing 7 percent year-on-year, while its net profits amounted to 3.1 billion yuan, up 219 percent compared with the same period last year.
Chinese platform Tujia.com said bookings made on its site for this year's Spring Festival have increased fourfold compared with last year's. It added that Xiamen in Fujian province, Sanya in Hainan province, Beijing, Guangzhou and Chengdu were the favorite destinations.
Chinese automaker Huachen Automotive Group has officially entered the bankruptcy and restructuring procedure due to debt crisis, after local court accepted the bankruptcy and restructuring petition of the company's creditors on Nov 20, according to a Xinhua report.
Chinese and foreign business people chat and exchange contact details at the 2019 Western China Silk Expo in Nanchong, Sichuan province, on Tuesday. [Photo by Huang Zhiling/chinadaily.com.cn]
Chinese people are increasingly recognizing the impact individual behavior may bring to the environment, but their practices are still far from satisfactory in certain areas, according to a new report released on Friday.
来源：资阳报