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China also has the world's largest number of cinema screens. In 2019, some 12,178 cinemas boasted 68,922 screens. Consumption in the film sector was rapidly developing, until the epidemic dealt a blow to the industry with all films withdrawn from release during the Spring Festival holiday, a peak movie-going season. The films could have brought in about 7 billion yuan in box-office receipts. The impact of the epidemic on cinema chains in China is estimated to surpass 16 billion yuan.
China Tower Corp, a mobile communication infrastructure company that runs almost all of the mainland's telecom towers, is aiming to raise up to billion in its Hong Kong initial public offering.
China Foreign Exchange Trade System and Bloomberg announced at the forum that Bloomberg and its global affiliates will start providing qualified investors with channels to access China's interbank bond market. Global investors can trade onshore Chinese bonds via the Bloomberg Terminal, they said.
China Literature, which has Tencent as its shareholder and strategic partner, distributes its content via the mobile QQ app, QQ browser, WeChat Reading, Tencent News and Tencent Video.
China Mobile, the country's largest telecom carrier by mobile subscribers, said in December that it is starting large-scale 5G trials and application tests in 17 cities, including Shanghai, Guangzhou and Hangzhou. China Unicom and China Telecom are also working on similar trials after the government allocated specific low and medium-frequency bands to them.
来源：资阳报