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China's wealth management market reached trillion, with an online sales penetration rate of 34.6 percent, by the end of the first quarter, both ranking second globally behind only the United States, according to a report jointly released by global consultancy firm Boston Consulting Group (BCG) and Chinese fintech firm Lufax.
China's three major carriers still suffered losses in the first three quarters of the year, but signs of recovery emerged in the third quarter, according to the financial reports.
China's top internet regulator has named a new chief amid an ongoing effort to build and develop a topnotch cyberspace network, according to an official statement released on Wednesday.
Chinasoft International Ltd, a leading information technology and software service provider, has poured a lot into promoting its software solutions abroad, with around 20 percent of its revenue coming from overseas business.
China's response to the COVID-19 economic crisis is very different from its response to the global financial crisis. In 2010, China's infrastructure was much less developed than now, so it made sense to have a broad-based stimulus that specially focused on upgrading the nation's transport, energy and urban infrastructure. But, now China's infrastructure is world-class, so this time it has been important to more tightly target improving the business climate and promoting technological upgrading.
来源：资阳报