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China's catering industry has recovered to 70-80 percent of pre-COVID-19 level in the first half of this year, Sina Finance reported on Monday.
China's State-backed semiconductor fund is near to closing a 120 billion yuan (.98 billion) investment round for a second fund to support the domestic chip sector and help cut reliance on imports amid a bruising trade standoff with the United States.
China's GDP growth may moderate to 6.2 percent year-on-year this year due to slowing exports and dampened investor confidence as trade tensions escalate, said a report published by the Asian Development Bank on Wednesday.
China will provide an additional 50 Chinese Government Scholarships Grants for Philippine students on an annual basis from 2019-2021. Both sides will implement the Executive Program of Cultural Agreement between China and the Philippines for 2019-2023 signed during the visit and encourage their cultural institutions and groups to increase exchange of visits.
China will equalize foreign investors' equity shares in listed and unlisted securities companies, according to the rules, which also set qualification requirements for overseas shareholders.
来源：资阳报