In July 2019, police in Dali received reports about fake cigarettes for sale being transported to places such as Dali and the provincial capital Kunming. Authorities quickly launched an investigation. By June 18, 2020, the police had busted the gang across several provinces.
In Grand Isle, at Louisiana's southern tip, authorities were placing sandbags to bolster its protective levy while energy companies pulled workers from offshore platforms and shut down oil production.
In June, Amcor completed an acquisition, bringing its total factories in China to 13. The company also plans to open its first digital packaging research and development center in China and build a global smart factory showroom.
In July, 21 provincial-level regions and cities published the bidding results of special bond issuances, which totaled about 205 billion yuan compared with 90.9 billion yuan in June, the data showed.
In China, big data has been applied extensively in various fields including governmental affairs, retail, transportation, medicine, education, and public governance.
In China, Alibaba Group has become the largest shareholder of domestic largest online catering company Ele.me since it invested .25 billion in the company in 2015, according to a report by yicai.com.
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In February, China amended its corporate income tax law for the first time in 10 years; the corporate income tax rate, however, remained unchanged
In Guangzhou, Guangdong province, rental housing will account for 20 percent of housing supplies between 2017 and 2021, and the number for Shenzhen is also 20 percent, between 2016 and 2020, according to urban planning authorities in these cities.
In China, one of Apple's key markets, the company's total revenue soared by 11 percent year-on-year to .96 billion in the first quarter of 2018 fiscal year ending December. Compared to the previous quarter, revenues were up 83 percent.
In China's spot foreign exchange market, the yuan is allowed to rise or fall by 2 percent from the central parity rate each trading day.