In December 2016, China Baowu was formed through the unification of Shanghai-based Baosteel Group and Wuhan Iron & Steel Group in Central China's Hubei province. This created a monolith with a production capacity of 70 million tons, second worldwide only to Arcelor-Mittal.
In January, a net total of 60.69 billion yuan (.97 billion) flowed into the A-share market through northbound trading under the connect mechanism between the mainland and Hong Kong bourses.
In Brazil, the largest ride-hailing market in Latin America, the competition is intense among more than 250 operators providing app-based services, including the US market pioneer Uber.
In February, Global management consulting firm McKinsey opened its Industrial IoT hub in Beijing to help local firms drive digital transformation.
In June, Evergrande Health Industry Group, a Hong Kong-listed company of Evergrande Group, acquired a 45 percent stake in Faraday Future, a California-based electric carmaker, for HK.75 billion (4 million) through Hong Kong's Season Smart.
In China, esports have been recognized as a profession with colleges offering programs and degrees, according to Wang.
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In July, 12 candidates were barred from running for the seventh legislative election by Hong Kong's returning officers, who assess eligibility for elections and judge the validity of nominations. In this case, the nomination formalities failed to comply with Legislative Council Ordinance requirements.
In June last year, China unveiled a shortened negative list for foreign investment, cutting the number of items down to 48 from 63, which has widened market access for foreign investment in primary, secondary and tertiary sectors.
In December alone, the average new home price for 100 cities edged up 0.25 percent month on month to 14,678 yuan (about ,139) per square meter. The growth was down 0.02 percentage points from that in November.
In Hubei, the province hit hardest by the novel coronavirus epidemic (COVID-19), around 93 percent of major delivery enterprises' employees had returned to work, and 93.55 percent of delivery outlets had resumed operation by Tuesday noon.