Last year, U.S. online spending on the first Monday after Thanksgiving set a new record, topping billion, according to the comScore Networks research firm.?This year it could hit .2 billion, estimates comScore’s Andrew Lipsman. Overall online sales are expected to increase 15 percent in the U.S. this holiday season.
Last week, Swiss conglomerate ABB Group pledged to invest 0 million to build its "largest and most advanced" robot plant in Shanghai. Capitalizing on China's aspirations to become a technology pioneer, the deal is likely to pave the way for several high-tech agreements at the expo. This could aid the upgrade from cheap labor to "chip labor".
Last Monday's PBOC report is candid in admitting the potential financial risks facing the world's second-largest economy.
Large banquets are still banned in many parts of China where social distancing is still performed-including Shanxi province, Kunming in Yunnan province, and Beijing.
Last month, China Zheshang Bank Co Ltd, or CZBank, also announced that the Hong Kong Monetary Authority has granted a banking license to the Hangzhou-based and Hong Kong-listed commercial lender.
Last year, Shanghai-based express giant ZTO signed a strategic cooperative agreement with the provincial airport of Henan province to jointly develop an aviation express distribution center, Economic Information Daily reported.
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Last year, an estimated 613,000 places were selling either food or drink in the US, an increase of up to 17 percent from a decade earlier, according to government figures.
Last year the number of patent applications in the United States stood at 597,141, ranking second globally. It represented a 1.6 percent decline from the previous year, also the first drop in 10 years. The US was followed by Japan (313,567) and South Korea (209,992).
Last week, Polis also signed a number of coronavirus relief bills to allocate funds for those who need help, including food pantry assistance and support for small businesses.
Last year, Hisense produced 261,000 refrigerators and 389,000 televisions in South Africa.