In August, with evidence from Alibaba, police in Loudi, Hunan province, broke up a ring producing and selling counterfeit weight-loss drugs, with a sales network in more than 20 provinces. Total trade by the ring exceeded 100 million yuan (.15 million).
In 2019, healthcare-related expenditure in China equaled about 6.6 percent of GDP, compared with 17.7 percent in the United States in 2018, according to official data from the two countries.
In August, 2016, Guangzhou launched its first weekly cargo train to Europe as a new way to import and export goods. Meanwhile, by collecting goods by train form Chinese inland and then transferring them by sea, Guangzhou has also become a major port shipping goods to international destinations.
In 2018, it was selected to take part in the "double-hundred action", a campaign led by the Leading Group for State-Owned Enterprises Reform of the State Council to select more than a hundred subsidiaries of the central SOEs, and more than a hundred local SOEs to implement reforms between 2018 to 2020.
In 2019, the company further enhanced its cross-selling strategy, better diverted the high-frequency traffic of the transportation business to other businesses with higher margin like accommodation and advertisement, to improve its monetization rate, and encourage users of transportation products to experience other products, which is expected to generate greater user value.
In 2018, Huawei Consumer Business Group sales revenue exceeded billion.
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In April, the US administration proposed tariffs on a list of Chinese goods worth billion based on the Section 301 investigation into alleged Chinese intellectual property and technology transfer practices.
In August, Bezos sold off nearly billion worth of Amazon stock.
In 2018, the on-time rate for flights by Chinese airlines reached 80.13 percent, the highest level since 2010, according to the Civil Aviation Administration of China on Tuesday.
In April, Wang sold makeup worth 5.3 million yuan (6,800) during an eight-hour livestream, a sales record for social media celebrities of all ages.