The China Securities Regulatory Commission approved PICC's listing plan on Tuesday, meaning that the State-owned insurer will finally be able to list its shares on the mainland A-share market six years after it went public in Hong Kong. The IPO will be the largest share offering on the mainland so far this year.
The China Cultural Center in Laos has launched the original food entertainment program Laotian Cooks Chinese Food, running from June 25 to November 25. Through the video, people can share Chinese homemade dishes that are easy to learn and suitable for locals. During this period, Dalavieng, chief cook from the cultural center, will also travel to the Chinese supermarket in Laos to select authentic ingredients and condiments so Laotian people could learn how to choose raw materials. Twelve food programs with different themes will be broadcasted every two weeks, and will be launched on the official Facebook, YouTube and other social platforms on Friday. The two programs currently online are the Dragon Boat Festival special "mushroom chicken rice-pudding" and "spicy pot".
The Canton Tower in Guangzhou, Guangdong province. [Photo/VCG]
The China-Europe train service not only sends Chinese goods to Europe but also brings back overseas goods to Yiwu where they are then sold to many parts of the country, said Liu Mingming of the Yiwu Tianmeng Industrial Investment Co Ltd, a private operator of the service.
The Chinese mainland has 78 unicorns listed on US and Hong Kong bourses. Another 120 unlisted unicorns are engaged in sectors like internet-based finance, automobile, hardware and entertainment, according to a report from GF Securities.
The Chinese air cargo sector has made several significant strides in the past few years. The nation's cargo and mail turnover reached 7.53 million metric tons in 2019, second only to the United States. Improvements in services and a stable supply chain for air logistics sector have played a significant role in ensuring the stabilization of global supply chain.
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The China market is important to us and it’s very much connected to the global one. At present, at least 60-70 percent of the modules are produced in China and even if the market is elsewhere, a lot of times the production operations are still based in China. It explains the importance of the China market globally.
The Chinese A-share market regained confidence on Monday as trade tensions between China and the United States eased, and the momentum is expected to continue, experts said.
The Chinese government always encourages enterprises to follow market principles and international rules and abide by local laws while conducting overseas economic cooperation, Geng said at a regular news briefing.
The China Internet Conference will be held from Tuesday to Thursday.