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News Brief

The third China International Import Expo (CIIE) held in Shanghai from November 5 to 10 has concluded successfully, sending a strong signal that China intends to expand the country’s opening-up.

Regulators sent a shock wave through the markets when the Shanghai Stock Exchange announced on November 3 the suspension of the mega IPO of Ant Group, a financial firm operating under the umbrella of e-commerce giant Alibaba, less than two days ahead of the listing.

Two Covid-19 vaccines developed in China by the China Biology Technology (CNBG) under the China National Pharmaceutical Group (Sinopharm) have been authorized for emergency use, Sinopharm President Liu Jingzhen said.

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New data from China’s Ministry of Commerce (MOFCOM) shows that foreign direct investment (FDI) in China accounted for 9.2 percent of total global FDI in 2019, nearly 3 percent higher than in 2015.

Media integration, which means the integration of different types of media and new technologies, is expected to greatly boost local economy, said Zhang Lei, a researcher with the Communication University of China, at a forum on the development of county-level integrated media centers.

Of total births in 2019, at least 59.5 percent were second-born children, 9.5 percent higher than in 2018, according to Yu Xuejun, deputy director of China’s National Health Commission.