Tag Archive: Shanghai

China Development in Oct 2020: Integrated Circuit, Medical Device, Rich Individuals, Tourism

Integrated Circuit Industry An integrated circuit industrial base was officially inaugurated in Shanghai in Oct 2020, with 14 projects worth 22.5 billion yuan (about $3.36 billion) signed agreements to be located in the base. The projects cover the whole production chain of the integrated circuit industry, including chip manufacturing and design, as well as equipment and key materials manufacturing. The base, dubbed “oriental chips harbor,” is located in the Lingang Area, a new section of the Shanghai Pilot Free Trade…
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China Development in Sep 2020: Internet, Health Insurance, CIIF, Taobao Villages, Electricity

Internet “The internet industry has shown its great development vitality during the outbreak, and is becoming a key force for our country to face new challenges and build a new economy,” Wu Tienan, the center’s deputy director of the center, told a news conference in Beijing on Tuesday at which it released a report on internet developments. The report said there were 940 million internet users in China by the end of June, with about 381 million using it for…
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