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As the main production region for crawfish－accounting for almost half of the nation's production－Hubei province is suffering from an oversupply of crawfish.9

As the only global tire manufacturer that was present in the automotive pavilion of the CIIE, Pirelli brought a number of products and technology solutions, including an intelligent tire system and noise canceling system, that can be used for automobiles, motorcycles and bicycles, to event in Shanghai, which ended Saturday.

As the outbreak of COVID-19 has brought great challenges to world economy, small and micro enterprises are especially impacted. Chinese government has rolled several policies and measures to help small and micro enterprises, and the CIFTIS enables enterprises, especially small and micro enterprises, not only to display products and services online but also livestream and ink deals online, to achieve mutual benefits, he said.

As the middle-income group grows and people seek better job opportunities and medical facilities, the long-term population growth of higher-tiered cities will likely continue. Companies are responding by turning their attention to cities like Shenzhen, Nanjing, and Hangzhou. Despite the COVID-19 pandemic, new project launches in these cities were recently sold out in half a day.

As the world's largest contract electronics manufacturer and a main assembler of Apple Inc's iPhone, Foxconn is looking to step into wafer fabrication. It previously failed in its bid to acquire Japanese conglomerate Toshiba Corp's flash memory chip business, but the group has not given up on its semiconductor ambitions, the sources noted.