govt.chinadaily.com.cn

Resumption of work and production

China's progress on economic resumption

Updated: Jun 11, 2020 Xinhua Print
Share - WeChat

As efforts to contain COVID-19 continue, China is steadily reviving its economy. The following facts and figures indicate how the country is forging ahead in the economic sphere:

— China's airline industry showed signs of recovery in May with the decline in key indicators significantly narrowing from a month ago, the country's top aviation authority said on June 10.

Airlines flew a total of 25.83 million passengers last month, down 52.6 percent year-on-year. The decline narrowed 15.9 percentage points from April, Xiong Jie, spokesperson for the Civil Aviation Administration of China, told a press briefing.

Air cargo volume fell 12 percent year-on-year to 549,000 tonnes, compared with a 19.5-percent decrease registered in April.

— Work on construction of a Legoland park has started in the city of Meishan in southwest China's Sichuan province, according to local authorities.

The park, the first of the kind in China, will have an estimated investment of 3 billion yuan (about $424 million). It will cover an area of 24.3 hectares and is expected to start operation in 2023, according to the Meishan municipal government.

Upon operation, the park is expected to receive more than 10 million people each year and generate over 10,000 employment opportunities.

Britain-based Merlin Entertainments partnered with a Chinese joint venture to develop and operate the Legoland park in September 2019.

— Kuaishou, a Chinese leading short-video, and live streaming platform, has announced that it plans to build a data center in the country's northern Inner Mongolia autonomous region. This followed a government pledge to develop new infrastructure across the country.

The company will invest about 10 billion yuan for the new data center to be built in Ulanqab City, which will mainly focus on big data and artificial intelligence, it said.

The Ulanqab data center will cover an area of about 500 mu (about 33.33 hectares) to hold some 300,000 servers, said Kuaishou, and the launch of the center was expected in 2021.

Copyright©2024 China Daily. All rights reserved.

京ICP备13028878号-6

京公网安 京公网安备 11010502032503号