Category archives: Business

A few days before the 25th anniversary of the establishment of the Hong Kong Special Administrative Region, two permanent community COVID-19 isolation treatment facilities, constructed by State-owned enterprises, were fully delivered. The two facilities were located in Kai Tak in Kowloon and Penny's Bay in Tsuen Wan. All of the modular integrated construction units needed in the facilities were constructed by the China State Construction Hailong Technology Co Ltd, a subsidiary of the China State Construction International Holdings Ltd. Apart from the two isolation treatment facilities, the company also aided the construction of six fangcang, or makeshift hospitals, in Hong

BEIJING -- China will cut the retail prices of gasoline and diesel starting Wednesday, the country's top economic planner said Tuesday. The prices of gasoline and diesel will go down by 320 yuan (about $47.81) per ton and 310 yuan per ton, respectively, according to the National Development and Reform Commission. The move marks the 2nd fuel-price decrease since the beginning of this year. Under the current pricing mechanism, if international crude oil prices change by more than 50 yuan per ton and remain at that level for 10 working days, the prices of refined oil products such as gasoline

The first Hainan International Offshore Duty-Free Shopping Festival kicked off in Sanya, South China"s Hainan province, on June 28. The international tourism island sets to hold more than 50 promotional events during the half-year festival period to boost the recovery of duty-free shopping, according to China News Service.