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szdaily -> Business/Markets -> 
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    2021-09-08  08:53    Shenzhen Daily

Digital economy continues to gain momentum

CHINA’S digital economy continued to gain momentum in driving production, investment, consumption and trade in the first half of the year, according to a report released during the China International Digital Economy Expo 2021, which opened Monday in northern China’s Hebei Province.

A number of core sectors in the digital economy registered a growth rate of more than 20 percent in the first six months of the year, including electronic information manufacturing, software and information technology services, said the report issued in the provincial capital of Shijiazhuang.

Over 5,000 firms to attend investment fair

MORE than 5,000 companies from nearly 100 countries and regions will attend the 21st China International Fair for Investment and Trade (CIFIT), which will open Wednesday in Xiamen in southeastern China’s Fujian Province, the organizer said Monday.

Covering more than 100,000 square meters and with strict anti-epidemic measures in place, the four-day event will attract more than 50,000 business people both online and offline.

Beijing exchange registered with US$155.34m

THE newly-announced stock exchange in Beijing, structured as a limited company, has been registered with a capital of 1 billion yuan (US$155.34 million).

The registered capital came from the National Equities Exchange and Quotations Corp. (NEEQ). The new bourse has the same registered address as the NEEQ, namely the Beijing financial street in the Xicheng District. The registration was done Friday, a day after the new stock exchange was announced, according to the public registration information.

Lotus plans China expansion to take on Porsche

BRITISH sportscar maker Lotus plans to open up to 70 showrooms in China by 2024 and start production at its new Wuhan factory next year to ramp up competition with rival Porsche, CEO Feng Qingfeng said yesterday.

Premium and luxury car sales are growing in China as coronavirus pandemic travel restrictions leave consumers in the world’s biggest car market with more money to spend. Feng said Lotus, owned by Chinese firm Geely and Malaysia’s Etika Automotive, would begin production at its Wuhan factory next year. The plant, which is still under construction, would ramp up to full production of 20,000 cars in 2023, Feng said.

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