China to build 600,000 5G bases in 2020 despite COVID-19 impact

China to build 600,000 5G bases

CGTN | 06-Jun-2020

China is expected to build more than 600,000 5G base stations by the end of the year, covering cities above the prefecture level in the country, said an official with the country’s industry and information technology ministry on Saturday. Continue reading “China to build 600,000 5G bases in 2020 despite COVID-19 impact”

China extends repayment of $183 Bln in loans to bolster SMEs

Wangjing SOHO, Beijing

CGTN | 04-Jun-2020 | Wangjing SOHO, Beijing

China has extended repayment of loans to small and medium-sized enterprises. (SMEs) hurt by the Coronavirus outbreak as part of efforts to help them weather a difficult period. The repayment of principal and interest on loans of 1.3 trillion yuan (about 183 billion U.S. dollars) for SMEs has been extended from January 25 to May 15. The China Banking and Insurance Regulatory Commission said on Wednesday. Continue reading “China extends repayment of $183 Bln in loans to bolster SMEs”