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China's 1st Sino-foreign payment network launched
The first licensed Sino-foreign bank card clearing institution in China was commercially launched in Hangzhou, Zhejiang province, on Friday, representing a substantial step forward in the development of the payment industry in China.
August 30, 2020
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Project worth 12b yuan breaks ground in Jiaxing
Construction on an industrial base worth 12 billion yuan ($1.74 billion) began in Haiyan, a county in Jiaxing, East China's Zhejiang province, on Aug 27.
August 28, 2020
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Brazilian mining firm opens grinding hub in E China port
Brazilian mining company Vale and Ningbo Zhoushan Port Group has held a ceremony on Aug 25 in Ningbo to celebrate the inauguration of the Shulanghu Grinding Hub, the firm's first such operation in China.
August 26, 2020
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Ant Group files listing documents in Shanghai, Hong Kong
Ant Group, China's financial technology conglomerate, filed its listing documents in Shanghai and Hong Kong on Tuesday, according to its filings on the two cities' exchanges.
August 26, 2020
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New materials project worth 2b yuan to operate in Zhoushan
A new materials project worth 2 billion yuan ($289 million) will start operations in the Marine Industry Cluster of Zhoushan, an island city in East China's Zhejiang province.
August 25, 2020
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Jiaxing company debuts very-high performance heterogeneous chip
Jiaxing-based Zhejiang ICLeague Technology Co Ltd recently debuted the world's first very-high performance heterogeneous chip.
August 24, 2020
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Alibaba reports 34% surge in quarterly revenue
China's e-commerce giant Alibaba Group reported year-on-year revenue growth of 34 percent to 153.8 billion yuan ($21.76 billion) for the quarter that ended on June 30, 2020.
August 24, 2020
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Qiantang New Area to bolster integrated circuit industry
A ceremony was held to inaugurate 25 chip production-related projects in the Hangzhou Qiantang New Area, which has developed an industrial chain covering various aspects of integrated circuits production, local media reported on Aug 19.
August 22, 2020