China International Fair for Trade in Services: Beijing holds trade fair after coronavirus pandemic

By: |
September 7, 2020 11:01 AM

Chinese hospitals are treating 180 people for COVID-19, with another 329 people in isolation and being monitored for having tested positive for the virus without displaying symptoms.

China has gone weeks without reporting any new illnesses from local transmissions.China has gone weeks without reporting any new illnesses from local transmissions.

Organisers reported strong turnout at an event in Beijing billed as the first hybrid online and in-person trade show staged since the coronavirus pandemic began.

A total of 95,000 visitors attended the 2020 China International Fair for Trade in Services on Saturday, the first full day of the exhibition, with just 60,000 allowed into its venues at any given time in keeping with social distancing rules.

The fair is being held as China’s economy has largely restarted, despite the devastating blow to many industries from a months-long shutdown and the loss of domestic demand and foreign orders.

Led by factory production, China’s economy grew by a better-than-expected 3.2% in the second quarter, although retail sales remain depressed despite the reopening of businesses and restaurants.

About 100,000 participants registered to attend the trade show, from 18,000 enterprises and institutions.

China has gone weeks without reporting any new illnesses from local transmissions.

The 12 new cases announced Monday were in people returning from overseas. Chinese hospitals are treating 180 people for COVID-19, with another 329 people in isolation and being monitored for having tested positive for the virus without displaying symptoms.

Do you know What is Cash Reserve Ratio (CRR), Finance Bill, Fiscal Policy in India, Expenditure Budget, Customs Duty? FE Knowledge Desk explains each of these and more in detail at Financial Express Explained. Also get Live BSE/NSE Stock Prices, latest NAV of Mutual Funds, Best equity funds, Top Gainers, Top Losers on Financial Express. Don’t forget to try our free Income Tax Calculator tool.

Financial Express is now on Telegram. Click here to join our channel and stay updated with the latest Biz news and updates.

Next Stories
1Govt hikes rabi MSPs in advance amid farmer stir
2Insolvency proceedings: Surge in cases unlikely after suspension is lifted, says FM Nirmala Sitharaman
3Crude import bill falls 61% to $17.7 billion in April-August