Xinhua Silk Road: The 10th World Digital Economy Conference 2020 & Smart City and Intelligent Economy Expo kicks off in E.China Ningbo – Canada NewsWire
The expo has attracted wide attention from relevant industries and has become a cooperation and communication platform for the digital economy sector.
By the end of June this year, Zhejiang saw a total of 51,000 5G base stations be completed and put into operation, according to Gao Xingfu, vice governor of Zhejiang Province, adding that the added value of Zhejiang’s core industry of digital economy amounted to 2.9 trillion yuan in the first half of the year, up 9.4 percent year on year.
Zheng Shanjie, acting governor of Zhejiang province, called on Zhejiang to build a national digital economy innovative development pilot zone by giving full play to the role of the expo as a significant cooperation platform.
Since the first expo was successfully held in Zhejiang, the province has given full play to its leading advantages and carried out in-depth construction of the digital economy.
Especially under the influence of the COVID-19 epidemic this year, Zhejiang has created a precision intelligence control system, which has promoted the integrated development of the digital economy in various fields.
The expo witnessed the signing of 50 new projects in the digital economy sector involving a total investment of 33.6 billion yuan, mainly related to the fields of integrated circuits, 5G demonstration applications, industrial Internet platforms, and intelligent transformation.
Ningbo is implementing a new round of action plan for the digital economy, vowing to become an exemplary city leading the development of industrial Internet and intelligent international manufacturing.
Zhejiang pledges to implement the digital economy’s construction, make breakthrough in core technologies, and continuously enhance its demonstrative and radiating role in the digital economy.
Scheduled from September 11 till 13, the expo will also hold four contests in AI, industrial internet, and other relevant industries at the same time.
TORONTO – Strength in the base metal and technology sectors helped Canada’s main stock index gain almost 100 points on Friday, while U.S. stock markets also climbed higher.
The S&P/TSX composite index closed up 93.51 points at 23,568.65.
In New York, the Dow Jones industrial average was up 297.01 points at 41,393.78. The S&P 500 index was up 30.26 points at 5,626.02, while the Nasdaq composite was up 114.30 points at 17,683.98.
The Canadian dollar traded for 73.61 cents US compared with 73.58 cents US on Thursday.
The October crude oil contract was down 32 cents at US$68.65 per barrel and the October natural gas contract was down five cents at US$2.31 per mmBTU.
The December gold contract was up US$30.10 at US$2,610.70 an ounce and the December copper contract was up four cents US$4.24 a pound.
This report by The Canadian Press was first published Sept. 13, 2024.
OTTAWA – Statistics Canada says wholesale sales, excluding petroleum, petroleum products, and other hydrocarbons and excluding oilseed and grain, rose 0.4 per cent to $82.7 billion in July.
The increase came as sales in the miscellaneous subsector gained three per cent to reach $10.5 billion in July, helped by strength in the agriculture supplies industry group, which rose 9.2 per cent.
The food, beverage and tobacco subsector added 1.7 per cent to total $15 billion in July.
The personal and household goods subsector fell 2.5 per cent to $12.1 billion.
In volume terms, overall wholesale sales rose 0.5 per cent in July.
Statistics Canada started including oilseed and grain as well as the petroleum and petroleum products subsector as part of wholesale trade last year, but is excluding the data from monthly analysis until there is enough historical data.
This report by The Canadian Press was first published Sept. 13, 2024.
TORONTO – Canada’s main stock index was up more than 150 points in late-morning trading, helped by strength in the base metal and energy sectors, while U.S. stock markets were mixed.
The S&P/TSX composite index was up 172.18 points at 23,383.35.
In New York, the Dow Jones industrial average was down 34.99 points at 40,826.72. The S&P 500 index was up 10.56 points at 5,564.69, while the Nasdaq composite was up 74.84 points at 17,470.37.
The Canadian dollar traded for 73.55 cents US compared with 73.59 cents US on Wednesday.
The October crude oil contract was up $2.00 at US$69.31 per barrel and the October natural gas contract was up five cents at US$2.32 per mmBTU.
The December gold contract was up US$40.00 at US$2,582.40 an ounce and the December copper contract was up six cents at US$4.20 a pound.
This report by The Canadian Press was first published Sept. 12, 2024.
