The total box office market in China reached 12.95 billion yuan ($1.93 billion) in 2020, a box office achievement that also allowed China to surpass North America’s $1.925 billion and become the world’s largest box office for the first time.
China’s IC industry has seen an average compound annual growth rate of more than 20 percent. In 2019, the country’s IC industry reached a size of more than 700 billion yuan (103.1 billion US dollars), up by 15.8 percent year on year.
Currently, the country accounts for nearly 50 percent of the global market share, Yang noted, adding that foreign-invested enterprises contribute more than 30 percent of IC sales revenue on the Chinese mainland.
The semiconductor industry is a global industry, and no country is isolated from the entire industrial chain, said Keith D. Jackson, 2020 chair of the Washington-based Semiconductor Industry Association, at the event, adding that the Chinese government has abided by its commitments to opening up and stabilizing foreign trade and investment, which has bolstered the confidence of foreign enterprises.
“People on either side of the Taiwan Straits are not willing to go to war. But if one day war breaks out, #Taiwan secessionists would be the chief criminal,” and “Don’t say you have not been forewarned,” reads an article published by People’s Daily.
Covid-19 was supposed to be China’s Chernobyl. It’s ended up looking more like the West’s Waterloo. That is the argument that John Micklethwait and Adrian Wooldridge make in their new book, “The Wake-Up Call: Why the Pandemic Has Exposed the Weakness of the West, and How to Fix It.”
Australia is China’s largest supplier of thermal coal, providing up to 35 per cent of the mineral used for electricity generation. Australian exports of coking coal, which is used to make steel, surged by 67 per cent in the first half of 2020 as China embarked on an infrastructure led recovery from the coronavirus.
