1. The world premiere! Three major carriers in Shanghai joined hands with Huawei in the carrier aggregation of 5G commercial network (11.3)
On October 30th, three major carriers in Shanghai joined hands with Huawei to successfully launch the downlink carrier aggregation (CA) service based on Mate 40 commercial mobile phones. This is the first time that 5G CA with ultra-large 200MHzbandwidth has been realized on commercial models, bringing extreme experience to users, with an average downlink peak rate exceeding 3Gbps.
Evidenced by this pilot, Shanghai has taken the lead in providing 5G users with a larger bandwidth, lower delay, better quality and more cutting-edge network experience in China. Meanwhile, Shanghai is confident and capable of establishing a network foundation for the mass launch of 5G applications in the next three years and helping thousands of industries to realize the transition to new systems. This time Shanghai pioneered CA commercialization, which will bring better 5G experience to Mate 40 users.
2. 2020 World M&A Conference Held(11.9)
On the afternoon of November 8th, 2020 World M&A Conference, sponsored by Shanghai United Property Rights Exchange and co-sponsored by China International Chamber of Commerce, Bank of Communications, Bank of Shanghai, Shanghai Financial Industry Federation and China Enterprise Reform and Development Research Association, was held during the 3rd China International Import Expo (CIIE).
The theme of this M&A Conference was "Investing in a New Engine of M&A and Driving the Construction of Multi-level Capital Markets". The purpose of this event was to help CIIE upgrade from commodity trade to capital opening-up and exchange, enhance the influence and voice of Shanghai as an international financial center, promote the combination of industry and finance, and better serve the real economy.
The conference attracted many industry leaders and experts from banks, industrial funds, investment institutions, government agencies and well-known enterprises at home and abroad. At the event, Shanghai United Property Rights Exchange signed agreements with Shanghai Stock Exchange, Bank of Communications and National Green Development Fund respectively.
Chen Yin, Member of the Standing Committee of CPC Shanghai Municipal Committee and Executive Deputy Mayor of Shanghai, and Zhang Shenfeng, Vice President of China Council for the Promotion of International Trade and China International Chamber of Commerce, attended the event and delivered speeches.
3. The 3rdCIIE concluded with fruitful business and trade cooperation achievements (11.11)
The 3rd China International Import Expo (CIIE) concluded on November 10th. Relevant officials of China International Import Expo Bureau commented that the 3rd CIIE achieved fruitful business and trade cooperation results.
The 3rdCIIE is a grand international business event with the largest size, the largest number of participating countries and the combination of online and offline activities in the context of normalization of COVID-19 prevention and control in China. It shows the major achievements of epidemic prevention and control as well as economic and social development in China.
The transactions and procurements in the 3rd CIIE increased significantly. During CIIE, more than 2,000 exhibitors and buyer shit 861 cooperation intentions through the combination of online and offline activities, with a total turnover of US$72.62 billion in one year, an increase of 2.1% over the previous year.
4. The world's largest free trade agreement formally reached(11.16)
The 4th Regional Comprehensive Economic Partnership Agreement Leaders' Meeting was held on November 15th. 10 ASEAN members and 15 countries including China, Japan, South Korea, Australia and New Zealand formally signed the Regional Comprehensive Economic Partnership Agreement (RCEP), marking the formal conclusion of the world's largest free trade agreement.
Signing RCEP is an important step for the region to safeguard the multilateral trading system and build an open world economy through practical actions. It is of symbolic significance for deepening regional economic integration and stabilizing the global economy.
5. Ningxia-produced milk flew to Shanghai and delivered its fresh taste to consumers (11.26)
With an average living footprint of around 100 square meters, cows can stroll around or lie on a 60-meter-thick "sand bed" to enjoy the sunshine.... This describes a unique desert cow pasture in Zhongwei, Ningxia. The quality and hygiene parameters of raw milk produced there are better than the domestic average in China.
Two days ago, the raw milk left the pasture in Zhongwei and flew to Shanghai within 3 hours for the first time, which were turned into Bright Youbei fresh milk on the market within 24 hours, which was the first "air borne raw milk" in China’s dairy industry. On November 24th and 25th, the first batch of 11,000 cans of "Produced in Ningxia and Made in Shanghai" fresh milk were tasted by Shanghai residents as free samples.
