【CONTENTS】Oct.15 2020ChinaEconomic Weekly

Cover Story

P14 | How BeiDou navigation system take the leading position in the world

July 31,2020 ——China declared the official commissioning of its self-developed BeiDou Navigation Satellite System ,marking a major milestone in the country's endeavor to promote interconnectivity across the globe.

The completion of the system marked not only the end of a long, arduous journey to unlock the technologies of precise navigation services.

BDS has provided stable and reliable services for global users. Featuring distinctive creations including active positioning and short message communication, it has been widely used in transportation, agriculture, forestry, fishery, urban governance, search and rescue, and other fields.

So far,BDS 's products have been exported to more than 120 countries and regions . It has enabled the development of transformative technologies like precision farming, digital development and smart port construction in Asia, Eastern Europe and Africa.

CEW Editorial 

P03| Personal housing loans should be managed more prudently

Special Reports

P28| Shi Wenqing, former deputy director of the Standing Committee of the Jiangxi Provincial People's Congress, under investigation

P33| Golden Week Holiday Pumps up Tourism

P38| The 2020 Beijing auto show marks first major trade show under pandemic

P42| Updated investor alert in Wenzhou: fraudulent stock recommendation 

Finance & Capital

P46| Shenzhen to give out 10 Million RMB in 'Digital Yuan'

P48| Gem board Registration system landing a month: post-80s and post-90s made tens of millions

P50| Lufax files for U.S. IPO on the New York Stock Exchange

P52| IPO Launch: MINISO Group Seeks $532 Million U.S. IPO

P54| Geely to be first automaker on STAR board

Industry & Company

P57| Why XGMG,zoomlion are targeting these areas again

P60| Zoom rockets to $125B market cap, passing IBM 

P62| Country Garden, Evergrande and Sunac set the highest sales record in the year in September

P64| Chinese nucleic acid reagent manufacturers are running at full capacity to meet overseas market demand

P66| Yanjing Beer: Chairman and General Manager Zhao Xiaodong was investigated

P68| Wrist socialization among post-10S

P70| Hong Kong-Listed Dongfeng Motor Seeks Shenzhen IPO

P73| Tesla Cuts Price of Chinese-Made Model 3

Economy & Law

P78| The former deputy chief of China Southern Power Grid lost the lawsuit against CSRC

Region & City 

P80| "Post-80s" provincial officials have taken up new posts, many of whom have worked for the Communist Youth League

P83| Medical Reform Observation at Shenzhen: AI "Prescribes Remedies" for Medical Reform

P86| Airport "construction fever" is on the rise, will the second airport planning in "14th Five-Year Plan" become a boom?

P88| Shanghai scramble for talents and lures top university graduates with household registration

P90| Beijing commuter town Yanjiao sees sudden cut off on housing price


P94| Beware of the return of "hot money", The RMB has appreciated sharply, why?

P96| Six suggestions on promoting the development of capital market


P100| “Golden week” becomes “ice week” this year, as covid-19 keeps  visitors away from Hong Kong

P104| How does Japan save the economy while the epidemic keep resurging?

P106| Why Chinese companies and wealthy people tend to choose Singapore?

P110| Suffering different disease, they insist on writing poems in mine shafts