Largest regional trade fair shifts online

The 30th East China Fair, one of the largest regional trade fairs in China, is expected to move online this year amid the COVID-19 epidemic. The fair is scheduled to run from Monday to Friday. It will roll out a 24-hour online trade platform, which exhibitors and buyers can attend free of charge. The online event will set up several themed exhibitions ranging from garments and textiles to home products and gifts. Meanwhile, special zones involving domestic sales of commodities originally produced for exports and cross-border e-commerce will also be launched. According to the latest statistics, the fair has so far attracted more than 3,500 enterprises, with over 71,700 products to be exhibited.

Civil aviation sector recovers in June

China's civil aviation industry gradually recovered in June as key indicators reported narrowing declines from a month ago, data from the country's aviation regulator showed on Friday. Carriers flew 30.74 million passengers last month, down 42.4 percent on a yearly basis. The decline narrowed 10.2 percentage points from May, according to information released at a news briefing of the Civil Aviation Administration of China. In the first half of the year, air passenger numbers came in at 150 million, equivalent to 45.8 percent of the volume seen during the same period last year.

Sinopec achieves drilling breakthrough

China Petrochemical Corp (Sinopec) announced that its Shunbei oil and gas field created a record for the deepest onshore directional well drilling in Asia, with a depth of 8,725 meters, Science and Technology Daily reported recently. The oil and gas field is located between Aksu and Korla regions in Northwest China's Xinjiang Uygur autonomous region. Its reservoir has an average depth of more than 8,000 meters and is considered to be the deepest onshore oil and gas field in Asia.

Xinhua