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China's progress on economic resumption on June 2
Updated: June 2, 2020 21:34 Xinhua

BEIJING — As it continues efforts to contain COVID-19, China is steadily reviving its economy. The following facts and figures indicate how the country is forging ahead in the economic sphere:

— Prices of farm produce in China remained flat in the past week after continuous retreat, data from the Ministry of Commerce showed on June 2.

From May 25 to 31, the average wholesale price of 30 types of vegetables remained unchanged from a week earlier at 4.08 yuan (about $0.57) per kilogram, the data showed.

— More than 400,000 students in Beijing on June 1 returned to primary and middle schools as the COVID-19 epidemic continues to wane in the Chinese capital.

Due to the epidemic control, the spring semester originally slated for February was postponed. On June 1, over 1,000 primary and middle schools reopened.

The fourth and fifth grades of primary schools are scheduled to return to school on June 8, and the first to third grades are expected to resume class later.

— Chinese authorities have detailed new measures to boost e-commerce in rural areas, pledging diversified financial support to tap consumption potential in the underdeveloped market.

China will accelerate the building of a more efficient circulation system for agricultural products and a modern market system, according to a joint work plan released by government agencies.

— A total of 105 Chinese firms listed on the A-share market expect positive financial results in the first half of this year (H1) despite the COVID-19 epidemic, the China Securities Journal reported on June 1.

A total of 77 companies expected their net profits to increase by more than 10 percent year on year in H1 and 33 firms estimated that their net profits would double, data from financial information provider Wind showed.

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