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Backgrounder: Digital Economy Partnership Agreement******
BEIJING, Nov. 3 (Xinhua) -- China has filed a formal application to join the Digital Economy Partnership Agreement (DEPA), the Ministry of Commerce announced Monday.。
The DEPA, signed in June 2020 by Chile, New Zealand and Singapore, is a new type of trade partnership agreement seeking to bolster digital trade by regulating issues related to the digital economy, including digital inclusion, data flows and protection, and artificial intelligence.。
It is designed to complement and support the ongoing World Trade Organization (WTO) negotiations on e-commerce, and to build on the digital economy work underway within Asia-Pacific Economic Cooperation, the Organization for Economic Cooperation and Development, and other international forums.。
The DEPA is divided into modules which cover topics such as business and trade facilitation, data issues, business and consumer trust, innovation and the digital economy, etc.。
The DEPA is an open plurilateral agreement to which other WTO members are eligible to join if they are able to meet its standards.。
The agreement has since attracted interest from Canada and South Korea, with Seoul formally applying to join the pact last month.。
The application to join DEPA is in line with China's direction of further deepening domestic reform and expanding high-level opening-up, and will help the country strengthen digital economy cooperation with other members and promote innovation and sustainable development under the new development paradigm, the ministry said. Enditem。
Aguero expected to confirm retirement on Wednesday******
MADRID, Dec. 14 (Xinhua) -- Sergio Aguero is expected to announce his retirement from football due to a heart complaint on Wednesday lunchtime in a press conference at the Camp Nou Stadium, his club FC Barcelona confirmed.。
33-year-old Aguero has not played since suffering an arrythmia when Barcelona hosted Alaves on October 30, which saw him taken to hospital. The club explained that the Argentinian would be sidelined for at least three months, in which tests would be carried out to see whether he would be able to continue with his career.。
If Aguero does confirm his retirement from the game, it will mean he has made just five appearances for Barca after joining on a free transfer from Manchester City over the summer. Enditem。
Chinese shares close lower Wednesday******
BEIJING, Oct. 20 (Xinhua) -- Chinese stocks closed lower on Wednesday, with the benchmark Shanghai Composite Index down 0.17 percent, at 3,587 points.
The Shenzhen Component Index closed 0.33 percent lower at 14,452.25 points. Enditem
China's industrial profits sustain sound growth in first three quarters******
BEIJING, Oct. 27 (Xinhua) -- Profits of China's major industrial firms maintained sound growth momentum in the first three quarters of the year as industrial production continued to recover and business operations kept improving, official data showed on Wednesday.
Industrial firms with annual business revenues of at least 20 million yuan (about 3.1 billion U.S. dollars) saw their combined profits jumping 44.7 percent year on year in the January-September period to top 6.34 trillion yuan, data from the National Bureau of Statistics (NBS) showed.
The volume surged 41.2 percent compared with the 2019 level, putting the average January-September growth for 2020 and 2021 at 18.8 percent.
In September alone, major industrial companies raked in profits of 738.74 billion yuan, up 16.3 percent year on year, NBS data showed. Enditem