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每日新闻播报(October 14)

chinadaily.com.cn 2020-10-14 16:20

The photos of Laureates of the 2020 Nobel Prize in Economics are seen on a screen during the prize announcement in Stockholm, Sweden, Oct. 12, 2020. The 2020 Nobel Prize in Economics was awarded to Paul R. Milgrom and Robert B. Wilson "for improvements to auction theory and inventions of new auction formats," the Royal Swedish Academy of Sciences announced here on Monday. [Photo/Xinhua]

>US economists win Nobel prize
The 2020 Nobel Prize in Economics was awarded to Paul R. Milgrom and Robert B. Wilson "for improvements to auction theory and inventions of new auction formats," the Royal Swedish Academy of Sciences announced on Monday.
Milgrom and Wilson, professors at Stanford University, "have studied how auctions work, and used their insights to design new auction formats for goods and services that are difficult to sell in a traditional way, such as radio frequencies," the academy said in a statement.
Their discoveries have benefited sellers, buyers and taxpayers around the world, it said.


Britain's Prime Minister Boris Johnson gestures as he speaks during a virtual news conference on the ongoing situation with the coronavirus disease (COVID-19), at Downing Street, London, Britain Oct 12, 2020. [Photo/Agencies]

>UK's new lockdown system
British Prime Minister Boris Johnson on Monday announced a new three-level COVID-19 alert system that will be implemented across England.
Outlining the new strategy, Johnson said it can simplify and standardize local rules by introducing the system, set at "medium", "high" and "very high".
The "medium" alert level will cover most of the country and will see current social distancing measures, the "rule of six" and a pub curfew of 10 pm, enforced.
The "high" alert level would reflect interventions in many local areas at the moment, primarily aimed at reducing household to household transmission, by preventing all mixing between different households or "support bubbles" indoors.
The "very high" level will apply where transmission rates are rising most rapidly and where the National Health Service could soon be under unbearable pressure without further restrictions.
In those areas the government will set a baseline of prohibiting social mixing indoors and in private yards, as well as closing pubs and bars. But retail shops, schools and universities will remain open.


A gaming fan in Shenyang, capital of Liaoning province, takes part in an online King of Glory playing competition. [Photo/China Daily]

>900M online audio-and-video users
The number of internet audio-and-video users in China reached 901 million as of June, covering 95.8 percent of all internet users in the country, according to a new report. The report was released at the 8th China Internet Audio & Video Convention, held in the southwestern Chinese city of Chengdu.
The number of short-video users hit 818 million in June, with an average time of 110 minutes spent on short-video apps per person each day, surpassing that of instant messaging services, the report said.
Zhou Jie, executive deputy secretary-general of the China Netcasting Services Association, said short-video services have expanded to cover various fields, such as news and education, rather than just serving as entertainment.
E-commerce livestreaming is the fastest-growing internet application in 2020, said the report.
The number of internet livestreaming service users in China reached 562 million in June, with that of e-commerce livestreaming hitting 309 million.

A customer holds a beverage from Luckin Coffee in Zhengzhou, Central China's Henan province, April 2, 2020. [Photo/Sipa]

>Luckin fined for unfair competition
The State Administration for Market Regulation fined five companies, including Luckin Coffee China Co Ltd, two million yuan ($297,000) each for unfair competition.
The administration issued an administrative penalty decision on Monday stating Luckin Coffee China and Luckin Coffee Beijing, between April and Dec of last year, collaborated with multiple third-party companies to fabricate 123 million false coffee orders.
Luckin Coffee had hired individuals and enterprises to make orders, adding false income and forging banking transaction records, which deceived and misled consumers, according to the administration.
The administration has ordered the coffee chain to cease its illegal activities.

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