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News from China
Costco acquires rights to Pudong land tract
19th February 2020

 US-based retailer Costco and a Chinese developer have acquired the use rights of an industrial and commercial land parcel in the Pudong New Area. 

 
A consortium made up of Costco's wholly owned unit Pudong Warehouse Development Limited and Shanghai Heyu Industrial Co Ltd, a subsidiary of developer Galaxy Holding Group, is the sole bidder for the block of land from the Planning, Land and Resources Administration of the Pudong New Area. 
 
It made a successful bid of 898 million yuan (US$128 million) for 40 years of use rights for the tract, which covers 4,7319.2 square meters, according to a filing to Shanghai's land transfer system on Tuesday.
 
Costco said it hasn't decided on the opening date of a Pudong store. The company offered no further details.
 
The block of land in the Kangqiao Industrial Zone is close to the Shanghai Disney Resort, and has been designated for commercial, catering or hospitality service purposes. 
 
Costco is the latest in a long line of foreign retailers to tap the booming local consumer market and the opening of its first store on Chinese mainland in Minhang District has drawn huge enthusiasm from shoppers.
 
Executive Vice President and Chief Financial Officer Richard Galanti revealed during an interview in September that Costco aims to build a second Shanghai store by the end of 2020 or early 2021.
 
Source: Shanghai Daily, February 19, 2020
City hospital's recovery rate almost 50%
18th February 2020

 The local recovery rate for novel coronavirus pneumonia reached nearly 50 percent, experts announced on Monday.

 
So far, 161 of 332 coronavirus patients have been discharged in Shanghai, according to the Shanghai Health Commission.
 
Lu Hongzhou, a professor at the Shanghai Public Health Clinical Center, a designated hospital for coronavirus patients, said treatment had been included multidisciplinary care, a combination of Chinese and Western medicine and “one person, one treatment.”
 
The multidisciplinary team consists of doctors from the intensive care unit, an extracorporeal membrane oxygenation group, a continuous renal replacement therapies group, a respiratory therapy group and a mental health group, Lu said.
 
“The local best medical resources gather in the Shanghai Public Health Clinical Center,” said Lu. 
 
He said traditional Chinese medicine had been having a positive effect on treatment for the infection.
 
“Almost all the current coronavirus patients in our hospital have received traditional Chinese medicine treatment,” said Lu. “The traditional approaches have their own advantages.”
 
He said two patients who had a high fever and suffered from constipation and abdominal distension got better after enema therapy, a traditional Chinese medicine treatment.
 
“We ensure that every patient receives the most appropriate treatment here,” said Lu.
Source: Shanghai Daily, February 18, 2020
Chinese university develops rapid test kit for novel coronavirus
17th February 2020

 China's Nankai University has announced a breakthrough in developing a novel coronavirus rapid test kit that can identify infection among suspected patients within 15 minutes.

 
The new virus detection product, called Novel Coronavirus (2019-nCoV) IgM/IgG antibody detection kit, was developed by the century-old university based in northern China's Tianjin, together with a group of experts from other Chinese universities and biopharmaceutical companies.
 
The fast test card, part of the kit, can detect the virus in just 15 minutes.
 
The test kit can shorten the testing time, provide easier and faster operation and make rapid diagnosis of suspected patients and on-site screening of people in close contact, the university said in a statement.
 
Last week, China's Ministry of Science and Technology solicited research projects on rapid test kits for the novel coronavirus, saying that current nucleic acid detection reagents take a long time and have intricate operations. They are unable to meet the fast-growing needs of the quick testing on suspected patients and asymptomatic infections.
 
A number of research teams across China are developing or have developed rapid testing products for the novel coronavirus.
 
The Nankai test kit is expected to be used in epidemic prevention and control soon, the university said.
Source: Shanghai Daily, February 17,2020
China reports 5,090 new confirmed cases of coronavirus infection, 121 new deaths
14th February 2020

 Chinese health authorities on Friday said it received reports of 5,090 new confirmed cases of novel coronavirus infection and 121 deaths on Thursday from 31 provincial-level regions and the Xinjiang Production and Construction Corps.

 
Among the deaths, 116 were in Hubei Province, two in Heilongjiang, and one in Anhui, Henan and Chongqing respectively, according to the National Health Commission.
 
Another 2,450 new suspected cases were reported Thursday, said the commission.
 
Also on Thursday, 2,174 patients became seriously ill, while 1,081 people were discharged from hospital after recovery.
 
The overall confirmed cases on the Chinese mainland had reached 63,851 by the end of Thursday, and 1,380 people had died of the disease.
 
The commission added that 10,204 patients remained in severe condition, and 10,109 people were suspected of being infected with the virus.
 
A total of 6,723 people had been discharged from hospital after recovery.
 
The commission said 493,067 close contacts had been traced, adding that among them, 26,905 were discharged from medical observation Thursday, with 177,984 others still under medical observation.
 
By the end of Thursday, 53 confirmed cases including one death had been reported in the Hong Kong Special Administrative Region, 10 confirmed cases in the Macao SAR, and 18 in Taiwan.
 
One patient in Hong Kong, three in Macao and one in Taiwan have been discharged from hospital after recovery.
Source: Shanghai Daily, February 14, 2020

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