BIZ

E-commerce boosting crab sales


Many domestic online-shopping sites such as JD.com Inc and Alibaba Group’s Tmall launched various sales promotion events on Saturday to mark the beginning of the season for freshwater crabs from famous lakes such as Yangchenghu in East China’s Jiangsu Province.

Made in China timepiece era

As the world’s factory, China produces 80 percent of the total global volume of watches. In South China’s Guangdong Province, considered a manufacturing hub, numerous ...

Airbus looks to China for A380 sales

Chinese airlines might need between 60 and 100 Airbus A380 double-decker jets over the next five or so years as passenger traffic grows, the planemaker’s ...



Chinese central bank drains 80 bln yuan from money market

China's central bank drained 80 billion yuan (12.1 billion US dollars) from the financial system through open market operations on Monday, with the volume of maturing securities exceeding new injections.
Source: Xinhua | 2017/9/25 14:20:05

Alipay extends reach in Starbucks stores in the Chinese mainland

Alipay, the Alibaba-backed mobile payment tool, announced on Monday that it can be used for payment in more than 2,800 Starbucks stores in the Chinese mainland starting from Monday, according to the official Sina Weibo account of Alipay.
Source: Global Times | 2017/9/25 13:38:39

Connectivity, Convergence and Collaboration: International Conference on China’s ties with the Outside World through the Belt and Road Initiative held in Northwestern Polytechnical University

International conference on "China's ties with the Outside World through the Belt and Road Initiative" was held at Northwestern Polytechnical University (NPU) from September 23 to 24, 2017.
Source: Globaltimes.cn | 2017/9/25 11:54:43

Breeders embrace harvest season of Taihu crabs in E China

A local breeder shows a Taihu crab at a breeding base in Huzhou City, east China's Zhejiang Province, Sept. 24, 2017. Local breeders embraced the harvest season of Taihu crabs recently.
Source: Xinhua | 2017/9/25 10:19:41

E-commerce boosting crab sales

Many domestic online-shopping sites such as JD.com Inc and Alibaba Group’s Tmall launched various sales promotion events on Saturday to mark the beginning of the season for freshwater crabs from famous lakes such as Yangchenghu in East China’s Jiangsu Province.
Source: Global Times | 2017/9/24 21:23:39

8 cities issue new housing rules

Eight more cities in China have recently announced regulations for the housing market, including restrictions on property purchases and sales.
Source: Global Times | 2017/9/24 21:18:40

Shanghai eyes unmanned vehicles

Shanghai is aiming to build an industrial cluster for producers of unmanned vehicles.
Source: Agencies | 2017/9/24 21:18:39

Homegrown wind turbine completed

A giant wind turbine developed by China has come off the production line in Southwest China’s Chongqing Municipality.
Source: Agencies | 2017/9/24 21:08:39

China calls for US caution over possible new trade measures against solar imports

China’s Ministry of Commerce (MOFCOM) said on Saturday that it hoped the US would be cautious with the use of restrictive trade measures after a US trade agency claimed that imported solar products could hurt domestic manufacturers.
Source: Global Times | 2017/9/24 21:08:39

Domestic auto-makers to see smart car boom

Chinese consumers’ future demand for new-energy vehicles and smart connected cars offers opportunities for domestic auto-makers in competing with their foreign rivals in the high-end market, according to a report research firm McKinsey & Co released over the weekend.
Source: Global Times | 2017/9/24 21:03:39

Parallel imports boost Chinese auto market

From the latest designer fashion to the most cutting-edge high-tech products, China's increasingly open market has brought the world's best goods to it doorstep.
Source: Xinhua | 2017/9/24 20:53:37

Gezhouba-led group wins Nigeria contract

A Chinese consortium led by China Gezhouba Group secured a contract to construct the Mambila hydroelectric power project in Nigeria worth $5.8 billion, said a statement on the company’s website on Friday.
Source: Global Times | 2017/9/24 20:42:17

Ping An takes 10% stake in Tsumura

Japanese drugmaker Tsumura & Co said on Friday Ping An Insurance Group Co of China will become its biggest shareholder by acquiring a 10 percent stake for 27.3 billion yen ($243.7 million).
Source: Reuters | 2017/9/24 20:42:16