BUSINESS >> Companies

Supply-side reform key to competitiveness

China's financial supply-side reform and opening-up, which the government is committed to pushing forward amid a complex internal and external environment, is the key in elevating the industry's global competitiveness, mitigating global uncertainty and sustaining the Chinese economy, regulatory authorities and industry insiders said at the Tsinghua PBCSF Global Finance Forum 2019.
Source: Global Times | 2019/5/27 15:33:40

UN to partner with Alibaba on urban planning: official

The UN plans to partner with Chinese tech giant Alibaba Group Holding Ltd. to use artificial intelligence to boost urban planning, an official said on Sunday.
Source: Xinhua | 2019/5/27 1:26:01

China's Huawei to promote smart cities in Africa

Chinese telecom giant Huawei Technologies is keen to promote smart cities in Africa in order to boost environmental sustainability, an official said on Sunday.
Source: Xinhua | 2019/5/27 1:24:35

Controversial engine idea doesn't hold water

The Hi-tech Zone of Nanyang, Central China's Henan Province, said Sunday that a controversial new water-hydrogen engine involved in its automotive innovation is a prototype that requires improvement.
Source: Global Times | 2019/5/26 22:00:42

Big data drives high-quality new growth

The digital economy has grown into a powerful engine driving China's high-quality economic and social development, and Chinese tech firms have the confidence and ability to withstand uncertainties and pressure in the global market amid ongoing China-US trade tensions, officials and corporate representatives said Sunday.
Source: Global Times | 2019/5/26 21:58:41

Huawei eyes the long game even under fire

China's Huawei Technologies Co has in recent weeks mounted a very vocal response to a US ban. But more than just words, the company has also taken concrete actions to prepare for the long game.
Source: Global Times | 2019/5/26 21:53:40

Playing to win

A resident plays a game with a virtual reality (VR) headset at a VR industry summit held in Huaibei, East China's Anhui Province on Saturday. The summit attracted more than 90 leading industry players including Taiwan-based HTC and Huantek in South China's Guangdong Province, to display their latest VR products. Photo: IC
Source: IC | 2019/5/26 21:43:40

Markets stable after takeover of China's Baoshang Bank

Financial regulators said on Sunday that the deposits and interest due in Baoshang Bank (BSB) will be protected in the wake of its takeover, and market liquidity will also be maintained to ensure normal operation. Regulators took over the bank Friday, citing “serious credit risks.”
Source: Global Times | 2019/5/26 21:33:39

Huawei blacklist and its impact on global supply chains

To be part of a community, whether that is a family, a sports team, a company or the community of nations, requires adherence to the norms and rules of that community. A commitment to fairness is also necessary for any community to thrive or even survive.
Source: CGTN | 2019/5/26 17:20:10

Standards bodies' rejection to have no impact on products, services: Huawei

Standards and industry organizations should uphold the principle of openness and should not bar any company for political purposes, Chinese tech firm Huawei said in response to its membership suspension by several industry associations.
Source: | 2019/5/26 14:50:32

Budapest airport signs agreement with aviation investment firm from China

Budapest Airport had signed an agreement with China's Henan Civil Aviation Development and Investment Co Ltd (HNCA) in the framework of the Belt and Road Initiative (BRI), the airport announced here on Saturday in a statement.
Source: Xinhua | 2019/5/25 20:27:43

China to promote enterprises' science, technology innovation

China will improve and implement current policies of promoting enterprises' science and technology innovation, an official with department of research commercialization and regional innovation of Ministry of Science and Technology said at a press conference held at the State Council Information Office on Friday.
Source: Xinhua | 2019/5/25 17:10:45

Bank of Nanjing governor resigns

Shu Xingnong, the governor of the Bank of Nanjing, a rapidly growing city bank in East China's Jiangsu Province, resigned from all his positions at the bank over a job relocation, the bank announced without disclosing his successor.
Source: Global Times | 2019/5/25 12:19:33

Spanish partners, customers highlight their trust in Huawei

Huawei's partners and customers in Spain highlighted their trust in the company for the reliability it proved since the Chinese technology company landed in the European country in 2001.
Source: Xinhua | 2019/5/25 11:53:22

US-listed Chinese firms trade mostly lower

US-listed Chinese companies traded mostly lower on Friday with seven of the top 10 stocks by weight in the S&P US Listed China 50 index ending the day on a downbeat note.
Source: Xinhua | 2019/5/25 11:50:42

Industry body supports, helps Chinese airlines seek compensation from Boeing

China's airlines body said on Friday it supports its members who are seeking compensation from Boeing, as Chinese airlines stand to lose about 4 billion yuan ($578 million) by the end of June over grounded and delayed 737 MAX jets, according to its official statement.
Source: Global Times | 2019/5/24 22:58:40

US Huawei ban agitates allies

The tremendous pressure from the Trump administration on Chinese tech giant Huawei is hurting the high-tech industry, including the deployment of 5G, and Washington's continuing ideological battle shows US hegemony will endanger global growth, analysts and industry representatives said.
Source: Global Times | 2019/5/24 22:53:40

Boeing 737 Max 8 aircraft grounding causes heavy loss for Chinese airlines: association

The grounding of Boeing 737 Max 8 airplanes has caused heavy losses for Chinese airlines, said the China Air Transport Association (CATA) Friday, pledging to provide its member enterprises with aid in seeking compensation.
Source: Xinhua | 2019/5/24 20:28:20