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Source: Global Times | 2018/6/14 17:38:40

PepsiCo becomes the first to donate $2m

PepsiCo, Inc announced on June 14 a $2 million grant to China Women's Development Foundation (CWDF) to support its new initiative “Water Cellar for Mothers-Green Village” program. PepsiCo becomes the first Fortune 500 to support this new initiative. PepsiCo has been a significant donor to CWDF in recent years.
Source: Global Times | 2018/6/14 16:33:39

CRRC upgrades speed of homegrown commercial maglev train to 160km per hour

CRRC Co has rolled out an upgraded 160-kilometer-per-hour 500-passenger commercial maglev train in Zhuzhou, Central China's Hunan Province, the company said on Wednesday.
Source: Global Times | 2018/6/13 22:58:40

Didi increases available hours for Hitch

China's biggest ride-sharing company, Didi Chuxing, will resume its carpooling feature for certain time periods from Friday following a security appraisal, the company said on Wednesday.
Source: Global Times | 2018/6/13 22:53:43

China, Russia achieve steady progress in energy cooperation

Sino-Russian energy cooperation has been making steady progress in the past year, despite rising challenges from the US energy sector, which is eager to export natural gas to China, Kirill Dmitriev, CEO of the Russian Direct Investment Fund (RDIF), told the Global Times on Wednesday.
Source: Global Times | 2018/6/13 22:18:41

Foxconn US headquarters

Foxconn Technology Group opted to have its regional headquarters in Milwaukee, the biggest city in the midwestern US state of Wisconsin, local media reported on Tuesday.
Source: Agencies | 2018/6/13 21:38:42

Hengli buys Brazilian oil

Chinese chemical producer Hengli Group has bought its first crude oil cargo from Brazil ahead of the start-up of a new refinery in the fourth quarter, two sources with knowledge of the matter said on Wednesday.
Source: Agencies | 2018/6/13 21:38:41

China's submarine observation sector needs own core technology: analysts

China has been ramping up efforts to develop maritime technologies and the maritime economy, but the lack of certain technology, especially in the submarine observation sector, might hurt the pace of development, experts said Wednesday.
Source: Global Times | 2018/6/13 21:38:40

China leads 5G deployment race: EY

China is leading in the race for fifth-generation (5G) development, and 5G connections in China will reach 576 million by 2025, representing over 40 percent of global use, according to the latest EY report sent to the Global Times on Wednesday.
Source: Global Times | 2018/6/13 21:33:41

Malpractices in apps

The Ministry of Industry and Information Technology publicized a list of problematic apps found during its inspections in the first quarter of this year, the China News Service reported on Wednesday.
Source: Global Times | 2018/6/13 21:28:40

Merger talk swirls over China oil, gas pipelines

Construction of pipelines to carry natural gas and oil in China is set to increase significantly over the next few years, but that doesn't mean there's a necessity to merge the current pipeline businesses of the nation's three oil giants, energy experts said.
Source: Global Times | 2018/6/13 21:08:41

ZTE has untapped potential despite tumbling shares: analysts

Chinese telecom giant ZTE Corp's shares tumbled on Wednesday during their first day of trading after a nearly two-month suspension, as the company recovers from a crippling US ban but faces severe punishment.
Source: Global Times | 2018/6/13 19:33:40

China World Summit Wing, Beijing holds Global Wellness Day yoga event

On June 9, China World Summit Wing, Beijing and SpaceCycle jointly organized a yoga master class for Global Wellness Day.
Source: Global Times | 2018/6/13 18:28:40

Beijing Marriott Hotel Northeast appoints new director of operations

Beijing Marriott Hotel Northeast is pleased to announce Simon Ji as their new director of operations.
Source: Global Times | 2018/6/13 18:28:39

2018 Le Tour de France Events in China to Kick off

The 2018 Le Tour de France Events in China hosted a press conference in Beijing on June 4, during which the details of the upcoming events in China were revealed to the public.
Source: Global Times | 2018/6/13 18:23:39

G-EXPO World Football Summit held in Bengbu Ancient Dwelling Expo Park

On June 6, “Prince Zebra” Alessandro del Piero led 1,600 stars across the arch starting line engraved with the words “G-EXPO Star Running,” thus announcing the formal opening of the first G-EXPO World Football Summit.
Source: Global Times | 2018/6/13 18:13:40

China fuels clean energy development with wind turbines

Three Chinese-made typhoon-resistant offshore wind turbines, some of the world's most powerful of their kind, have been running at full capacity this month in the Xinghua Gulf of East China's Fujian Province.
Source: Xinhua-Global Times | 2018/6/13 17:13:40

ZTE shares plunge after US settlement, but market upbeat on long-term growth of chip sector

Chinese telecom giant ZTE Corp's shares on the Chinese mainland and in Hong Kong took a nose dive during the first day of trading on Wednesday after a nearly two-month suspension, following a settlement reached with US regulators that cost the firm billions of dollars but avoided a supplier ban from the US.
Source: Global Times | 2018/6/13 13:18:39