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Beijing opens second international airport

Chinese President Xi Jinping on Wednesday announced the official operation of the Beijing Daxing International Airport, a mega airport in the south of Beijing, China's new gate to the world.
Source: Global Times | 2019/9/25 12:36:49

Huawei vows to fix 'loopholes' in building ecosystem in 2-3 years: chairman

Huawei will spend two to three years to fix "loopholes," or dependence, in construction of its operation system and open ecosystem, the Chinese tech giant said Tuesday.
Source: Global Times | 2019/9/24 23:48:40

First Greater Bay Area ETF raises more than $844m

The first exchange traded fund (ETF) tracking companies based in the Guangdong-Hong Kong-Macao Greater Bay Area had raised more than 6 billion yuan ($844 million) by the end of Monday, a reflection of domestic investors' optimism and anticipation involving the area's economic leap, analysts told the Global Times on Tuesday.
Source: Global Times | 2019/9/24 20:08:40

Xiaomi unveils 5G smartphones to gain foothold in competitive market

China's tech giant Xiaomi unveiled its first 5G smartphone for the Chinese market - the Xiaomi 9 Pro - on Tuesday amid rising competition in domestic 5G smartphone launches this year.
Source: Global Times | 2019/9/24 19:48:41

Consumer concerns over iPhone 11 surface after early sales surge

Chinese consumers have been storming US tech firm Apple Inc's retail stores since the arrival of its flagship iPhone 11 last week, along with the first wave of comments pinpointing the gadget's weakness in overheating and weak signals, media reports and customer reviews at e-commerce site showed.
Source: Global Times | 2019/9/23 21:48:40

China's autonomous driving gets boost from 5G

China's autonomous driving sector will enter the fast lane to maturity with the comprehensive application of advanced technologies such as artificial intelligence and 5G, and will play an increasingly leading role in the global industry, analysts said on Monday.
Source: Global Times | 2019/9/23 21:43:41

Huawei Mate 30 remakes supply chain, finds domestic suppliers amid US ban

Huawei's latest smartphone sourced most of its components from domestic suppliers, reflecting its ability to quickly find substitutes for US components amid the crackdown by Washington. It also showed the overall growth of Chinese domestic chip manufacturing under the US pressure, which may put US companies at risk, analysts said.
Source: Global Times | 2019/9/23 21:23:40

Alibaba to explore overseas market under new chairman

Led by a new chairman, Alibaba Group Holding, the largest e-commerce company in China, has put globalization ahead of domestic demand and big data/cloud computing in its future strategy, which shows it is inclined to put more effort into exploring overseas markets, experts told the Global Times on Monday.
Source: Global Times | 2019/9/23 19:53:40

Rare-earth industry moving up industry chain, doesn't seek monopoly: executive

The global dominance of China's rare-earth industry reflects expedited moves toward high-end manufacturing, rather than a monopoly tactic, said an executive of a leading Chinese rare-earth company.
Source: Global Times | 2019/9/23 19:13:40

British travel giant Thomas Cook declares bankruptcy after failing to reach rescue deal

British travel giant Thomas Cook declares bankruptcy after failing to reach rescue deal
Source: Xinhua | 2019/9/23 12:39:37

HKEX offer 'late' but efforts will continue, says chief executive

It is normal that the London Stock Exchange (LSE) rejected a proposed acquisition by the Hong Kong Stock Exchange (HKEX), said HKEX Chief Executive Charles Li Xiaojia, adding that the bourse will continue its efforts.
Source: Global Times | 2019/9/22 22:18:40

Huawei expands globally despite US crackdown

Chinese telecom behemoth Huawei Technologies has made strides over the past few days in expanding its presence globally, from striking deals in Brazil to opening 5G facilities in the UK, in a show of resilience in the face of what could have been a crippling US crackdown.
Source: Global Times | 2019/9/22 22:13:41

Digital currency won't come as early as speculated: China's central bank

The People's Bank of China (PBC), the central bank, has said that media reports about launching a national digital currency in November are “inaccurate speculation.” Information including the launch time and participating institutions that has circulated online since the end of August is “inaccurate,” according to a statement on China's official rumor refuting platform piyao.org.cn on Saturday.
Source: Global Times | 2019/9/22 20:08:40

Chinese ride-hailing giant to shore up service security by launching Party member drivers

China's biggest ride-hailing company Didi Chuxing has recently launched a service by drivers who are members of the Communist Party of China. Customers praise the move and note that the new services could make passengers feel safer.
Source: Global Times | 2019/9/22 17:18:39

Plant-based meat in China: a bullish future without meat

"Meatless meat" has been a buzzword that's not only dominating headlines but also a hot investment for investors. Ever since the US plant-based meat company Beyond Meat was listed on Nasdaq in May, the capital markets' response to the meat alternative was nothing short of a frenzy.
Source: Global Times | 2019/9/22 15:06:36

Maserati recalls over 700 vehicles in China

Italian luxury car manufacturer Maserati has begun a recall of 711 vehicles in China over defective headlight beams, according to China's market regulator.
Source: Xinhua | 2019/9/22 13:55:54

Huawei opens 5G training center in Britain

Huawei unveiled its 5G Birmingham Training Center here on Friday to ensure that relevant 5G training is in place to meet current and future information and communications technology (ICT) needs in Britain.
Source: Xinhua | 2019/9/21 9:37:24

Huawei unveils flagship Mate 30 Series smartphone

China's telecom giant Huawei unveiled its Mate 30 Series, the world's first second generation 5G smartphone on Thursday in Munich, Germany.
Source: Xinhua | 2019/9/20 9:45:40