BUSINESS >> Companies

High-precision barge launched for massive Shenzhen-Zhongshan bridge project

China launched on Tuesday a gravel leveling barge, Yihangjinping 2, that will serve a key role in the construction of the Shenzhen-Zhongshan Bridge in South China's Guangdong Province.
Source: Global Times | 2019/4/9 21:03:40

Chinese vessel unloads 1,200 containers in Tripoli's port

A vessel, COSCO Shipping Panama, arrived from China at the Port of Tripoli on Tuesday to unload 1,200 containers, the National News Agency (NNA) reported.
Source: Xinhua | 2019/4/9 19:46:26

Huawei rumored to sell 5G chipsets to Apple as the US company is allegedly struggling with rollout of new products

China's Huawei Technologies is reportedly considering selling its advanced 5G chips to US smartphone giant Apple, which is allegedly struggling with the rollout of 5G products. A Chinese industry insider said there is a possibility that Huawei is likely to be a chipset supplier for the US company.
Source: Global Times | 2019/4/9 19:03:40

American cattle farmers pin hopes on China

On a chilly late March morning, Phil Ham and his two sons got up early for the biggest day of the year on their 1,700-acre (688 hectares) family farm in Forsyth, Georgia in the southern US.
Source: Xinhua-Global Times | 2019/4/9 18:13:41

Huawei rumored to sell its 5G chipset to Apple: analyst

China's Huawei Technologies is reported considering selling its advanced 5G chips to US smartphone giant Apple, which is allegedly struggling with the rollout of 5G products. A Chinese industry insider said there is a possibility that Huawei is likely to be a chipset supplier for the US firm.
Source: Global Times | 2019/4/9 14:30:16

Dongguan P2P lender investigation accelerated

Authorities in Dongguan, South China's Guangdong Province will increase investigation efforts into a peer-to-peer (P2P) lending platform, which had allegedly siphoned public deposits, to recover investor losses.
Source: Global Times | 2019/4/9 1:27:08

Chinese chemical firms face regulation

China's chemical industry is expected to face tough regulation from both central and local governments that will likely lead to closures of many small plants and prompt consolidation within the industry, after a pair of deadly explosions at chemical plants last month.
Source: Global Times | 2019/4/8 19:38:40

Smart cars put China's auto industry on fast track

A vintage green vehicle sits in front of the exhibition center of Chongqing Chang'an Automobile Co. It is the first Jeep manufactured in China. Next to it proudly stands a brand-new car installed with an auto-pilot system, which hit the market in March.
Source: Xinhua-Global Times | 2019/4/8 18:08:39

US takes on China in electric vehicle push

US government officials plan to meet with executives from automakers and lithium miners in early May as part of a first-of-its-kind effort to launch a national electric vehicle supply chain strategy, according to three sources familiar with the matter.
Source: Reuters-Global Times | 2019/4/8 17:53:40

Red tourism booms during Qingming holidays

Tourism in China boomed during the three-day Qingming holidays, with so-called “red tourism” sites commemorating the country's revolutionary heroes drawing even bigger crowds of patriotic citizens.
Source: Global Times | 2019/4/8 15:14:08

Xiongan zone explores new tourism model with 5G and VR

China Mobile, the country's largest telecom operator, has launched a 5G and virtual reality (VR)-based immersive tourism business model in North China's Xiongan New Area with the help from Huawei, a significant move in the use of advanced mobile technology in the country.
Source: Global Times | 2019/4/8 14:22:36

Jordan, China's Huawei sign deal to establish 3 academies

Jordan and China's telecommunication giant Huawei on Sunday signed an agreement to establish three academies in Jordan to enhance skills of young Jordanians in the field of technology.
Source: Xinhua | 2019/4/7 21:41:11

Huawei demonstrates technological innovations on 5G readiness in Bangladesh

China's telecommunication giant Huawei is showcasing its cutting-edge technological innovations on 5G readiness in Bangladesh.
Source: Xinhua | 2019/4/7 20:49:47

Heart over head, retail investors rush into bonds

When the major port and industrial hub of Ningbo in East China's Zhejiang Province sold China's first local government bonds to retail investors in March, an amount of $43 million was snapped up in just five hours.
Source: Reuters-Global Times | 2019/4/7 17:42:09

Foreign institutions continue to purchase Chinese bonds in March

Overseas institutions continued to buy Chinese bonds in March, according to data from the country's only authorized general China government bond depository.
Source: Xinhua-Global Times | 2019/4/7 17:42:04

China's top liquor brand Moutai reports strong profit growth in Q1

China's leading liquor brand Kweichow Moutai reported a net profit rise of 31 percent year-on-year from January to March.
Source: Xinhua | 2019/4/7 17:10:58

Daimler begins construction of battery factory in Germany

Daimler has begun construction of a new battery factory near its main site Untertuerkheim in the city of Stuttgart, the German car manufacturer announced on Friday.
Source: Xinhua | 2019/4/6 20:08:54

FAA chief defends 737 MAX safety inspectors from whistleblower

The acting top U.S. aviation regulator defended the Federal Aviation Administration (FAA) on Friday from charges by an unnamed agency employee who told congressional investigators that aviation safety inspectors who worked on the certification of now-grounded Boeing 737 MAX may have been unqualified.
Source: CGTN | 2019/4/6 16:18:07