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Sino-US trade dispute not hurting air goods transport yet: IATA

The China-US trade dispute has not hurt air goods transport, a senior executive at the International Air Transport Association (IATA) said on Thursday.
Source: Global Times | 2019/1/24 23:23:41

BRI set to facilitate free, convenient trade and investment in high quality: MOFCOM

The China-proposed Belt and Road initiative (BRI) has yielded rich fruits in the first five years since it was proposed in 2013 and will continue to be promoted this year in a bid to build an open, free and convenient trade environment for its participants, said a Chinese senior official on Thursday.
Source: Global Times | 2019/1/24 23:23:41

Faster food

A passenger tries a meal in an intelligent no-staff restaurant at a train station in Qingdao, East China's Shandong Province on Wednesday, the first of its kind in China's railway system. It takes about 30 seconds to order a meal via scanning the QR code and get the food. The restaurant's promoters are hoping to satisfy soaring passenger demand during the Chinese New Year travel rush.
Source: VCG | 2019/1/24 22:58:42

Chinese venture capital could play key role in driving growth of Russia's capital-thirsty AI start-ups

When artificial intelligence (AI) proceeds to actual application, China and Russia will benefit from their engineers, entrepreneurs as well as the foreign and vast domestic market. China could therefore leapfrog the US as the world's AI leader, said a top Russian AI expert.
Source: Global Times | 2019/1/24 22:58:40

Large commercial property banned, real estate trusts encouraged in Xiongan

The Chinese government is determined to create the Xiongan New Area of North China's Hebei Province into a new zone that does not follow the same path of real estate-backed urbanization, modernization and growth experienced by China's major cities in past decades.
Source: Global Times | 2019/1/24 22:53:40

Huawei unveils world's first core 5G chipset, announces 30 worldwide 5G commercial contracts

China's Huawei Technologies launched the world's first core chip specifically designed for 5G base stations on Thursday in Beijing, securing its leading position for 5G deployments in spite of US-led efforts to contain China's technological rise.
Source: Global Times | 2019/1/24 21:03:40

Huawei unveils core 5G chipset, secured 30 5G commercial contracts worldwide

China's Huawei Technologies launched the world's first core chip specifically designed for 5G base stations on Thursday in Beijing, securing its leading position for 5G deployments in spite of political pressure.
Source: Global Times | 2019/1/24 13:08:53

Boeing completes first test flight of self-driving air taxi

Boeing Company on Tuesday successfully completed the first test flight of its autonomous passenger air vehicle (PAV) prototype in Manassas, U.S. state of Virginia, the Chicago-based plane-maker said in a statement Wednesday.
Source: Xinhua | 2019/1/24 9:18:50

US-listed Chinese firms trade mixed

US-listed Chinese companies traded mixed on Wednesday with half of the top 10 stocks by weight in the S&P US Listed China 50 index ending the day on a high note, and the other half on a low one.
Source: Xinhua | 2019/1/24 8:28:02

Chinese court's app to scan neighbors' debt sparks controversy

A court in North China's Hebei Province has launched an app to help local residents find indebted citizens by scanning WeChat, a move which some say enhances the social credit system but also raises concerns over privacy.
Source: Global Times | 2019/1/23 23:53:40

Robotic hotel

Gliding silently through Alibaba Group Holding's futuristic “FlyZoo” hotel, black disc-shaped robots about a meter in height deliver food and drop off fresh towels.
Source: Reuters | 2019/1/23 23:28:40

Public vents anger over Baidu search results

Chinese internet users complained about the country's search engine giant Baidu on Wednesday, claiming that a large proportion of Baidu's own products and services appear in search results on its website and calling for Google's return to the Chinese mainland market.
Source: Global Times | 2019/1/23 22:43:40

Hongqi sales spike

Hongqi, a brand under China's leading automaker FAW Group, sold 33,028 cars in 2018, up 602 percent year-on-year, FAW Group said on Wednesday.
Source: Xinhua | 2019/1/23 22:38:40

Vehicle-to-grid drive may power cars for free

Ever wanted to run your electric car for free? If you're open to a bit of give and take, then stay plugged in and your wishes might come true. At least that's what some European power companies and Japanese carmakers believe.
Source: Reuters-Global Times | 2019/1/23 17:18:40

Stock price of Qingdao Port maintains rally for three days after its debut in A-share market

The stock price of Qingdao Port International Co, operator of the world's seventh busiest port by shipping volume, has maintained the rally for three days after it made its debut in A-share market on Monday.
Source: Global Times | 2019/1/23 15:27:26

State-owned oil majors increase efforts in oil/gas exploration

China's three State-owned oil giants are increasing their efforts in oil and gas exploration as a way of reducing China's reliance on overseas oil and gas imports, the Shanghai Securities News reported on Wednesday.
Source: Global Times | 2019/1/23 13:43:02

Chinese firm to help Ghana better develop forest resources

China National Electronics Import & Export Corporation (CEIEC) and the Forestry Commission of Ghana signed a memorandum of understanding (MOU) on Tuesday to strengthen their cooperation in forest resource development.
Source: Xinhua | 2019/1/23 8:54:15

Chinese nuclear firm denies changing strategy in the UK to allay national concerns

China General Nuclear Power Corp (CGN) on Tuesday denied rumors that it has been in talks with Rolls-Royce over supplying equipment for a nuclear power plant the Chinese company is building in the UK to allay national security concerns, saying it has not changed its strategies.
Source: Global Times | 2019/1/22 22:26:14