BUSINESS >> Companies

Huawei resilient under existential threat

For many, an intensifying global crackdown campaign by the US government could be terrifying and existential. But for Ren Zhengfei, CEO and founder of Chinese telecom giant Huawei, this could be a best time for the company rather than the most dangerous risk.
Source: Global Times | 2019/5/27 21:13:41

China's industrial profits fall in April over cut in value-added tax: NBS

The profits of China's major industrial enterprises fell in April due to a value-added tax (VAT) rate reduction that caused the front-loading of demand for some items in March, official data showed Monday.
Source: Global Times | 2019/5/27 21:03:41

China-Brunei joint venture donates to needy families

Hengyi Industries Sdn Bhd, a joint venture between China and Brunei, fulfilled part of their corporate social responsibilities by providing donations to orphans and the underprivileged on Monday.
Source: Xinhua | 2019/5/27 20:53:43

Niger eyes cooperation with China's Alibaba

Niger wholeheartedly looks forward to cooperating with Alibaba Group Holdings, not only to boost agricultural product exports with the help of e-commerce but also to take part in training programs provided by the company, said Nigerien President Mahamadou Issoufou.
Source: Global Times | 2019/5/27 20:08:40

AI brings new drive, reduced costs to Chinese healthcare sector

China's artificial intelligence (AI) sector is nurturing growing competitive competence across the globe and injecting high-quality growth impetus to domestic traditional industries, experts said on Monday.
Source: Global Times | 2019/5/27 19:43:41

Japanese automotive supplier Denso to build new plant in China

Japanese automotive supplier Denso Corp. will invest no less than 2 billion yuan (290.3 million US dollars) to build a plant in Nansha District of Guangzhou, capital of south China's Guangdong Province, sources with the district said Monday.
Source: Xinhua | 2019/5/27 16:58:04

EQ training gains popularity among Chinese parents

Chinese parents are sending their children to training institutions to develop social skills and leadership skills from as early as three years old, as more EQ training institutions are opening up in big cities in China.
Source: Global Times | 2019/5/27 16:55:26

Highlights of Tsinghua PBCSF Global Finance Forum

Editor's Note: During the Tsinghua PBCSF Global Finance Forum, Chinese officials and scholars shared their views on China's financial system and China-US relations. Here are some of their highlights.
Source: Global Times | 2019/5/27 16:38:40

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