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GM inaugurates battery assembly plant in Shanghai

US car maker General Motors has inaugurated a battery assembly plant in Shanghai that will support the company's expanding electric vehicle production in China.
Source: Xinhua | 2018/6/6 14:43:38

ADB holds forum to underline innovative technology in clean energy future for Asia

Technology and innovation can play a significant role in Asia and the Pacific's push towards a low-carbon energy future, with the potential to provide countries in the region with universal access to cleaner and more affordable energy sources, according to participants of an international forum held at the Asian Development Bank (ADB) headquarters.
Source: Xinhua | 2018/6/6 14:13:00

World Bank maintains global growth forecasts, warns of considerable downside risks

The World Bank on Tuesday kept its growth forecasts for the global economy unchanged for this year and next year, but warned of a combination of considerable downside risks including escalating trade protectionism.
Source: Xinhua | 2018/6/6 10:44:43

B&R debts to be addressed: analysts

There should be more transparent investment management and credit evaluation mechanisms, as well as more diversified sources of investment in order to allow the China-proposed Belt and Road (B&R) initiative to effectively inject impetus for new infrastructure projects in developing countries, analysts said.
Source: Global Times | 2018/6/5 22:38:40

Chinese may abandon airlines that refer to Taiwan as a 'nation': expert

Any foreign company operating in the Chinese market should comply with Chinese laws and regulations, and respect and adhere to the one-China policy, Chinese Foreign Ministry spokeswoman Hua Chunying said Tuesday.
Source: Global Times | 2018/6/5 22:33:39

World can learn from China's war on poverty

Some observers and media reports, especially from abroad, have expressed doubts about China's efforts to eradicate extreme poverty by 2020, citing problems with the country's complex bureaucracy, inaccurate data or other issues.
Source: Global Times | 2018/6/5 22:28:40

Australia's Huawei stance discriminatory: experts

The Australian government may block Huawei from taking part in the country's fifth-generation (5G) telecoms industry on the basis of national security, a stance that Chinese telecoms experts said was discriminatory and unfair.
Source: Global Times | 2018/6/5 22:28:39

Deeper and down

Diqiao No.1, a drilling machine with the capacity to drill as deep as 10,000 meters, completes its maiden job in Daqing, Northeast China's Heilongjiang Province, over the weekend. The machine, developed by Jilin University, drilled down to 7,018 meters. China has become the third country in the world that has the equipment and technology to drill to 10,000 meters after Russia and Germany. Photo: VCG
Source: VCG | 2018/6/5 22:08:40

China-Russia transport agreement to be signed at summit

China and Russia expect to sign an agreement during the upcoming Shanghai Cooperation Organization (SCO) Summit, which will allow each other's transport vehicles to run freely in both countries, a Chinese transportation company told the Global Times on Tuesday.
Source: Global Times | 2018/6/5 22:08:39

Figuratively Speaking

11.9% The year-on-year growth rate of China's services trade in the first four months of 2018, reaching 1.67 trillion yuan.
Source: Global Times | 2018/6/5 22:03:40

Steady economic activity seen in May, says report

China posted steady economic growth in May, supported by a string of solid data, according to a report by Standard Chartered Bank.
Source: Xinhua-Global Times | 2018/6/5 22:03:40

Ant Financial eyes services

Ant Financial Services Group, one of China's largest fintech companies, is shifting its main focus to technology services and away from payments and consumer finance amid the government's crackdown on financial risk, sources with knowledge of the matter said.
Source: Agencies-Global Times | 2018/6/5 21:58:42

Bottom line of video creation, copyright protection necessary

Chinese video platforms should strictly comply with the bottom line of creating videos and pay careful attention to copyright protection to ensure the sound long-term development of the sector, an industry analyst said.
Source: Global Times | 2018/6/5 21:58:41

Mozambique deals signed

The governments of China and Mozambique on Monday signed agreements for four projects worth $100 million during the 6th meeting of the Joint Commission for Economic, Technical and Trade Cooperation between the two countries.
Source: Agencies-Global Times | 2018/6/5 21:58:41

Tighter ride-hailing rules

The Chinese government has moved to tighten regulation of ride-hailing drivers and platforms, vowing to crack down on illegal activities and irregularities such as unlicensed services, privacy leaks and unfair competition, the Xinhua News Agency reported.
Source: Agencies | 2018/6/5 21:58:40

GM raises new-energy vehicle target for China

General Motors Co is accelerating the pace of electric vehicle (EV) launches in China as policymakers in the world's biggest auto market continue to promote EVs as an alternative to gasoline-powered cars.
Source: Reuters-Global Times | 2018/6/5 21:58:39

Eurasian Media Forum 2018 bridges the world

After three days of seminars and panel discussions, the Eurasian Media Forum 2018 successfully drew to a close in Kazakhstan's Almaty.
Source: Global Times | 2018/6/5 18:33:39

Apple developers conference kicks off with introduction of new OS updates

The Apple Worldwide Developers Conference (WWDC) 2018 started Monday in Silicon Valley, the United States, with the launch of new updates and productivity tools for iOS, macOS, watchOS and tvOS.
Source: Xinhua | 2018/6/5 13:43:12