China's exported submarines are relatively cheap but offer advanced technology, and designs for some of their features could be modified to meet customers' requirements, making them more competitive in the global market, an expert said Thursday.
Trade and investment cooperation between China and countries along the Belt and Road has been smooth and robust this year, a commerce ministry official said Thursday.
China Development Bank (CDB), a state-owned policy bank, said on Thursday that it will provide loans of 130 billion yuan (18.9 billion US dollars) to support the development of Xiongan New Area.
Telecom giant China Unicom said on Thursday that it will cut international roaming fees in countries and regions along the route of the "One Belt, One Road" initiative starting on May 1, according to a statement on the company's website.
Major industrial companies continued to post double-digit growth in March, adding to signs of a stabilizing Chinese economy, official data showed Thursday.
The value of China's individual investible assets reached 126 trillion yuan ($18.28 trillion) in 2016, 1.7 times the country's gross national product, ranking second in the world in terms of scale, according to a report jointly released by Industrial Bank Co and global consulting firm BCG on Thursday.
China's economic and trade cooperation with countries and regions along the route of the "One Belt, One Road" (B&R) initiative gained momentum in the first quarter of 2017, China's Ministry of Commerce (MOFCOM) said on Thursday ahead of the B&R Summit Forum that's scheduled for Beijing in May.
Sihanoukville port, once an impoverished part of Cambodia's southwestern Preah Sihanouk Province, has grown into a prosperous city like the innovation hub of Shenzhen, South China's Guangdong Province, the People's Daily reported Wednesday.
The Xiongan New Area, which was announced on April 1 by the Central Committee of the Communist Party of China and the State Council, is about 100 kilometers southeast of Beijing, and it will span three counties (Xiongxian, Rongcheng and Anxin) that sit at the center of the triangular area formed by Beijing, Tianjin and Shijiazhuang, Hebei's provincial capital. After speculative investors rushed to Xiongan to buy housing in early April, local governments announced restrictions to stabilize the property markets, which have achieved certain effects. So far, at least 40 centrally administrated State-owned enterprises have vowed to support the development of the new economic zone and companies in sectors like infrastructure and transportation will be the first to enter Xiongan. Although currently underdeveloped, Xiongan has large growth potential in the near future.
China's fast-developing real estate finance sector stands at a crossroads and domestic property developers are expected to rely on a combination of traditional financing models and other financing channels, said brokerage Jones Lang LaSalle (JLL) on Thursday.
The Bank of Japan on Thursday kept its monetary policy unchanged and lowered its inflation forecast for this fiscal year, saying its stimulus measures will be kept in place to achieve its reflation goal.
Australia needs to shift its trade focus from traditional partners such as the United States and Britain in favor of emerging economies such as China and India, according to an economic report released on Thursday.
China's major industrial firms continued to post double-digit growth in March, adding to signs of a stabilizing Chinese economy, official data showed Thursday.
China will keep integrating business certifications and licenses into one consolidated business license, which is to further reduce institutional costs for market entities and stimulate market vitality as part of the country's business registration reform.
Chinese companies' active investment in the US is acting as a lubricant for Sino-US relations, experts told the Global Times on Wednesday. They also noted that China and the US will be able to find a balance in the Sino-US trade status, which is a thorn in the side of the Trump administration.
The industrial sector, which accounts for more than one-third of China's GDP, picked up steam in the first quarter of 2017, a senior official said Wednesday.
As an example of interaction between China and the US in the field of train technology, 33 foreign employees from the Springfield, Massachusetts base of State-owned trainmaker China Railway Rolling Stock Corp (CRRC) Massachusetts have come to China for a three-month training program, domestic news portal people.cn reported on Wednesday.
Wanda Group said on Wednesday that it signed a strategic cooperation agreement with Abbott World Marathon Majors (WMM) in Beijing.