BUSINESS >> Economy

China looks forward to forming closer trade ties with India: experts

China and India need to boost bilateral trade and attach more importance to building up bilateral relations with one another amid the trade protectionism of the US, experts told the Global Times.
Source: Global Times | 2018/12/2 20:53:41

China's import, export figures running ahead of last year

China's trade volume from January through mid-November surpassed the full-year value for 2017, setting the stage for another record year in spite of rising challenges, customs figures showed on Saturday.
Source: Global Times | 2018/12/2 20:53:40

Chinese project boosts Equatorial Guinea economy

The economy of Equatorial Guinea will be “significantly” boosted following the completion of the Chinese-built regulating reservoir of the Djibloho Hydropower Plant, President Teodoro Obiang Nguema Mbasogo said on Saturday.
Source: Xinhua | 2018/12/2 20:53:40

Industry upgrade ignites vocational training boom in Pearl River Delta

Long before graduation, the sixth class of students at the Dongguan Technician College in South China's Guangdong Province were snapped up by employers.
Source: Xinhua | 2018/12/2 20:53:39

Allowing foreign majority stakes in Chinese JVs shows China is delivering on financial sector opening: experts

China will accelerate the further opening-up of its financial markets to foreign institutions, trying to phase in a fair and transparent financial market environment with more vitality, industry analysts said.
Source: Global Times | 2018/12/2 20:33:39

Firms welcome China-US trade consensus, but negotiations pose uncertainties

Chinese and US business representatives expressed relief about the truce on more trade tariffs reached by the two countries' leaders on Saturday, but experts warned that some uncertainties remain.
Source: Global Times | 2018/12/2 20:30:05

Easy riders

A Shanghai resident uses the mobile app “Metro Daduhui,” developed by Alibaba's payment platform Alipay, to pay for subway fares in Ningbo, East China's Zhejiang Province. The app, which uses the world's first remote QR scanning technology, enables passengers in Shanghai, Ningbo and Zhejiang capital Hangzhou to ride the metro in any of the three cities, a sign of further regional connectivity in China's economic powerhouse Yangtze River Delta. Photo: IC
Source: IC | 2018/12/2 19:38:41

BAIC recalls 70,000 electric vehicles

Chinese automaker BAIC Motor Corp will recall about 70,000 electric vehicles due to brake booster flaws, according to the country's market regulator.
Source: Xinhua | 2018/12/2 19:38:40

China, UK agree to green BRI plan

The Green Finance Committee (GFC) of the China Society for Finance and Banking and the City of London's Green Finance Initiative (GFI) on Friday jointly published a set of green finance guidelines for the China-proposed Belt and Road initiative (BRI).
Source: Xinhua | 2018/12/2 19:38:40

China-Laos railroad

The first China-Laos Railway T-shaped concrete beam was successfully erected at the site of China Railway No.2 Engineering Group (CREC-2) in capital Vientiane on Sunday.
Source: Xinhua | 2018/12/2 19:38:39

Taxpayers pay 31.6 billion less thanks to new brackets

Chinese people found their tax liabilities on their October pay slips had dropped drastically after new tax brackets were adopted on October 1, according to the State Administration of Taxation (SAT).
Source: Xinhua | 2018/12/2 19:33:39

Argentina seeks to export more agriculture products to Chinese market amid trade tensions

Argentina is seeking to export more agricultural products to China, as progress has already been made after the two countries reached agreement on cherry exports, and are continuing negotiations on honey and pork exports, according to media reports on Sunday.
Source: Global Times | 2018/12/2 19:13:39

China, US halt trade dispute to give way for more talks

China and the US announced a temporary halt to their trade dispute, a decision which experts said "marks the beginning of a new round of trade talks" between the two largest economies.
Source: Global Times | 2018/12/2 15:21:28

China's Hainan raises annual tax-free shopping quota to 30,000 yuan

Tourists visit an international duty free mall in Sanya, south China's Hainan Province, Dec. 1, 2018. Effective on Saturday, China's Hainan Province raised its annual tax-free shopping quota to 30,000 yuan (about 4,300 U.S. dollars) per year from the current 16,000 yuan for travelers, without limit on the number of purchases, according to a joint statement from the Ministry of Finance (MOF) and China's customs and taxation authorities.
Source: Xinhua | 2018/12/2 11:14:07

Chinese taxpayers pay 31.6 billion yuan less in first month after income tax reform

Chinese people have found the tax expenses on their October pay slips drop drastically after new tax brackets were adopted on Oct. 1, according to the State Administration of Taxation (SAT).
Source: Xinhua | 2018/12/1 20:40:29

Ghana making significant progress in export: central bank

Ghana is making significant progress in the performance of its export sector, Governor of the Bank of Ghana Ernest Addison said here late Friday.
Source: Xinhua | 2018/12/1 20:24:52

China's trade volume surpasses 2017 total

China's total imports and exports between January and the middle of November this year surpassed the whole trade volume of 2017, customs data showed Saturday.
Source: Xinhua | 2018/12/1 16:09:40

S.Korea's export tops 50 bln USD for 7 months to November

South Korea's export topped 50 billion US dollars for seven months through November on robust demand for locally-made semiconductors and higher export price for oil products, the government report showed Saturday.
Source: Xinhua | 2018/12/1 11:11:46