BUSINESS >> Economy

China's high-tech market in spotlight ahead of import expo

High-tech products and technology are set to draw the spotlight at China's upcoming import expo, the first of its kind in the country.
Source: Xinhua | 2018/10/6 9:03:56

China sees tourism boom during National Day holidays

China is experiencing a tourism boom during the weeklong National Day holidays, driving the country's economic growth.
Source: Global Times | 2018/10/4 19:45:35

Future of world trade is small businesses, e-commerce: Jack Ma

The Director General of the World Trade Organization Roberto Azevedo and Jack Ma, Executive Chairman of China's Alibaba Group both said Tuesday that technology should not be feared but rather harnessed to develop trade and society.
Source: Xinhua | 2018/10/4 10:25:11

Centrally administered SOEs more lean: report

China's centrally administered State-owned enterprises (SOEs) posted an average debt-to-asset ratio of 66.2 percent as of July, down 0.3 percentage points year-on-year, the Xinhua News Agency reported on Tuesday.
Source: Global Times | 2018/10/2 11:47:44

China's CPI growth expected to pick up in September: report

China's consumer price index (CPI), a main gauge of inflation, was expected to grow 2.5 percent year on year in September, slightly higher than the previous month, according to a research report.
Source: Xinhua | 2018/10/1 20:16:31

China's rail freight volume sees steady growth

China's railway freight volume, an indicator of broad economic activity, expanded at a steady pace in the first eight months of the year.
Source: Xinhua | 2018/10/1 18:06:13

Tencent announces restructuring, new business groups

Chinese Internet giant Tencent Holdings Ltd. on Sunday announced its first restructuring in six years, with two new business groups to be established.
Source: Xinhua | 2018/10/1 17:34:14

S. Korean carmakers' global auto sales fall in September on less business days

Global auto sales by South Korean carmakers fell last month on less business days, industry data showed Monday.
Source: Xinhua | 2018/10/1 17:02:11

Crisis awareness reflects housing market game changer

The slogan "To Survive" revealed by a major Chinese real estate developer sparked widespread concerns over the further cooling-down of the domestic housing market, which also signaled a looming crisis for some small and medium-sized companies, industry insiders said.
Source: Global Times | 2018/10/1 16:56:08

China gives Shanghai Expo exhibitors, visitors swift border clearance

International exhibitors and visitors to Shanghai for the upcoming China International Import Expo are entitled to swift border inspection at Shanghai's two airports and Shanghai's railway stations starting Monday.
Source: Global Times | 2018/10/1 15:20:47

Australian economy "strong" despite high household debt: Treasurer

Australia's Treasurer Josh Frydenberg has played down concerns about the nation's rising household debts, saying the heaviest burdens are on those that can carry them.
Source: Xinhua | 2018/10/1 13:20:18

Chinese, US companies to strengthen cooperation in film production

The US-based film company the H Collective has said that it will further strengthen its cooperation with iQiyi, one of China's largest online streaming services.
Source: Xinhua | 2018/10/1 11:56:38

China's new tax cut to boost consumption, improve livelihood

China's new individual income tax threshold will have a significant impact on domestic consumption incentives, which is also in line with the country's long-term tax reform, experts said on Monday.
Source: Global Times | 2018/10/1 11:13:17

Uncertainty in the global economy to serve as a catalyst for Chinese start-ups: analysts

Chinese e-commerce platforms, including online group discounter Pinduoduo and food delivery site Meituan Dianping, have been "ringing the bell" in recent months to celebrate their IPOs.
Source: Global Times | 2018/10/1 9:55:56

China's services trade grows 10.5%

China's services trade saw relatively fast growth in the first eight months, with trade volume of the newly emerging services sector exceeding 1 trillion yuan ($145.6 billion) during the period, official data showed on Saturday.
Source: Global Times | 2018/9/29 22:33:41

Over 5,000 volunteers get set for China's first import expo

More than 5,000 volunteers from Chinese colleges and universities have been recruited for the upcoming 2018 China International Import Expo (CIIE), the Shanghai municipal committee of the Communist Youth League said.
Source: Xinhua | 2018/9/29 15:26:40

Trade friction to hamper US, world economy: US trade expert

The trade friction between China and the United States will negatively affect the US economy by offsetting tax cut benefits and causing higher consumer prices, a trade expert told Xinhua on Friday.
Source: Xinhua | 2018/9/29 14:28:29

Chinese FM warns against increasing negative sentiment in U.S.

Chinese State Councilor and Foreign Minister Wang Yi on Friday warned against the rising negative sentiment towards China in the United States.
Source: Xinhua | 2018/9/29 13:40:13