BUSINESS >> Economy

China's trade with the US up 6.5% in the first 3 quarters despite trade tensions

China's foreign trade has advanced steadily despite some impact caused by trade tensions with the US, a Chinese official said on Friday.
Source: Global Times | 2018/10/12 12:49:37

China's development stems from reform and opening-up: MOC

China's development stems from its continued efforts to advance reform and opening-up, the Ministry of Commerce (MOC) said Thursday.
Source: Xinhua | 2018/10/12 9:22:37

China's State Council unveils plan to further tap consumption potential

The State Council, China's cabinet, announced on Thursday a public plan to improve the mechanisms for promoting household consumption between 2018 and 2020.
Source: Xinhua | 2018/10/11 22:53:40

German carmakers increase China presence despite tariff risk

German automakers have been increasing their footprints in China despite the escalating trade war with the US, which experts said reflects China's efforts to improve the foreign investment climate and promote the electric vehicle (EV) market.
Source: Global Times | 2018/10/11 22:48:42

China makes fast progress in scientific drive: Nobel Physicist

The development of China's scientific research has been marked by speed and quality, especially in the past five years, and the economic and social benefits will follow soon, Gerard Mourou, 2018 Physics Nobel Prize winner, said in Beijing on Thursday.
Source: Global Times | 2018/10/11 22:48:40

Tighter US investment rules to help China: analysts

Tightened rules on investment in the US in so-called sensitive sectors, potentially targeting Chinese merger and acquisition deals (M&A), might have a silver lining in terms of boosting China's domestic capacity in such areas, experts said on Thursday.
Source: Global Times | 2018/10/11 22:43:42

Smart transport system

Hunan University in Central China's Hunan Province has launched an innovation initiative to develop a smart urban public transport system, according to Thursday's Science and Technology Daily.
Source: Xinhua | 2018/10/11 22:38:43

New swine fever case

China has confirmed a new outbreak of African swine fever in Northeast China's Liaoning Province, the Ministry of Agriculture and Rural Affairs said Thursday.
Source: Xinhua | 2018/10/11 22:38:42

Alibaba executive warns trade war pain will be felt globally

The escalating trade war between the US and China is careening toward a “cold war or geopolitical war” that will reverberate around the world, a senior executive at Alibaba Group has said.
Source: Reuters | 2018/10/11 22:38:42

BYD gets Canada deal to supply electric buses

Chinese electric car maker BYD Automobile Co has signed an agreement with a Canadian tour company to supply 90 electric buses to be used in Vancouver, according to media reports on Thursday.
Source: Global Times | 2018/10/11 22:38:41

Tool producer to build factory in Vietnam

Tool manufacturer Hangzhou Great Star Industrial Co announced on Wednesday night that it would set up a manufacturing base in Vietnam as part of the company's overseas push and to prepare for uncertainties amid rising trade friction.
Source: Global Times | 2018/10/11 22:38:40

New railway set to fuel Tibet's economy, trade with India and Nepal: experts

The construction of the Sichuan-Tibet railway, dubbed the world's most challenging railway, will have a big influence in boosting Tibet's integration into South Asia and the China-proposed Belt and Road initiative (BRI), as well as facilitating its trade connectivity with China's developed regions, industry observers said on Thursday.
Source: Global Times | 2018/10/11 22:28:40

Asia holds great prospect in technology, internet development: Jack Ma

Jack Ma, founder of China's e-commerce giant Alibaba, hailed the prospect of technology and the internet in Asia on Wednesday, saying China and companies like Alibaba will take up the responsibility and opportunities to share its technology with neighbors.
Source: Xinhua | 2018/10/11 20:41:07

Silicon Valley eyes opportunities in China

China is poised to win a long-term race against the US in high-tech development opportunities as the world's most populous country is investing more in science and education than the US, a Silicon Valley senior executive said on Tuesday.
Source: Xinhua | 2018/10/11 20:41:06

China serves as a top export market destination for the Philippines

China currently serves as a top export market destination for the Philippines, Philippine Statistics Authority (PSA) has said.
Source: Xinhua-Global Times | 2018/10/11 20:38:41

China has no intention to meddle with US politics: MOFCOM

China refuted alleged accusations by top US leaders that China tried to "influence" US business leaders to give an opposing voice on current US trade practices, saying US entrepreneurs know whether such accusations stand.
Source: Global Times | 2018/10/11 20:28:40

U.S. stocks close sharply lower amid rising rates fears

U.S. stocks closed sharply lower on Wednesday as rising rate fears and tech share sell-off rattled the market.
Source: Xinhua | 2018/10/11 9:34:16

China to push SOE reform from guideline level to practical level: experts

The government's recent pledge to put reform of domestic State-owned enterprises (SOEs) in a "central position" shows the country's determination to build a market-oriented economy, experts said on Wednesday.
Source: Global Times | 2018/10/10 22:53:40