BUSINESS >> Economy

Trend of upgrading domestic consumption remains strong, NDRC official says

China's consumption upgrade is accelerating, despite some sliding figures in 2018, the National Development and Reform Commission (NDRC), China's top economic planner, said on Tuesday.
Source: Global Times | 2019/1/29 20:28:40

Opportunities for ODI

Chinese companies will face a more complicated global situation when going overseas in 2019, a government official said on Tuesday.
Source: Global Times | 2019/1/29 20:13:40

China's ODI will face more opportunities than challenges in 2019: official

Chinese companies will face a more complicated global situation when going out in 2019, while generally, Chinese investment overseas will face more opportunities than risks, said an official with the Ministry of Commerce (MOFCOM) on Tuesday.
Source: Global Times | 2019/1/29 15:53:39

Consumption upgrade still shows an upward trend: NDRC

The current Chinese consumption level is still showing an upward trend in its structural upgrade, despite some sliding figures from 2018, the National Development and Reform Commission (NDRC), China's top economic planner, said on Tuesday.
Source: Global Times | 2019/1/29 14:38:39

Tik Tok captures India's attention-seeking rural teenagers

Sonam Rai, 21, is a student in Kolkata, the capital of the Indian state of West Bengal, who spends two hours a day on short video app Tik Tok. Immersed in the short video app for over one year, she already has 79,900 followers and has received 205,500 likes on the app.
Source: Global Times | 2019/1/28 23:25:07

Special tickets

A bus conductor sells commemorative tickets for the Year of the Pig on a bus in Beijing on Monday. The set of red-and-yellow commemorative tickets, which went on sale starting from Monday, costs 2 yuan (29 cents). Photo: VCG
Source: VCG | 2019/1/28 22:58:39

S&P Global enters China's bond credit rating market ahead of trade talks

S&P Global, a US-based rating agency, has been allowed to conduct local credit rating business via its wholly owned unit in the domestic market, the central bank announced on Monday, a milestone in China's financial market opening-up.
Source: Global Times | 2019/1/28 22:33:39

China's GDP figure reveals weak links

A deeper reading of China's 2018 GDP figure, the lowest in 28 years, has revealed weak links that demand more government efforts as the Chinese economy transforms from quantity-led to quality-driven growth, analysts said on Monday.
Source: Global Times | 2019/1/28 21:28:39

A shares wobble as investors wait for moves by new securities regulator head

On the first trading day for the domestic securities market after the change of the head at the China Securities Regulatory Commission (CSRC), A-shares had an auspicious start in the morning session but fell slightly in the afternoon.
Source: Global Times | 2019/1/28 20:18:39

China's major industrial enterprises' profits grow 10.3% in 2018 as reforms progress

Profits at China's major industrial companies reached 6.64 trillion yuan ($0.99 trillion) in 2018, increasing 10.3 percent year-on-year, according to the National Bureau of Statistics (NBS).
Source: Global Times | 2019/1/28 19:58:39

Technology aids Tibet growth

Technology aid has become an important driver of Tibet's technological innovation, Chinese news site tibet.cn reported on Monday.
Source: Global Times | 2019/1/28 19:53:40

Guangdong's growth offers positive signals for China's economy

Economic figures for South China's Guangdong Province in 2018 offer optimistic signs about industrial upgrading and the nation's economic transition, injecting confidence for China's economic growth in 2019.
Source: Global Times | 2019/1/28 19:53:40

China's shopping spree ahead of Spring Festival

Here comes the first shopping carnival for 2019, the Chinese Lunar New Year, which falls on February 5.
Source: Global Times | 2019/1/28 19:35:19

Xinjiang sees increasing export of agri-products to central Asia

Urumqi Customs in northwest China said they handled the export of 3.89 billion yuan (558 million U.S. dollars) worth of agricultural products in 2018, up 4 percent year on year.
Source: Xinhua | 2019/1/28 16:49:24

Guangdong plans to promote Greater Bay Area development in 2019

South China's Guangdong Province plans to further promote the Greater Bay Area development, to expand opening-up to a higher level, and to encourage scientific innovations in 2019, according to the provincial government work report.
Source: Global Times | 2019/1/28 14:43:34

Guangdong plans to promote Greater Bay Area development in 2019

South China's Guangdong Province plans to further promote the Greater Bay Area development, to expand opening-up to a higher level, and to encourage scientific innovations in 2019, according to the provincial government work report.
Source: Global Times | 2019/1/28 14:33:39

South China's Guangdong sets new target for economic growth this year

South China's Guangdong Province is set to achieve 6 percent to 6.5 percent in economic growth this year, said Governor Ma Xingrui Monday.
Source: Xinhua | 2019/1/28 13:59:06

China-Australia trade growth slows as bilateral political discord takes bite

The growth of Australia's trade with China shrank by more than two-thirds in 2018 amid strained political ties, and analysts said on Sunday it remains to be seen how bilateral trade will perform in 2019.
Source: Global Times | 2019/1/27 20:36:53