BUSINESS >> Economy

Figuratively Speaking

3.24t yuan Insurance premiums in China in the first 10 months of 2017, up 20 percent year-on-year, the China Insurance Regulatory Commission said on Monday.
Source: Global Times | 2017/11/27 21:23:39

Most listed firms see improving profitability in 2017

The financial reports of Chinese listed firms revealed improving corporate profitability amid stable economic growth.
Source: Xinhua | 2017/11/27 12:05:41

Chinese construction firms keen to explore Middle East markets

Chinese construction companies said here on Sunday that demand in the Middle East region remains high despite the geopolitical issues.
Source: Xinhua | 2017/11/27 7:55:17

Figuratively Speaking

517.6b yuan, estimated value of China’s semiconductor sector in 2017, up 19.4 percent year-on-year, media reported on Sunday, citing a recent study by industry consultancy TrendForce.
Source: Global Times | 2017/11/26 22:03:40

Unqualified micro-lenders urged to stop making loans

The National Internet Finance Association of China issued a risk warning letter late on Friday telling “unqualified institutions” to immediately stop offering loans amid a crackdown on the micro-loan sector to fend off financial risks.
Source: Reuters | 2017/11/26 21:53:40

Making headlines

Chinese Premier Li Keqiang left Beijing on Sunday for an official visit to Hungary, where he will attend the sixth meeting of heads of government of China-Central and Eastern European Countries in Budapest, from Sunday to Wednesday, the Xinhua News Agency reported.
Source: Global Times | 2017/11/26 21:53:39

Power sector grappling with slowing growth

In the first three quarters of this year, the gross profit of the five major power generators in China was only 25.8 billion yuan ($3.9 billion), the news site thepaper.cn said on Sunday.
Source: Global Times | 2017/11/26 21:48:40

Mitsubishi Materials customers could be affected by falsification of data

Mitsubishi Materials Corp on Friday said it is seeking to determine the impact of falsified data of products shipped to more than 200 domestic and foreign customers.
Source: Reuters | 2017/11/26 21:48:40

Financial Dreamworks Chengdu marks year of promoting fintech growth

Financial Dreamworks Chengdu has formed an innovative fintech ecosystem after a year of operation by exploring sectors including online payments, blockchain and cloud computing.
Source: Global Times | 2017/11/26 21:48:39

China to test 5G in cities in 2018

China is set to conduct tests of fifth generation mobile networks, or 5G, in selected cities, as the country races to the finishing line for adoption of the ultra-high-speed wireless system that is set to be the next big thing to drive Internet and beyond.
Source: Global Times | 2017/11/26 21:43:39

Debt pile remains high despite efforts to contain it

For years, China’s top officials have touted their ambitious policy priority to wean the world’s second-largest economy off high levels of debt, but there is not much to show for it, Reuters said.
Source: Reuters-Global Times | 2017/11/26 21:38:39

Steel prices to stabilize in 2018: industry group

China’s steel prices will continue to firm up in 2018 as production and supply are becoming more balanced, the Xinhua News Agency reported on Saturday, citing a senior official at the China Iron and Steel Association (CISA).
Source: Xinhua-Global Times | 2017/11/26 21:23:40

Business travel market growing

China’s business travel market is expanding rapidly, creating opportunities for travel companies worldwide, the Xinhua News Agency said Sunday.
Source: Agencies | 2017/11/26 21:23:39

Listed firms see profit bump

The financial reports of Chinese listed firms revealed improving corporate profitability amid stable economic growth during 2017.
Source: Agencies | 2017/11/26 21:18:39

China, Russia to strengthen digital economy cooperation

China and Russia will enhance cooperation on the digital economy, including big data, the Internet of Things and smart cities, the Xinhua News Agency said on Saturday, citing Chinese Ambassador to Russia Li Hui.
Source: Xinhua-Global Times | 2017/11/26 21:18:39

Black Friday draws fewer early shoppers as US consumers buy online

Black Friday, a traditionally busy shopping day in the United States, began with shorter lines for door busters here as more shoppers opted for online deals.
Source: Xinhua | 2017/11/26 11:30:09

Companies attract Chinese customers on Black Friday

The US shopping spree known as Black Friday is attracting more Chinese customers as online shopping sites try to cash in with big promotions.
Source: Global Times | 2017/11/24 21:38:40

Import tariffs to drop starting December

China said Friday it would reduce import tariffs on items ranging from frozen crabs to mineral water starting December 1.
Source: Global Times | 2017/11/24 21:38:39