BUSINESS >> Economy

Australia becomes world's biggest LNG exporter for 1st time

Australia has passed Qatar to become the world's leading exporter of liquefied natural gas (LNG) for the first time.
Source: Xinhua | 2018/12/7 9:38:29

China-Bangladesh joint venture to construct mega expressway bypassing Dhaka

A Chinese and Bangladeshi joint venture on Thursday signed a deal with the Bangladeshi government to build a mega expressway under the country's first major public private partnership (PPP) initiative.
Source: Xinhua | 2018/12/7 8:29:20

China to hold consultation with US, strive for consensus on major issues of common concern: MOC

China's Ministry of Commerce (MOC) said on Thursday that the ultimate goal of Sino-US trade talks was to remove all additional tariffs, adding that China will hold consultation with the US on issues of common concern and strive to reach consensus.
Source: Xinhua | 2018/12/7 8:28:04

Block chain technology sees applications in US economy

Block chain technology is demonstrating increasing potential for commercial use in the economy of the United States, according to industry insiders and experts.
Source: Xinhua | 2018/12/7 8:12:14

Business leaders, officials yearn for bright prospects for China-U.S. trade ties at LA forum

More than 100 business leaders and officials gathered here on Wednesday at a trade forum, calling for bright prospects for the China-U.S. trade relations.
Source: Xinhua | 2018/12/7 7:59:34

Ex-officials, industrial leaders vow to implement China-U.S. consensus on trade

Former senior officials, industrial leaders and experts from China and the United States have vowed to implement the two countries' recent consensus on de-escalating tensions in the trade relationship.
Source: Xinhua | 2018/12/7 7:52:35

EU foreign investment screening plan shows double standards, harms own interests: experts

Europe is backpedalling on its commitment to an open market and the potential restriction of Chinese investment could harm, instead of protecting, the strategic interests of the bloc, Chinese experts said on Thursday.
Source: Global Times | 2018/12/6 22:58:42

China surpasses South Korea to become largest chip equipment market

China has become the world's largest semiconductor equipment market thanks to continuous, intensive investment in the sector.
Source: Global Times | 2018/12/6 22:53:42

China lists specific areas for negotiations with US

China said on Thursday it will immediately implement the consensus reached with the US to reduce trade friction, starting with the agriculture, energy and automobile sectors.
Source: Global Times | 2018/12/6 22:53:41

China's central bank tightens grip on online payment platforms' reserve funds

The People's Bank of China (PBC), the central bank, has moved in recent days to tighten regulations on reserve funds of the country's booming online payment platforms, which could help protect consumers and upgrade the industry.
Source: Global Times | 2018/12/6 22:48:48

Malaysia aims to be a regional transshipment hub

Malaysian Transport Minister Anthony Loke Siew Fook said on Thursday that Malaysia seeks to become China's transshipment hub for the Association of Southeast Asian Nations (ASEAN).
Source: Xinhua | 2018/12/6 22:48:47

Artistic metro station

People walk past the new National Art Museum of China metro station on Beijing's Subway Line 8, which will be open to the public before the end of the year. Construction of the subway station began in 2011, but took longer than expected due to demolition issues and complications with existing underground utilities. Photo: VCG
Source: VCG | 2018/12/6 20:21:53

More international air routes for Sanya

The coastal city of Sanya in South China's island province of Hainan plans to open 15 more international flight routes in 2019, the city government said on Thursday.
Source: Xinhua | 2018/12/6 20:18:44

PBC injects funds into market via MLF

China's central bank on Thursday injected 187.5 billion yuan ($27.33 billion) into the market via the medium-term lending facility (MLF) to maintain liquidity.
Source: Xinhua | 2018/12/6 20:18:43

Students trained in Chinese colleges essential to Nepal's development: minister

Nepali students who have studied in China become capable people who can highly contribute to the country's vision of “Prosperous Nepal, Happy Nepali,” Nepal's Minister for Education, Science and Technology Giriraj Mani Pokharel said on Wednesday.
Source: Xinhua | 2018/12/6 20:18:42

China's innovation capacity grows as IP protection enhanced: int'l forum

China's capacity for innovation has been growing remarkably in recent years due to its enhanced efforts for intellectual property (IP) protection, speakers said at the Business of IP Asia Forum opened on Thursday.
Source: Xinhua | 2018/12/6 20:11:02

China's 2019 trade growth to have strong underpinning: MOC

China's Ministry of Commerce (MOC) said Thursday that the country's foreign trade growth in 2019 will have strong underpinning despite external challenges.
Source: Xinhua | 2018/12/6 19:55:01

Yuan unlikely to break beyond 7:1 against US dollar

The yuan is unlikely to break beyond seven against the US dollar by the end of this year, despite previous market worries over its depreciation in the Chinese currency, an economics expert said Thursday.
Source: Global Times | 2018/12/6 18:38:39