BUSINESS >> Economy

Policy dividends put private investment back on track

Pang Baogen, an entrepreneur from east China, has emptied billions of cash on account into investment projects.
Source: Xinhua | 2017/12/30 10:22:19

Shanghai port handling capacity breaks record

The annual handling capacity of Shanghai Port surpassed 40 million TEUs (twenty-foot equivalent units) on Friday, breaking an existing world record, according to the Shanghai International Port Group.
Source: Xinhua | 2017/12/29 22:38:00

Wuhan reports 375 trips of China-Europe freight trains in 2017

A freight train loaded with electronic and mechanical products departed Friday for Germany from Wuhan, capital of central China's Hubei Province.
Source: Xinhua | 2017/12/29 14:32:39

S.Korea's headline inflation hits 5-year high in 2017

South Korea's headline inflation hit the highest in five years in 2017, leaving more room for the country's central bank to raise interest rate next year, a government report showed Friday.
Source: Xinhua | 2017/12/29 14:12:31

China can keep promise to cut corporate burden: minister

China will be able to keep its promise to cut the burden on companies by 1 trillion yuan (about 153 billion US dollars) this year, minister of finance Xiao Jie said Thursday.
Source: Xinhua | 2017/12/29 8:13:27

Tax exemptions on reinvested profits

The Ministry of Finance said on Thursday it will temporarily exempt foreign firms from paying income tax on profits they reinvest in China, in a bid to stop foreign firms moving their operations out of the country.
Source: Global Times - Reuters | 2017/12/28 22:08:39

Foreign trade in 2018 will keep up sound momentum

Despite uncertainties in international trade, China's import and export in 2018 are expected to continue its sound development momentum, a Chinese trade official said.
Source: Global Times | 2017/12/28 22:03:40

Central bank's new QR payment rules to have minimal impact on shoppers

New central bank trial regulations on QR code payments will have little effect on consumers, but online payment providers must meet requirements to prevent financial risks, industry insiders said on Thursday.
Source: Global Times | 2017/12/28 21:58:40

China's banking regulator releases foreign-funded bank licensing rules for public opinion

The China Banking Regulatory Commission (CBRC) on Thursday began to solicit public opinion on the management of administrative licensing items for foreign-funded banks.
Source: Global Times | 2017/12/28 21:03:39

Foreign trade in 2018 will keep up the momentum of sound development: MOFCOM

Despite uncertainties in international trade, China's import and export in 2018 are expected to continue its sound development momentum, a Chinese trade official said.
Source: Global Times | 2017/12/28 20:13:39

Japan's factories, retailers post strong growth; central bankers flag stimulus reduction

Japan's factories and retailers posted better-than-expected growth activity in November, while minutes from the central bank's last policy meeting show board members are raising the prospect of reducing stimulus.
Source: Reuters-Global Times | 2017/12/28 18:33:39

New services, deals

HNA Group has signed a cooperation frame deal with North China's Tianjin Municipality, Tianjin Daily reported Thursday.
Source: Global Times | 2017/12/28 18:33:39

Moment of truth

Airbus is drawing up contingency plans to phase out production of the world's largest jetliner, the A380 superjumbo, if it fails to win a key order from Dubai's Emirates, three people familiar with the matter said.
Source: Reuters-Global Times | 2017/12/28 18:18:39

China's Kweichow Moutai liquor prices to increase in 2018

Kweichow Moutai, one of the most famous liquor makers in China, has announced an average increase of about 18 percent on its liquor products' price from January 2018, amid a higher demand for premium liquor in the Chinese market.
Source: Global Times | 2017/12/28 18:08:40

China makes strides in expanding FTA network

China has made strides in expanding the network of free trade areas (FTAs) in 2017.
Source: Xinhua | 2017/12/28 14:53:35

Yearender: China-Europe cooperation remains stable amid European uncertainties

On Christmas Day, a cargo train loaded with 90 standard containers of goods left Zhengzhou, central China's transport hub, for Hamburg in northern Germany. It marked the 1,000th such trip between the two cities.
Source: Xinhua | 2017/12/28 13:41:54

Chengdu runs 1,000 cargo trains to Europe in 2017

A cargo train loaded with 41 containers of electronic products departed from Chengdu, capital of southwest China's Sichuan Province, for the Netherlands on Wednesday.
Source: Xinhua | 2017/12/28 7:21:22

US consumer confidence retreats from 17-year high

US consumer confidence decreased in December, after touching a 17-year high in November, according to a closely-watched monthly survey released by the Conference Board Wednesday.
Source: Xinhua | 2017/12/28 7:15:24