BIZ

China pushes SOE restructuring


The Chinese government has been pushing for robust efforts in restructuring State-owned enterprises (SOEs) in recent years, having cut the number of centrally administered SOEs by half since 2003. And new plans are in the works to continue the reforms.

Thriving border city

Heihe, a border city in Northeast China’s Heilongjiang Province, is considered the ‘‘twin city’’ of Russia’s Far East Blagoveshchensk. The distance between the two cities ...

Real estate stabilization

Beijing authorities are mulling over new homes that will be owned jointly by the government and individuals to help first-time home buyers get onto the ...



Seafood cargos stuck at China-North Korea border have been destroyed

All 27 Chinese cargo trucks that were being used to export goods from North Korea to China have returned back to Quanhe port in Hunchun, Northeast China’s Jilin Province, after the local authorities banned seafood imports from North Korea and after importers were asked to destroy the goods.
Source: Global Times | 2017/8/23 17:18:39

China International Collection Exposition 2017 to open

The third session of China International Collection Exposition will open from September 8 to 11 at Nanjing International Expo Center in Jiangsu Province.
Source: Global Times | 2017/8/23 15:58:39

China Lego Factory, first Lego factory in Asia

Photo taken on Aug. 22, 2017 shows the Chinese characters built with Lego blocks at Lego factory in Jiaxing, east China's Zhejiang Province. China Lego Factory in Jiaxing, also the first Lego factory in Asia, went into operation at the end of 2016. The factory covers an area of 165,000 square meters and owns nearly 1200 staff members now.
Source: Xinhua | 2017/8/23 14:57:53

Pakistani Foreign Secretary's visit to China further solidifies bilateral friendship and strengthens cooperation

Pakistani Foreign Secretary Tehmina Janjua, who is currently on a visit to China, called on the Chinese Foreign Minister Wang Yi in Beijing on August 22. Wide-ranging topics including bilateral relations, regional and global issues, as well as the situation in Indian-controlled Jammu and Kashmir were discussed.
Source: Globaltimes.cn | 2017/8/23 10:59:47

Chinese company helps Pakistan orphans for better lives

A Chinese company constructing the Karakorum Highway in northern Pakistan has donated over 8.5 million Pakistani rupees (around 80,000 US dollars) to an orphanage of the SOS Children's Villages in Mansehra to improve the orphans' lives.
Source: Xinhua | 2017/8/23 10:47:44

Mobike launches service in Sapporo, Japan

A TV reporter tries out a shared bicycle in Sapporo, Japan, on Aug. 22, 2017. Mobike, one of China's largest bike-sharing companies, launched its service in Sapporo, Japan, on Tuesday.
Source: Xinhua | 2017/8/23 7:58:36

China to train Ugandan military engineers for SGR construction

A team of ten Ugandan military engineers are scheduled to leave for China where they will be trained in railway construction.
Source: Xinhua | 2017/8/23 7:48:27

Chinese firm to deliver Nigeria's metro rail by December

The China Civil Engineering Construction Corporation (CCECC) Tuesday said the phase one of a rail transit project in Nigeria's Abuja will be commissioned by December.
Source: Xinhua | 2017/8/23 7:44:30

Hyundai to launch new pickup and SUV in US to revive sagging sales

South Korean auto giant Hyundai plans to launch a pickup truck and a small SUV in the US to reverse its sales slide in one of its most important market, as American consumers drift away from sedans.
Source: Xinhua | 2017/8/23 7:42:16

LG Electronics plans to open plant in Michigan

LG Electronics Inc. plans to open a factory in Hazel Park, the suburbs of Detroit, to produce EV components.
Source: Xinhua | 2017/8/23 7:38:41

Thai cabinet approves design contract of Thailand-China railway project

Thai cabinet on Tuesday approved the draft design contract of the Thailand-China railway project to pave the way for the signing early next month.
Source: Xinhua | 2017/8/22 22:52:53

Chinese carmaker to build monorail in Philippines

China's leading new-energy carmaker BYD announced Tuesday that it will build a monorail transit system in the Philippines.
Source: Xinhua | 2017/8/22 22:11:29

China pushes SOE restructuring

The Chinese government has been pushing for robust efforts in restructuring State-owned enterprises (SOEs) in recent years, having cut the number of centrally administered SOEs by half since 2003. And new plans are in the works to continue the reforms.
Source: Global Times | 2017/8/22 21:38:39