BIZ

China sees rocket tech boost


China will master rocket recycling technology on its new CZ-8 carrier rocket by 2020 and challenge the US monopoly in the field, China Media Group reported on Thursday.


ZTE says it is seeking solution to US export ban

Chinese telecom equipment maker ZTE Corp. is taking steps to comply with a US denial order, the company said in a statement Sunday.
Source: Xinhua | 2018/4/23 6:15:50

Summit focuses on development of China's digital economy

The first Digital China Summit opened in Fuzhou, capital of east China's Fujian Province, on Sunday, as an extra push for the boom in digital development.
Source: Xinhua | 2018/4/23 6:15:24

Central SOEs to seek M&As

China's centrally administered State-owned enterprises (central SOEs) are expected to see more mergers and acquisitions (M&As), particularly in the fields of key strategic industries, environmental protection and shared technology platforms, domestic news site cnstock.com reported over the weekend.
Source: Global Times | 2018/4/22 21:18:40

Figuratively Speaking

500m yuan Initial capital in an investment fund for blockchain technology, which was launched on Sunday.
Source: Global Times | 2018/4/22 20:53:40

Online retail sales up

China's online retail sales maintained high-speed growth in the first quarter, official data has shown.
Source: Xinhua | 2018/4/22 20:53:40

Soybean boost likely

China is expected to increase its soybean planting area this year due to the government's production support policy, according to a panel of experts with the Ministry of Agriculture and Rural Affairs.
Source: Xinhua | 2018/4/22 20:53:40

Nation plans to further lower business costs

More measures are being planned to lower business costs this year, according to the National Development and Reform Commission.
Source: Xinhua | 2018/4/22 20:48:40

Executive recruitment market growing quickly

As demand for top-level talent rises across China, the executive recruitment industry has been developing rapidly and is expected to continue growing.
Source: Xinhua | 2018/4/22 20:48:40

Xiongan aims for quality, hi-tech

The master plan for the development of the Xiongan New Area in North China's Hebei Province published on Saturday offers a national model for future city development, as well as a way of showing China's solutions to global problems in city development, Chinese experts told the Global Times on Sunday.
Source: Global Times | 2018/4/22 20:48:39

China welcomes discussions on trade: MOFCOM

The possible visit to China by US Treasury Secretary Steven Mnuchin is a positive move that could help ease the two countries' trade dispute, said experts adding that face-to-face negotiations would be a true sign of progress.
Source: Global Times | 2018/4/22 20:39:33

US questions COSCO cargo takeover

A US national security review has raised concerns about a takeover by China's COSCO Shipping Holdings Co of a large container terminal in California, the Wall Street Journal reported.
Source: Global Times - Reuters | 2018/4/22 19:58:40

Minsheng Bank in Australian deal

China Minsheng Bank will participate in RPFCBidco Pty Ltd's purchase of Australian petfood supplier VIP Topco Pty Ltd and its subsidiary corporations in a deal worth less than A$100 million ($76.7 million), according to a statement the bank sent to the Hong Kong bourse on Friday.
Source: Global Times-Reuters | 2018/4/22 19:58:39

CNPC wins $1.2b contract in Nigeria

A consortium formed by China Petroleum Engineering and Construction Group, a subsidiary of State-owned oil giant China National Petroleum Corp (CNPC), and Brentex Petroleum Services, has signed an engineering procurement construction agreement with Nigerian National Petroleum Corp in a deal worth $1.2 billion, according to a statement on the website of CNPC on Friday.
Source: Global Times-Reuters | 2018/4/22 19:53:40