BIZ

Overseas infrastructure expanding


China's investment in overseas infrastructure has expanded during the past five years from connectivity and energy to industrialization, with a notable growth in the buildup of soft infrastructure, a Chinese expert said over the weekend.

The port integration period

China has been steadily promoting port integration over recent years by bringing the country's main ports into the arms of one provincial-level platform as a ...

China’s aviation milestone

When reviewing China’s achievements over the past five years during the opening session of the 19th National Congress of the Communist Party of China (CPC) ...



Huawei’s new smartphone fully embraces artificial intelligence

China’s leading technology group Huawei Technologies Co launched its latest smartphone in Germany on Monday, with its flagship product kicking off the new era of intelligent phones that use artificial intelligence (AI) technology, the company said.
Source: Global Times | 2017/10/17 21:23:39

Chinese buyers eye Germany-based FFT

Chinese companies including high-end equipment maker Jiangsu Hagong Intelligent Robot Co plan to bid for German industrial company FFT, likely to be valued at up to $712 million, Reuters reported.
Source: Reuters | 2017/10/17 21:18:39

Ofo enters cities in Spain, Portugal

Chinese bike-sharing services provider ofo on Tuesday announced plans to enter Spain and Portugal, which will be its seventh and eighth markets in Europe.
Source: Global Times | 2017/10/17 21:18:39

Cainiao opens robotic warehouse

Cainiao, a logistics affiliate of Alibaba Group Holding, on Tuesday unveiled its super-robot flagship warehouse in Huiyang, South China’s Guangdong Province, to provide logistics service to consumers from South China and Hong Kong, domestic news site chinanews.com reported.
Source: Global Times | 2017/10/17 21:13:40

Daimler reshapes structure to face market challenges

Daimler AG aims to further focus and strengthen the group’s corporate structure through the creation of legally independent entities, the company said Tuesday.
Source: Global Times | 2017/10/17 21:13:40

SK Innovation to expand in China

South Korea-based SK Innovation will invest 740 billion won ($657 million) to improve production capacity at its petrochemical plants in China, jointly owned by Sinopec Group, according to Reuters on Tuesday.
Source: Global Times | 2017/10/17 21:13:39

Canada welcomes more Chinese travelers

Officials from Canada’s tourism bureau are making more efforts to attract Chinese visitors, who are becoming a bigger part of its tourism sector.
Source: Global Times | 2017/10/17 21:13:39

Technology and education: Connecting the world

At the Hongen Taoist Temple, complete with antique architecture and a renovated interior providing a modern workspace, nestled at Doufuchi Hutong in Dongcheng district, the Global Times (GT) interviewed Cindy Mi (Mi), founder and CEO of VIPKID, at her office.
Source: Global Times | 2017/10/17 19:38:39

Yuan slips below 6.6 per dollar on weaker midpoint

China’s yuan slipped below a key threshold against the US dollar on Tuesday, in the wake of a weaker official midpoint and higher corporate demand for the greenback.
Source: Reuters-Global Times | 2017/10/17 17:13:39

Top corn-producing province to cut subsidy

China’s top corn-producing province is cutting the subsidy for farmers churning out the grain by 13 percent this year, as the Chinese government pushes to whittle down stocks of the commodity and encourage growers to plant other crops like soy.
Source: Reuters-Global Times | 2017/10/17 17:08:40

Stocks little changed ahead of key meeting

Chinese mainland’s stocks ended little changed on Tuesday as investors awaited key economic data and a key meeting, though resources firms posted losses on concerns the sector’s recent rally may be over.
Source: Reuters-Global Times | 2017/10/17 17:08:40

Gas truck boom

On a recent morning in Yutian, a dusty town in Tangshan city, North China’s Hebei Province, bisected by the highway that connects Beijing to the sea, Su Meiquan strolled into a dealership packed with hulking trucks and prepared to drive off with a brand new rig.
Source: Reuters-Global Times | 2017/10/17 17:08:39

Macao Q3 tourist price index up by 2.17 pct

The Tourist Price Index (TPI) of China's Macao Special Administrative Region (SAR) for the third quarter of 2017 increased by 2.17 percent year-on-year to 129.61, attributable to higher prices of local food, rising taxi fares, and increasing charges for accommodation and restaurant services, the SAR's statistic department said on Tuesday.
Source: Xinhua | 2017/10/17 16:58:27