BIZ

China stockpiles talent as AI battle looms


While the US has been trying to suppress China's technology rise by imposing bans on the sales of US high-tech components or asking its allies to do that, it seems that the strategy is bound to fail.


China's oil, gas industry targets environmental improvements in 2019: report

China's oil and gas industry is set to reinforce efforts to reduce environmental impacts of its projects and operations in 2019, leading energy and shipping certification agency DNV GL said Tuesday in a report.
Source: Xinhua | 2019/1/23 8:52:38

China to voice support for globalization, reassure investors of growth at Davos forum

The World Economic Forum kicked off its annual meeting in the Swiss winter resort town of Davos on Tuesday, as the global economy faces risks from rising trade tensions to downward pressure on global economic growth.
Source: Global Times | 2019/1/22 22:33:40

Chinese nuclear firm denies changing strategy in the UK to allay national concerns

China General Nuclear Power Corp (CGN) on Tuesday denied rumors that it has been in talks with Rolls-Royce over supplying equipment for a nuclear power plant the Chinese company is building in the UK to allay national security concerns, saying it has not changed its strategies.
Source: Global Times | 2019/1/22 22:26:14

Test flight

A plane lands at Beijing Daxing International Airport on Tuesday, the first test flight for the new facility. Further test flights will be conducted until March 15. Located at the border of Beijing and Langfang, North China's Hebei Province, the airport is expected to open in September this year. It will be the capital area's second international gateway after Beijing Capital International Airport, which is running at maximum capacity. Photo: VCG
Source: VCG | 2019/1/22 22:23:40

Shanghai aims to be global financial center by 2020

China announced an action plan on Tuesday in a bid to transform Shanghai into an international financial center by 2020.
Source: Global Times | 2019/1/22 22:18:41

France urged to clarify attitude about Huawei

France should clarify its attitude toward Huawei, since being unclear will not only increase the cost but also delay the pace of building the 5G network in the country, analysts said.
Source: Global Times | 2019/1/22 22:18:40

India, China to boost agricultural deals

India and China are jointly ramping up efforts to trade more farm products from tobacco to rapeseed meal, which analysts said can be an effective way to solve the trade gap between the two Asian economies.
Source: Global Times | 2019/1/22 22:13:40

Foxconn aims to recruit 50,000 employees

Foxconn said on Tuesday that it is still looking to fill more than 50,000 job vacancies in the Chinese mainland in the first quarter of this year.
Source: Global Times | 2019/1/22 21:22:04

Guizhou, home of China's 'silicon village', sees GDP surging on big data

Guiyang, Southwest China's Guizhou Province, home of China's “silicon village”, has witnessed rapid growth of the local economy, buoyed by the big data industry.
Source: Global Times | 2019/1/22 21:18:41

China to assist foreign investors to upgrade quality-driven manufacturing: NDRC

China decided to promote major foreign investment projects in 2019 and encourage more foreign capital to participate in the quality-driven development of the domestic manufacturing industry, the spokesperson of China's top economic planner said on Tuesday.
Source: Global Times | 2019/1/22 21:18:40

Tesla gets battery quotes

Tesla Inc said on Tuesday it had received quotes from Tianjin Lishen to supply batteries for its new Shanghai electric car factory, but it had not signed any agreement with the Chinese company.
Source: Reuters | 2019/1/22 21:13:40

Preliminary GDP analysis

The National Bureau of Statistics released a preliminary analysis of the 2018 GDP figures on Tuesday.
Source: Global Times | 2019/1/22 20:53:39

India's industrial upgrade is moving fast, but can it replace China as 'factory of the world'?

Manufacturers are now beginning to build more plants in India rather than in China. India's labor costs and raw material prices are significantly lower than China's, but the country still has many disadvantages including inadequate supply chain and poor infrastructure.
Source: Global Times | 2019/1/22 20:08:43