BIZ

IMF chief hails progress in China-US trade talks, urges "trade peace"


International Monetary Fund (IMF) Managing Director Kristalina Georgieva on Thursday hailed the progress made in the latest round of China-US trade talks as "extremely good news," urging the world to grasp the opportunity to achieve "a trade peace."


Experts discuss China's development philosophy, Belt and Road progress

A Chinese scholar gave a lecture and held discussions with British experts at Britain's Oxford Brookes University on Monday on China's development path and the Belt and Road Initiative (BRI).
Source: Global Times - Xinhua | 2019/10/16 18:23:40

Enduring partnership

Chinese companies help Nepal prosper with much-needed infrastructure projects
Source: Global Times | 2019/10/16 18:08:40

Huawei sees faster revenue growth in first three quarters of 2019 despite US ban

Huawei shipped more than 185 million smartphones in the first three quarters of 2019, up 26 percent year-on-year, despite the US ban hurting on its ties with US suppliers.
Source: Global Times | 2019/10/16 17:02:54

Xinjiang creates over 466,000 urban jobs in first three quarters

Northwest China's Xinjiang Uygur Autonomous Region has added 466,000 urban jobs by the end of September thanks to the continuously optimized employment and entrepreneurial environment in the region, local authorities said.
Source: Xinhua | 2019/10/16 14:32:50

China's Jack Ma to eye education, entrepreneurs and Africa after stepping down from Alibaba

Alibaba founder Jack Ma said that his biggest mission in the coming future will be to look at ways at how education can be done differently and to empower young entrepreneurs in Africa, in his role as the founder of the Jack Ma Foundation.
Source: Xinhua | 2019/10/16 14:29:30

Number of agricultural drones in Xinjiang to exceed 5,000 in 2019

The number of agricultural drones used in Northwest China's Xinjiang Uyghur Autonomous Region is expected to surpass 5,000 by the end of 2019, which will help promote production of quality crops in the region by using modern agricultural technology.
Source: Global Times | 2019/10/16 14:03:40

Construction of 12.3-km tunnel on Dali-Lincang Railway wraps up

The 12.3 kilometer Xinhua Tunnel, part of the Dali-Lincang railway, was successfully connected on Tuesday. This is the first tunnel of such a length to be constructed in the Hengduan Mountains in Southwest China's Yunnan Province, the Xinhua News Agency reported.
Source: Global Times | 2019/10/16 14:03:19

Shares in Jinzi Ham soar on back of artificial meat announcement

Shares in Chinese food production company Jinzi Ham have risen to the daily limit of 10 percent on the Shenzhen Stock Exchange for three straight days after announcing pre-sales for artificial meat products on Friday.
Source: Global Times | 2019/10/16 13:14:08

IMF lowers global growth forecast for 2019 to 3 pct

The International Monetary Fund (IMF) on Tuesday lowered its global growth forecast for 2019 to 3 percent in the newly-released World Economic Outlook (WEO) report, down 0.2 percentage point from its estimation in July.
Source: Xinhua | 2019/10/16 10:03:25

State Council loosens rules on overseas financial firms

The Chinese government amended two financial management regulations seeking to expand business scope and ease market access for foreign-invested insurance companies and banks, media reported on Tuesday.
Source: Global Times | 2019/10/15 23:43:40

Chinese exporters get stronger amid trade war

Chinese exporters are adapting their strategies from diversifying their target markets to upgrading their offerings to cope with a harsh winter for global trade in which “survival of the fittest” is more true than ever.
Source: Global Times | 2019/10/15 22:13:40

NMN's longevity function questioned

It's very hard for anti-aging NMN supplements to achieve the advertised effects, a Chinese expert has said, amid rising popularity for the supplement in China.
Source: Global Times | 2019/10/15 21:33:01

Rents for retail spaces in Hong Kong cut as riots take toll

Rents for shop space in Hong Kong plunged by 10.5 percent in the third quarter, as months of riots in the city took a toll, local media outlets reported, citing a report by US commercial real estate services CBRE Group Inc.
Source: Global Times | 2019/10/15 21:28:41