BIZ

CPI rises to seven-month high, indicating reasonable inflation and economic resilience


China's September CPI indicates a “moderate inflation” trend that reflects China's “economic tenacity,” experts told the Global Times on Tuesday.


China's central SOEs continue rapid revenue growth

China's central state firms continued to see strong revenue growth in the first three quarters of the year, official data showed Monday.
Source: Xinhua | 2018/10/15 12:07:09

Central SOEs profits up 21.5% in first three quarters as reform deepens

China's centrally administered SOEs posted continued growth in profits in the first three quarters of the year, booking 1.35 trillion yuan ($195.2 billion) and up 21.5 percent in the period, the State asset watchdog said on Monday.
Source: Global Times | 2018/10/15 11:43:39

Bangladeshi PM inaugurates construction of China-financed rail project

Bangladeshi Prime Minister Sheikh Hasina inaugurated the China-financed Padma bridge rail link project by unveiling its foundation plaque at a ceremony in Munshiganj on the outskirts of capital Dhaka Sunday.
Source: Xinhua | 2018/10/15 9:03:39

China's nuke firms vow self-reliance

China's major State-owned nuclear industrial enterprises said they will confidently deal with the new US restrictions on nuclear exports to China, stressing that China's nuclear development is self-reliant, and that the restrictions won't have an impact on the UK nuclear power station project. They also said they may use legal ways to safeguard their legitimate interests.
Source: Global Times | 2018/10/14 21:23:39

Traders coping with tensions

Exhibitors at the 124th China Import and Export Fair said on Sunday that although they are worried about the negative impact of the US-China trade tensions on their business, they will actively cope with the situation by exploring other markets.
Source: Global Times | 2018/10/14 21:03:39

Green investment in Nigeria

A leading Chinese green industry enterprise - Elion Resources Group - on Saturday signed an agreement Nigeria as part of its exploration of investment opportunities, particularly in desertification control, agriculture and development of new energy resources.
Source: Reuters-Global Times | 2018/10/14 20:53:40

CGN's British cooperation

State-run China General Nuclear Power Corp (CGN), a leading developer of reactors in the country, said on Saturday a proposed project in Britain was not imperiled by new US rules blocking it from acquiring American technology.
Source: Reuters-Global Times | 2018/10/14 20:53:40

Making headlines

The National Bureau of Statistics (NBS) is scheduled to announce China's consumer price index (CPI) and producer price index (PPI) for September on Tuesday.
Source: Global Times | 2018/10/14 20:53:39

Experts criticize US senators' call for Canada to block Huawei in 5G

Some US politicians have gone too far by openly suggesting Canada should not use Chinese telecommunication giant Huawei Technologies as a contractor for its fifth-generation (5G) network, a Chinese analysts said on Sunday.
Source: Global Times | 2018/10/14 20:48:40

Sino-Russian rail bridge makes progress, opening set for 2019

Construction of the Chinese section of the Sino-Russian Tongjiang-Nizhneleninskoye railway bridge was completed on Saturday and a local official said the bridge is expected to open to traffic by July 2019.
Source: Global Times | 2018/10/14 20:48:40

Shenzhen development sparks debate on housing-sale system

Shenzhen-based real estate developer Shenzhen Longhuajinmaofu, which is offering completed apartments for sale, isn't doing something unprecedented - as some media reports have claimed - and a real estate expert said reforms of the home-selling system should not be too radical.
Source: Global Times | 2018/10/14 20:48:39

Chinese drones gaining global market share with advanced technology, cost advantage

China's unmanned aerial vehicle (UAV) technology has reached a world-class level, and its military-use UAEs have gained a larger share of the global market in recent years, especially in economies along the routes of the Belt and Road initiative (BRI), industry insiders told the Global Times on Thursday.
Source: Global Times | 2018/10/14 20:43:40

Case of Daoxiangcun highlights IPR improvements, loopholes: analyst

A legal dispute between two Chinese companies over a trademark for traditional pastries has drawn wide domestic attention and shed light on both the improvements and loopholes in the country's intellectual property protection (IPR) laws and regulations.
Source: Global Times | 2018/10/14 20:43:39