BIZ

Plan to make Shenzhen a 'model' city also an answer to US trade aggression, HK situation


Four decades ago, a small fishing village started groundbreaking reform and opening-up policies that changed the fate of China. Today, Shenzhen in South China's Guangdong Province is a technology powerhouse that's being asked once again to lead the country into a new era of high-quality growth.


Hong Kong's GDP slightly up 0.5 pct in Q2

Hong Kong's economy expanded by 0.5 percent in the second quarter of 2019 year-on-year, slightly slower than the 0.6 percent growth in the preceding quarter, an economist of China's Special Administrative Region (HKSAR) government said on Friday.
Source: Xinhua | 2019/8/16 21:11:49

Top accounting firms urged to fire pro-riot staff

Industry insiders and Chinese netizens urged the top accounting firms to investigate people who claim to be their staff and fire employees found to have the wrong stance on the current Hong Kong situation, despite distancing themselves from a statement published in the city's Apple Daily newspaper on Friday requesting the release of arrested rioters.
Source: Global Times | 2019/8/16 20:43:07

Huawei refutes reports of spying on Ugandan opposition politicians

Chinese telecommunication company Huawei on Thursday refuted a US news report alleging that the company aided the Ugandan government to spy on opposition politicians.
Source: Xinhua | 2019/8/16 19:46:01

Nationwide 5G commercialization a step closer as Huawei's 5G phone hits stores

The Huawei Mate 20 X (5G), developed by Chinese telecommunications giant Huawei and the only mobile phone in the world that supports both SA and NSA (two different 5G networks), officially hit stores on Friday, marking one step closer to the nationwide commercialization of the 5G network.
Source: Global Times | 2019/8/16 18:43:40

S.Korea sees Japan's export curbs as rising economic uncertainty

South Korea's finance ministry saw Japan's export curbs as a rising economic uncertainty in addition to the global trade dispute and the semiconductor industry downturn.
Source: Xinhua | 2019/8/16 13:58:22

China releases overall plan on new western sea-land transportation channel

China has released an overall plan about the country's new western sea-land transportation channel to deepen the sea-land two-way opening-up and the development of western China, according to the National Development and Reform Commission.
Source: Xinhua | 2019/8/16 13:54:42

9F, a Chinese fintech platform, rises in Nasdaq debut

Chinese fintech platform 9F raised 84.55 million US dollars in its initial public offering Thursday by selling 8.9 million American depositary shares (ADS) at 9.50 dollars apiece.
Source: Xinhua | 2019/8/16 13:32:39

Chinese brands win hearts of Peruvians with good quality, reasonable price

Chinese brands in the sectors of technology and automobile are winning the hearts of Peruvians as they offer high-quality products featuring cutting-edge technological advances.
Source: Xinhua | 2019/8/16 12:15:30

Japan becomes largest foreign holder of US Treasuries

Japan surpassed China to become the largest foreign holder of US Treasuries in June, with its holdings at the highest level in nearly three years, US Treasury Department said Thursday.
Source: Xinhua | 2019/8/16 12:13:50

BRI set to spearhead Asian century through integration, connectivity: former Malaysian minister

The realization of an Asian century will be made possible through the physical, digital and people-to-people connectivity provided by the China-proposed Belt and Road Initiative (BRI), a former Malaysian minister told a conference here on Thursday.
Source: Xinhua | 2019/8/16 9:23:36

China's outbound investment up 3.3 pct in Jan-July

China's non-financial outbound direct investment (ODI) maintained steady growth in the first seven months of the year, official data showed Thursday.
Source: Xinhua | 2019/8/16 9:12:04

US sports footwear, apparel industry to be hit hardest by latest tariffs against China

Sports footwear and apparel will be hit the hardest among many other sporting goods by the fourth round of tariffs to be imposed by the US administration on Chinese-made products, said the industry on Wednesday.
Source: Xinhua | 2019/8/16 9:10:30

China's civil aviation sector sees steady growth in first seven months

China's civil aviation sector expanded at a steady rate in the first seven months of the year, official data showed Thursday.
Source: Xinhua | 2019/8/16 9:09:53