BIZ

Foreign sanctions against Chinese tech firms won't inhibit China's progress: experts


Sanction measures against China's high-tech firms by some foreign countries won't prevent China from developing its technology sectors, experts said on Sunday.


Apple speaker release

Apple Inc said Wednesday that it will offer its HomePod wireless speaker to Chinese customers for the first time in early 2019, less than one year after the smart device was launched in the US and Canada.
Source: Global Times - Xinhua | 2018/12/6 22:48:45

Shanghai biomedicine plan

Shanghai has unveiled a three-year action plan to build high-end manufacturing parks for biological medicine by 2020, as the city seeks to become a biomedical innovation hub, local officials said on Thursday.
Source: Global Times - Xinhua | 2018/12/6 22:48:45

Cross-border fraud

Chinese police have detained 132 suspects for allegedly committing more than 2,000 cases of cross-border medical fraud in nationwide raids since April, the Ministry of Public Security announced Thursday.
Source: Global Times - Xinhua | 2018/12/6 22:48:44

S&P to add A shares

US-based financial services firm Standard & Poor's (S&P) announced on Wednesday that it would include certain Chinese A shares in its Dow Jones Indices' Global Benchmark, reversing a previous decision to exclude the Chinese shares.
Source: Global Times - Xinhua | 2018/12/6 22:48:42

New model releases

Electric vehicle (EV) start-up Aiways Technology Co announced its first mass-produced model U5 on November 30 in Shanghai, where the company is based.
Source: Global Times | 2018/12/6 21:08:42

Nissan brand Infiniti global sales rise 6% on firm China growth

Global sales of Nissan Motor Co Infiniti rose 6 percent in November from a year earlier, as the premium brand weathered a deepening market slowdown in China to post strong growth, an Infiniti statement showed.
Source: Reuters - Global Times | 2018/12/6 20:59:04

BAIC plunges on report Daimler may raise stake

Hong Kong-listed BAIC Motor Corp's shares slumped on Wednesday after Bloomberg reported late Tuesday that Germany's Daimler AG is considering increasing its stake in its joint venture (JV) with the Chinese company.
Source: Reuters - Global Times | 2018/12/6 20:59:01

Artistic metro station

People walk past the new National Art Museum of China metro station on Beijing's Subway Line 8, which will be open to the public before the end of the year. Construction of the subway station began in 2011, but took longer than expected due to demolition issues and complications with existing underground utilities. Photo: VCG
Source: VCG | 2018/12/6 20:21:53

More international air routes for Sanya

The coastal city of Sanya in South China's island province of Hainan plans to open 15 more international flight routes in 2019, the city government said on Thursday.
Source: Xinhua | 2018/12/6 20:18:44

PBC injects funds into market via MLF

China's central bank on Thursday injected 187.5 billion yuan ($27.33 billion) into the market via the medium-term lending facility (MLF) to maintain liquidity.
Source: Xinhua | 2018/12/6 20:18:43

Students trained in Chinese colleges essential to Nepal's development: minister

Nepali students who have studied in China become capable people who can highly contribute to the country's vision of “Prosperous Nepal, Happy Nepali,” Nepal's Minister for Education, Science and Technology Giriraj Mani Pokharel said on Wednesday.
Source: Xinhua | 2018/12/6 20:18:42

China's innovation capacity grows as IP protection enhanced: int'l forum

China's capacity for innovation has been growing remarkably in recent years due to its enhanced efforts for intellectual property (IP) protection, speakers said at the Business of IP Asia Forum opened on Thursday.
Source: Xinhua | 2018/12/6 20:11:02

China's 2019 trade growth to have strong underpinning: MOC

China's Ministry of Commerce (MOC) said Thursday that the country's foreign trade growth in 2019 will have strong underpinning despite external challenges.
Source: Xinhua | 2018/12/6 19:55:01