BIZ

China pushes listed companies to strengthen Party building


The government is pushing domestically listed companies to strengthen Party building and to participate in construction of an ecological civilization, according to an amendment on governance regulations for domestically listed companies.


China, Russia achieve steady progress in energy cooperation

Sino-Russian energy cooperation has been making steady progress in the past year, despite rising challenges from the US energy sector, which is eager to export natural gas to China, Kirill Dmitriev, CEO of the Russian Direct Investment Fund (RDIF), told the Global Times on Wednesday.
Source: Global Times | 2018/6/13 22:18:41

Foxconn US headquarters

Foxconn Technology Group opted to have its regional headquarters in Milwaukee, the biggest city in the midwestern US state of Wisconsin, local media reported on Tuesday.
Source: Agencies | 2018/6/13 21:38:42

Hengli buys Brazilian oil

Chinese chemical producer Hengli Group has bought its first crude oil cargo from Brazil ahead of the start-up of a new refinery in the fourth quarter, two sources with knowledge of the matter said on Wednesday.
Source: Agencies | 2018/6/13 21:38:41

China's submarine observation sector needs own core technology: analysts

China has been ramping up efforts to develop maritime technologies and the maritime economy, but the lack of certain technology, especially in the submarine observation sector, might hurt the pace of development, experts said Wednesday.
Source: Global Times | 2018/6/13 21:38:40

China leads 5G deployment race: EY

China is leading in the race for fifth-generation (5G) development, and 5G connections in China will reach 576 million by 2025, representing over 40 percent of global use, according to the latest EY report sent to the Global Times on Wednesday.
Source: Global Times | 2018/6/13 21:33:41

Agents abandon Hainan as home sales plunge in response to buying curbs

Tough measures to cool the property market in China's resort island of Hainan have put the brakes on a real estate boom and underscored the policy risks developers and investors face as the government tries to rein in prices.
Source: Reuters-Global Times | 2018/6/13 21:33:40

Steady expansion in GDP

The Chinese economy will maintain steady growth this year as structural reforms have made notable progress, the Xinhua News Agency said.
Source: Global Times - Xinhua | 2018/6/13 21:28:41

Malpractices in apps

The Ministry of Industry and Information Technology publicized a list of problematic apps found during its inspections in the first quarter of this year, the China News Service reported on Wednesday.
Source: Global Times | 2018/6/13 21:28:40

Merger talk swirls over China oil, gas pipelines

Construction of pipelines to carry natural gas and oil in China is set to increase significantly over the next few years, but that doesn't mean there's a necessity to merge the current pipeline businesses of the nation's three oil giants, energy experts said.
Source: Global Times | 2018/6/13 21:08:41

Chinese investors to bring growth, jobs to Uganda

By developing more industrial parks in Uganda, Chinese investors are helping to boost economic growth and provide jobs to rural young people, local leaders said.
Source: Xinhua | 2018/6/13 20:02:47

ZTE has untapped potential despite tumbling shares: analysts

Chinese telecom giant ZTE Corp's shares tumbled on Wednesday during their first day of trading after a nearly two-month suspension, as the company recovers from a crippling US ban but faces severe punishment.
Source: Global Times | 2018/6/13 19:33:40

China World Summit Wing, Beijing holds Global Wellness Day yoga event

On June 9, China World Summit Wing, Beijing and SpaceCycle jointly organized a yoga master class for Global Wellness Day.
Source: Global Times | 2018/6/13 18:28:40

Beijing Marriott Hotel Northeast appoints new director of operations

Beijing Marriott Hotel Northeast is pleased to announce Simon Ji as their new director of operations.
Source: Global Times | 2018/6/13 18:28:39