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.


World experts upbeat about stability, resilience of Chinese economy

Amid complicated international landscape and new changes in China's domestic economy, experts around the world believe that the Chinese government has sufficient policy tools to tap its inherent dynamism so as to secure robust and resilient economic growth.
Source: Xinhua | 2018/10/14 12:13:39

Chinese firm explores green investment opportunity in south Nigeria

A leading Chinese green industry enterprise Elion Resources Group on Saturday signed a Memorandum of Understanding (MoU) in Nigeria as part of its exploration of investment opportunities in the country, particularly in desertification control, agriculture and development of new energy resources.
Source: Xinhua | 2018/10/14 7:27:37

China's export container transport gains momentum in September

China's container transport for export purposes gained momentum in September, according to new data from the Shanghai Shipping Exchange.
Source: Xinhua | 2018/10/13 18:15:50

Chinese companies team up to develop hydrogen trucks

China's energy giant has partnered with a leading engine producer to jointly develop hydrogen trucks.
Source: Xinhua | 2018/10/13 18:14:48

Facebook admits 29 million users' accounts hacked by attackers

US top social media network Facebook admitted Friday that the accounts of 29 million users have been illegally accessed by attackers in the latest cyber attack it announced last month.
Source: Xinhua | 2018/10/13 10:47:34

Yiwu introduces new rules to welcome foreigners

The city of Yiwu, a marketplace for small commodities in east China's Zhejiang Province, introduced a series of new rules Friday to welcome more foreigners.
Source: Xinhua | 2018/10/13 10:46:34

Import expo signals China's commitment to free trade, multilateralism, says expert

The upcoming China International Import Expo (CIIE) is a clear signal of the country's commitment to unfettered free trade and multilateral mechanisms, said Argentine political observer Patricio Giusto.
Source: Xinhua | 2018/10/13 8:16:57

China-North Korea trade drops 59.2% in January-September period: customs

China has consistently complied with UN's resolutions on North Korea and bilateral trade tumbled 59.2 percent year-on-year from January to September, said an official with the General Administration of Customs (GAC) on Friday.
Source: Global Times | 2018/10/13 0:18:39

China advances its AI agenda with new national platform

The Chinese AI start-up CloudWalk on Friday launched an open-source platform offering basic resources to companies and public institutions that will allow them to develop artificial intelligence (AI) services, marking the country's strengthening efforts in realizing its target by leading the world in the AI sector by 2030.
Source: Global Times | 2018/10/12 23:28:41

Valuation of China's yuan decided by the market say analysts

The value of China's yuan is decided by the market and will not purposefully be devalued to fight a trade war with the US, analysts said on Friday.
Source: Global Times | 2018/10/12 23:28:40

China releases depositary receipt rules for Shanghai-London stock connect

The China Securities Regulatory Commission (CSRC) on Friday issued trial rules on depositary receipt business in the Shanghai-London stock connect program after seeking public comment for more than a month.
Source: Xinhua | 2018/10/12 21:11:32

Macao international airport records over 2.15 mln passenger movements in Q3

Macao International Airport (MIA) recorded ideal performance in both the passenger and aircraft movements in the third quarter of 2018, its latest news release said on Friday.
Source: Xinhua | 2018/10/12 18:19:14

Chinese company shares desertification control experience with Morocco

China Elion Resources Group signed on Thursday a Memorandum of Understanding (MoU) with the government of the Oriental Region of Morocco in Oujda to curb desertification in that region.
Source: Xinhua | 2018/10/12 18:17:30