BIZ

Overseas infrastructure expanding


China's investment in overseas infrastructure has expanded during the past five years from connectivity and energy to industrialization, with a notable growth in the buildup of soft infrastructure, a Chinese expert said over the weekend.

The port integration period

China has been steadily promoting port integration over recent years by bringing the country's main ports into the arms of one provincial-level platform as a ...

China’s aviation milestone

When reviewing China’s achievements over the past five years during the opening session of the 19th National Congress of the Communist Party of China (CPC) ...



China industrial output expands 6.7 pct in Jan-Sept period

China's value-added industrial output expanded 6.7 percent year on year in the first nine months of this year, faster than the 6-percent increase a year ago, official data showed Thursday.
Source: Xinhua | 2017/10/19 10:32:49

China's GDP expands 6.9 pct in first 3 quarters

China's gross domestic product expanded 6.9 percent year on year in the first three quarters of 2017 to 59.3288 trillion yuan (about 8.9614 trillion US dollars), the National Bureau of Statistics said on Thursday.
Source: Xinhua | 2017/10/19 10:32:10

S. Korea freezes policy rate at record low for 16 months

South Korea's central bank on Thursday froze its benchmark interest rate at a record low, refraining from altering the rate for 16 straight months.
Source: Xinhua | 2017/10/19 9:53:30

US Fed says economy continues expansion despite major disruptions from hurricanes

US economy continues to modest and moderate growth in September through early October, despite major disruptions brought by hurricanes to some regions and industries, the Federal Reserve said on Wednesday.
Source: Xinhua | 2017/10/19 9:49:47

US Treasury Secretary warns of stock market decline without tax reform

US Treasury Secretary Steven Mnuchin warned Congress on Wednesday that the US stock market could fall significantly if Congress do not pass tax reform.
Source: Xinhua | 2017/10/19 9:29:14

Chinese online small consumer credit provider Qudian debuts on NYSE

Chinese online small consumer credit provider Qudian Inc. made its debut on the New York Stock Exchange (NYSE) on Wednesday, trading under the ticker symbol of "QD".
Source: Xinhua | 2017/10/19 9:12:04

Figuratively Speaking

80 trillion yuan China’s GDP in 2016, up from 54 trillion yuan in 2012.
Source: Global Times | 2017/10/18 22:28:39

Progress needed to make SOEs ‘stronger, better, bigger’

Xi Jinping, general secretary of the Communist Party of China (CPC) Central Committee, called on Wednesday for further reform of State-owned enterprises (SOEs) to make them “stronger, better and bigger.”
Source: Xinhua | 2017/10/18 22:18:40

China to focus on quality in future economic development

Xi Jinping, general secretary of the Communist Party of China (CPC) Central Committee, on Wednesday called for putting quality first and giving priority to performance in the country’s economic development.
Source: Xinhua | 2017/10/18 22:18:39

Xi calls for efforts to boost consumption, innovation

Xi Jinping, general secretary of the Communist Party of China (CPC) Central Committee, said in a speech on Wednesday that China will take steps to boost the fundamental roles of consumption and innovation in promoting the country’s economic growth.
Source: Xinhua | 2017/10/18 22:13:39

Foreign firms’ rights ensured

China will significantly ease market access, further open services sectors, and protect the legitimate rights and interests of foreign investors, Xi Jinping, general secretary of the Communist Party of China (CPC) Central Committee, said Wednesday.
Source: Global Times | 2017/10/18 22:03:39

Orient Hontai to buy Imagina

Orient Hontai has agreed to buy a majority stake in Spanish sports rights group Imagina for $1 billion, the latest deal from Chinese investors to transform the Asian country into a global soccer powerhouse.
Source: Reuters-Global Times | 2017/10/18 21:28:40

Qudian raises $900m in IPO

China’s online micro-credit provider Qudian Inc raised $900 million in an IPO that priced above expectations, underscoring robust US investor demand for fast-growing Chinese companies.
Source: Reuters-Global Times | 2017/10/18 21:28:39