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.


New services, deals

Airbus said recently that as of the first half of this year, there are more than 1,770 Airbus aircraft flying in the Chinese mainland, accounting for about half of the market share. It plans to deliver its two-thousandth aircraft to China next year.
Source: Global Times | 2019/8/15 17:23:40

Timelines pushed back yet again as planemaker scrambles to clear grounded 737 MAX

Boeing Co has pushed back the entry into service of an ultra-long-range version of its forthcoming 777X widebody, the US planemaker said on Wednesday, marking the latest fallout from an ongoing crisis surrounding its 737 MAX jet.
Source: Reuters-Global Times | 2019/8/15 17:03:40

Chinese equestrian team win Tokyo Olympic Games qualifier

The Chinese equestrian team won the qualifier for the 2020 Tokyo Olympic Games after finishing second at the Olympic Group G qualifier in Valkenswaard, the Netherlands, on Tuesday.
Source: Global Times | 2019/8/15 16:56:59

Chinese-operated light rail in Mecca handles 2.4m trips during Hajj

The Mecca Light Rail, built and operated by China Railway Construction Corp (CRCC), has safely transported 2.4 million passengers by running almost 24 hours a day during this year's Hajj pilgrimage transport service in Mecca, Saudi Arabia.
Source: Global Times | 2019/8/15 16:15:32

China's stock indexes rebound after morning plunge, shrug off US stock rout

Brushing aside the negative impact of the overnight US stock rout, China's stock market is making a miraculous turnaround, with the Shanghai Composite stock index rebounding from a low of 2,756 points to close at more than 2,815 points.
Source: Global Times | 2019/8/15 16:03:40

China to enhance intellectual property protection by establishing credit system

China has accelerated the pace to regulate its patent agency sector, which is an important platform to enhance intellectual property protection (IPR), through a two-year comprehensive regulation project named “Blue Sky.” This will include the establishment of a credit rating mechanism.
Source: Global Times | 2019/8/15 14:48:46

CAAC to facilitate direct luggage transfer services at 29 airports

China's civil aviation agency said it will pilot direct transfer luggage services in 29 airports, including two in Northwest China's Xinjiang Uyghur Autonomous Region, in a bid to better serve customers.
Source: Global Times | 2019/8/15 14:18:40

Shanghai's newest landmark stunning with outstanding luxury

Marriott International Inc. announced the opening of JW Marriott Marquis Hotel Shanghai Pudong on August 8, marking the first JW Marriott Marquis hotel in China.
Source: Global Times | 2019/8/15 12:05:40

Chinese pork processing firm makes trading debut on Nasdaq

China Xiangtai Food Co., an emerging company primarily engaged in pork processing in China, commenced trading its ordinary shares on the Nasdaq capital market around midday on Wednesday under the ticker symbol "PLIN".
Source: Xinhua | 2019/8/15 9:37:08

US stocks close sharply lower as Wall Street overwhelmed by recession panic

US stocks closed remarkably lower on Wednesday, as persisting fears over an imminent recession struck a blow to the already-dampened investor sentiment.
Source: Xinhua | 2019/8/15 7:57:18

Oil prices decline as US crude inventories rise

Oil prices declined on Wednesday as unexpected builds in US crude inventories weighed on the market.
Source: Xinhua | 2019/8/15 7:56:03

Experts slam US 'currency manipulator' label

Chinese financial experts on Wednesday slammed the US labeling China as a “currency manipulator” as groundless slander and behaving like a hegemony.
Source: Global Times | 2019/8/14 21:13:40

Chinese economy grows within reasonable range in July

Chinese officials and experts expressed confidence in China's growth potential as the country's economy showed a stable trend in July amid the ongoing China-US trade war.
Source: Global Times | 2019/8/14 23:53:40