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.

New age of recycling

After years of dismantling discarded televisions and laptops, a Shanghai recycling plant is readying itself for a new wave of waste - piles of exhausted ...

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 ...



Italy leads euro bond yields lower ahead of ECB lineup

Italian bond yields fell to five-week lows Wednesday, leading yields in the eurozone down as investors looked to speeches by European Central Bank (ECB) officials for fresh insights on their thinking before next week’s hotly anticipated central bank meeting.
Source: Reuters-Global Times | 2017/10/18 17:38:40

China steel firms protect profits amid volatility

China’s steel mills and traders are embracing more sophisticated ways to sell metal and buy raw materials to protect their bumper profits amid rising price volatility.
Source: Reuters-Global Times | 2017/10/18 17:38:39

Mainland stocks rise as key meeting opens

Chinese mainland’s stocks firmed on Wednesday, with the blue-chip index closing at a 26-month high, as investors pinned hopes on a key leadership summit hosted in Beijing promoting reforms to boost growth in the world’s second-largest economy.
Source: Reuters-Global Times | 2017/10/18 17:38:39

International talent magnet

More and more international talents are coming to China to find opportunities in the finance industry or to start their own businesses. The Global Times asked several expatriates working in the finance and business field why they think China is such a promising country for professionals like them. Particularly, they cited that China holds an open attitude to foreigners, has strong capital market growth and boasts convenient financial services. Meanwhile, domestic cities are aiming to develop financial sectors to attract even more talents from abroad.
Source: Global Times | 2017/10/18 17:33:39

China now world's most attractive wine market: exporters & professionals

China has become the most attractive wine exporting destination in the world, according to major wine exporters and professionals at a seminar concluded in eastern China's Shandong Province Tuesday.
Source: Xinhua | 2017/10/18 15:08:47

US Treasury says no major trading partner manipulates currency

US Treasury Department said on Tuesday that no major trading partner of the United States, including China, manipulated their currencies.
Source: Xinhua | 2017/10/18 13:38:35

China's central bank continues net cash injection

China's central bank on Wednesday continued to pump money into the interbank market via reverse repos to ensure stable liquidity.
Source: Xinhua | 2017/10/18 13:37:31

British inflation hits over five-year high in September

The British key inflation rate climbed to 3 percent, hitting its highest for more than five years in September, the Office for National Statistics (ONS) released on Tuesday.
Source: Xinhua | 2017/10/18 10:54:18

China upholds protection of foreign companies’ rights

China's policy on utilizing foreign investments will remain unchanged, a spokesman for the 19th National Congress of the Communist Party of China said Tuesday.
Source: Xinhua | 2017/10/17 23:28:39

China-Finland trade, economic relations seen growing stronger in past five years

China and Finland have enjoyed strengthened trade and economic relations since the 18th National Congress of the Communist Party of China (CPC) held in 2012, Yang Erlin, chairman of the Chinese Enterprise Association in Finland, told the Global Times in an interview on Monday.
Source: Global Times | 2017/10/17 22:03:39

Fast trade growth seen in first nine months

China’s imports and exports have seen relatively fast growth in the first nine months, thanks to factors such as gradually rising demand in the global markets, favorable domestic policies and the adjustment of corporate structure, the Ministry of Commerce (MOFCOM) said Tuesday.
Source: Global Times | 2017/10/17 21:58:39

Rapid growth seen in IC industry

China’s integrated circuit (IC) industry has seen rapid growth in the past five years in terms of technological advancement and the rising number of companies in the sector, thanks to the government’s strong support as well as an increase in international cooperation, experts said on Tuesday.
Source: Global Times | 2017/10/17 21:57:28

Grid advance improves quality of growth

China has become a world leader in using domestic ultra-high voltage (UHV) grid technology during the past five years, the State Grid Corp of China (SGCC) said on Tuesday, and experts said that has helped the country in meeting its key objectives.
Source: Global Times | 2017/10/17 21:28:39