BIZ

Huawei Facts webpage launched, firm vows transparency, openness in global market


Faced with growing obstacles in overseas markets in recent months, China's Huawei Technologies has not been intimidated and scaled down its global ambitions. Instead, the company has come up with more measures to become more open and transparent.


Big-city residents less likely to buy housing in hometowns

The number of people who work in big cities and aspire to return to their hometowns to purchase housing is likely to decrease in 2019, an industry report said.
Source: Global Times | 2019/2/10 21:33:40

Chinese banks top in brand value ranking

Chinese bank brands dominated the world's most valuable bank list with Industrial and Commercial Bank of China (ICBC) taking the top spot, according to London-based business valuation consultancy Brand Finance.
Source: Global Times | 2019/2/10 21:33:39

China starts to rein in illegal currency trading

China's Supreme People's Court (SPC) and Supreme People's Procuratorate (SPP) have stepped up efforts to clamp down on illegal foreign exchange (forex) trade by clarifying tougher restrictions and announcing stricter punishments.
Source: Global Times | 2019/2/10 21:23:40

Looking for work

Applicants apply for jobs during an employment fair in Baoying county, East China's Jiangsu Province on Sunday. At least 236 companies offered more than 6,000 vacancies in sectors including investment, information technology and manufacturing during the fair. The event attracted thousands of job hunters. Photo: VCG
Source: VCG | 2019/2/10 21:18:40

Internet economy conquers smaller cities

What did Chinese people in third- and lower-tier cities do during the seven-day Spring Festival holiday? It seems that traditional activities such as playing mahjong and snacking on sunflower seeds lost appeal. Instead, shooting funny videos via short-video platforms and grabbing digital red envelopes gained vogue.
Source: Global Times | 2019/2/10 20:58:39

Factbox: Energy giants for more drilling

China's national oil companies are raising spending on domestic oil and gas drilling to the highest levels since 2016, responding to central government's call to boost national energy security.
Source: Reuters-Global Times | 2019/2/10 19:38:39

Tapping new discoveries

China's state energy giants are set to raise spending on domestic drilling this year to the highest levels since 2016, focusing on adding natural gas reserves in a concerted drive to boost local supplies.
Source: Reuters-Global Times | 2019/2/10 19:28:39

China's information consumption surges in 2018

China's information consumption saw a rapid increase last year, according to the Ministry of Industry and Information Technology (MIIT).
Source: Xinhua | 2019/2/10 13:23:06

China remains top trade supplier of Algeria in 2018

China consolidated its position as the largest trade supplier of Algeria in 2018, according to a report by Algerian Customs on Saturday.
Source: Xinhua | 2019/2/10 10:59:00

China reports steady growth in refined oil consumption

China's consumption of refined oil saw stable growth in 2018, data showed.
Source: Xinhua | 2019/2/10 8:17:04

China's valuation firms to play bigger role in economic reform

It is not entirely uncommon for judicial bodies to use appraisal firms to help make forensic valuations, but it is a challenge to find a reputable one for such an assignment and for various reasons. The capacity of appraisers is uneven, and the ability of the courts to select relevant valuation points is limited.
Source: Globaltimes.cn | 2019/2/9 10:37:58

Chinese market drives sales growth of US fast food company in 2018

Chinese market has contributed greatly to the annual sales growth of Yum! Brands in 2018, according to the latest earnings report of the US fast food company on Thursday.
Source: Xinhua | 2019/2/8 23:37:03

2019 Chicago Auto Show kicks off, eyeing future development of auto industry

The 111th Chicago Auto Show, the largest in the United States, kicked off Thursday with nearly 50 auto manufacturers showcasing nearly 1,000 vehicles at the McCormick Place this year.
Source: Xinhua | 2019/2/8 20:24:44