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Africa's largest oil summit opens in Nigeria

The first edition of what is said to be Africa's largest petroleum summit opened in Nigeria's capital Abuja on Monday, with an aim to revive the oil industry in Africa. ...
Source: Xinhua | 2018/2/20 3:28:05

China Mobile conducts 400G optical transmission test

China Mobile's Research Institute recently conducted a lab test for single-carrier 400G optical transport networking (OTN), the first test of its kind for domestic carriers, the Xinhua News Agency reported ...
Source: Global Times | 2018/2/19 16:52:49

China's energy revolution calls for rethink by fossil-fuel ports: expert

A logistics researcher in Zhoushan, East China's Zhejiang Province has called for a timeout in building massive ports for crude oil imports, as the nation's energy consumption transformation could make ...
Source: Global Times | 2018/2/19 8:53:55

Community banks close down as shift of strategy

A number of community banks, branches set by banks in resident neighborhoods for service convenience, have been closing down in recent months in major Chinese cities, as banks are changing ...
Source: Global Times | 2018/2/18 12:36:08

China's industrial capacity utilization hits five-year high

China's industrial capacity utilization hit 77 percent in 2017, the highest level in nearly five years, according to the National Bureau of Statistics (NBS).
Source: Xinhua | 2018/2/18 9:25:04

2018 Canadian Int'l AutoShow held in Toronto

Featuring more than 1,000 cars, trucks, SUVs, concept cars and classics, the largest Canadian annual automotive expo kicked off on Friday and will last until Feb. 25.
Source: Xinhua | 2018/2/17 14:54:13

Boeing unveils new investment to push for global learning, innovation

US aerospace leader Boeing Company said Thursday that it has made a new investment in a Silicon Valley-based university to explore customized educational programs for its employees worldwide in global ...
Source: Xinhua | 2018/2/16 13:42:37

PBC to focus on risks

The People's Bank of China (PBC), the central bank, will continue to focus on fending off risks in the nation's financial market in 2018, PBC Governor Zhou Xiaochuan wrote in ...
Source: Xinhua-Global Times | 2018/2/13 21:38:40

More sectors open for private capital: report

China is to further open more sectors including rail and telecommunications to private investment in 2018, as part of a broader push to create a favorable environment for the private ...
Source: Global Times | 2018/2/13 21:38:40

China to counter US steel trade measures

China will oppose any “unfair and unreasonable” trade measures by countries such as the US against its steel companies, a Chinese government think tank said on Tuesday, arguing protectionism will ...
Source: Reuters-Global Times | 2018/2/13 21:33:40

Virtual red envelope trend grows

More domestic internet titans have joined the trend of sending digital red envelopes, or cash gifts, ahead of this year's Chinese lunar new year season, which begins on Friday. Handing ...
Source: Global Times | 2018/2/13 21:33:39

US may become net energy exporter in 2020: EIA

The US Energy Information Administration (EIA) said Monday that the United States is projected to become a net energy exporter in 2022, primarily driven by changes in petroleum and natural ...
Source: Xinhua | 2018/2/13 9:21:32

New yuan loans hit record high

China's new yuan-denominated loans in January hit 2.9 trillion yuan ($458.2 billion), 867 billion yuan more than in January 2017 and a record high, central bank data showed Monday.
Source: Agencies-Global Times | 2018/2/12 22:13:40

Alibaba signs deal with Disney

Alibaba Group's entertainment arm has signed a licensing agreement with Walt Disney Co in a deal that will provide the Chinese group's Youku video streaming platform with the largest Disney ...
Source: Agencies-Global Times | 2018/2/12 22:13:39

40 years of change

Guangzhou Railway Station in South China's Guangdong Province is one of the busiest in China. Each year around the Chinese lunar new year, countless passengers who have moved to the ...
Source: Xinhua-Global Times | 2018/2/12 21:28:39

Oil prices rise 1 percent as stock markets hold steady

Oil prices rose by 1 percent on Monday, recovering at least some of last week's steep losses as Asian stock markets found their footing after days of chaotic trading.
Source: Reuters-Global Times | 2018/2/12 21:03:40

China to strengthen regulation over Internet finance businesses

China will continue to strengthen regulation over the country's mushrooming Internet finance businesses in 2018 to facilitate long-term development of the industry, the National Internet Finance Association (NIFA) has said. ...
Source: Xinhua | 2018/2/12 17:52:50

Rise seen in technical contracts

More than 367,000 technical contracts were signed in China in 2017, up 14.7 percent from the previous year, the Ministry of Science and Technology said Sunday.
Source: Xinhua | 2018/2/11 21:38:39