BUSINESS >> Industries

China submits 5G technologies to ITU

China has formally submitted its 5G technologies to the International Telecommunication Union (ITU), and analysts said that as Chinese companies have made considerable contributions to the next generation of wireless ...
Source: Global Times | 2019/7/18 22:03:40

Tesla cuts price for imported Model 3 to boost sales in China market

Tesla's latest price cut for its Model 3 cars further reduces the gap between its imported Model 3s and those to be made in China, which one expert said is ...
Source: Global Times | 2019/7/18 20:33:40

Proposed law on land appreciation tax to further regulate China's property market

A draft law covering China's land appreciation tax (LAT) will extend the current four-tier tax system and bring real estate built on collectively owned land within the scope of taxation.
Source: Global Times | 2019/7/18 20:18:40

New services, deals

Delta's newest wide-body aircraft – the Airbus A330-900neo – began scheduled service on Friday, flying from Shanghai to Seattle.
Source: Global Times | 2019/7/18 16:38:40

Factbox: Airlines count costs of Boeing 737 MAX grounding

Some international airlines have reported tentative schedules for when they expect their Boeing 737 MAX airplanes to be up in the air again. More than 300 Boeing 737 MAX 8 ...
Source: Reuters | 2019/7/18 16:33:41

AI to power China's first private-funded high-speed rail in Zhejiang Province

China's first private-funded railway, which connects Hangzhou, Shaoxing and Taizhou in Zhejiang Province, will be the country's first railway systemically powered by artificial intelligence (AI), domestic news site reported ...
Source: Global Times | 2019/7/18 14:10:08

Going green

An employee inspects vegetables at a greenhouse in an intelligent agricultural industrial park in Lianyungang, East China's Jiangsu Province on Wednesday. The park has 22 such greenhouses and aims to ...
Source: Global Times | 2019/7/18 14:03:31

FDI in Bangladesh: High growth rate worth celebrating but the tobacco deal begs questions

The growth of foreign direct investment (FDI) to Bangladesh by about 68 per cent ($ 3.6 billion) in 2018 compared with 2017 is an outstanding performance of the country. But ...
Source: The Financial Express | 2019/7/18 10:55:53

More 5G smartphones secure official certification, to usher in advent of 5G in China

The first batch of 5G-enabled smartphones have obtained the China Compulsory Certification (3C), one of the final stages for the official launch of 5G, according to a report by ...
Source: Global Times | 2019/7/17 20:08:24

China's increased gas imports from Russia could extinguish Australia's LNG export rise

The progress and functioning of Russia's Power of Siberia pipeline could be a bad omen for Australian liquefied natural gas (LNG) exports despite record volumes recorded in recent months.
Source: Global Times | 2019/7/17 18:38:40

Investors stay cautious on China's sci-tech board as investment values are murky

China's much-anticipated stock trading board for high-tech startups is off to a bounding start, as capital floods the new board with rising public anticipation for returns.
Source: Global Times | 2019/7/17 17:33:40

Alipay starts face-scanning solutions with beauty filters in China's largest bookstore

Chinese payment and service platform Alipay started operating its facial recognition payment systems with beauty filters at Xinhua Bookstores, the largest bookstore in China, the company announced Tuesday.
Source: Xinhua | 2019/7/17 16:51:36

China sees no major manufacturing exit: top economic planner

China has not seen a large-scale exit in its manufacturing sector and is confident in attracting more foreign firms seeking long-term development, the top economic planner said Tuesday.
Source: Xinhua | 2019/7/17 12:31:37

IMF to start selecting new leader as Lagarde formally submits resignation

International Monetary Fund (IMF) Executive Board said Tuesday that it will initiate promptly the process of selecting the next managing director, after Christine Lagarde announced her resignation from the IMF ...
Source: Xinhua | 2019/7/17 11:53:05

Social credit system to set market access limit for dishonest individuals, firms

China is advancing its social credit system through measures such as limiting market access for discredited people and companies while also expanding supervision and penalties, the central government said in ...
Source: Global Times | 2019/7/16 21:38:42

Chinese video monitor players gain an increased foothold in world market

The video surveillance industry in China is gaining an increased foothold in the world market thanks to cost-effective products and strong supply capacity, industry insiders said on Tuesday.
Source: Global Times | 2019/7/16 21:38:40

Turkish cherries to take up bigger share in China as shipping time is shortened

Turkey is expected to boost cherry exports to China after the General Administration of Customs (GAC) adjusted the phytosanitary requirements on Turkish cherries on June 28.
Source: Global Times | 2019/7/16 19:33:40

China's outbound FDI flat amid slowing economy, tighter regulations

The growth of foreign direct investment (FDI) by Chinese companies was flat in the first half of the year compared with the first half of 2018 as economic growth faced ...
Source: Global Times | 2019/7/16 18:53:40