BUSINESS >> Industries

Brunei earmarks 1.2 bln USD for oil, gas exploration

Brunei has earmarked 1.65 billion Brunei dollars (1.2 billion US dollars) for the development of new oil and gas fields and the acceleration of exploration activities this year as ...
Source: Xinhua | 2019/3/22 15:35:40

China's three carriers to invest $5b in 5G networks in 2019

China's three major telecoms operators forecast a total investment of about 34 billion yuan ($5 billion) in 5G networks in 2019, reflecting a cautions attitude, as industry analysts predict investment ...
Source: | 2019/3/22 14:49:03

Chinese industry associations want more participation in drafting regulations

Nine Chinese industry associations were invited by the Ministry of Civil Affairs to attend a symposium and hailed a circular that calls on authorities to fully consider opinions raised by ...
Source: Xinhua | 2019/3/22 3:58:06

Europe more rational on 5G development: experts

Unlike the US which politicizes China's high-tech rise, Europe is believed to adopt a more rational, fact-based approach on 5G development and the involvement of Chinese firms, and a more ...
Source: Global Times | 2019/3/21 22:48:40

China won't repeat Japan's lost years in US trade deal

As China and the US reach the final stage of negotiations over a deal that could end the trade war, some are worried that the agreement may result in lost ...
Source: Global Times | 2019/3/21 20:03:40

Chinese tour sector eyes NK market

Chinese companies involved in the tourism industry are waiting for the right time to start services to North Korea, industry insiders told the Global Times, as travel to the mysterious ...
Source: Global Times | 2019/3/21 19:38:41

UK visa statistics show 11% growth in China last year

China contributed to a massive quarter of UK visas issued globally last year, according to the latest quarterly report on immigration statistics published by UK's Home Office.
Source: Global Times | 2019/3/21 17:48:42

Cool delivery

A freezer vessel was delivered at Zhongshan port in South China's Guangdong Province on Wednesday. The ship was made by Zhongshan-based Guangxin Shipbuilding & Heavy Industry Co, for Netherlands-based company ...
Source: VCG | 2019/3/20 20:28:40

China's tech giants renew mid-level managerial ranks with young employees

China's internet giants are replacing mid-level managers with younger employees to maintain innovation and vitality, a move an analyst said on Wednesday would drive these companies to meet fierce competition ...
Source: Global Times | 2019/3/20 19:58:40

China to speed up application of methanol-fueled vehicles

Chinese authorities issued a guideline on Tuesday to speed up the construction of the manufacturing system and market application of methanol-fueled vehicles.
Source: Xinhua | 2019/3/20 0:42:18

Smart farming

A villager remotely controls a robot to spray pesticides in Handan, North China's Hebei Province on Tuesday. Agricultural drones and robots are widely used in the city to boost the ...
Source: VCG | 2019/3/19 21:33:40

Weibo removes 134,000 harmful posts on politics

China's twitter-like Weibo continued to cleanse its platform by blocking or removing 134,000 posts that spread harmful information about current politics in February, Weibo announced on its official administrator account ...
Source: Global Times | 2019/3/19 20:23:41

Russia Could Be World's Largest Natural Gas Producer – Shell CEO

Russia could become the largest natural gas producer in the world, Ben van Beurden, the CEO of Shell, wrote in an article for RIA Novosti.
Source: | 2019/3/19 18:16:45

'Vulgar' coconut drink ads banned by regulators for distasteful and sensationalist content

Coconut Palm Company, one of China's leading beverage companies based in South China's Hainan Province, has been ordered to stop broadcasting its controversial advertisements on television, according to a post ...
Source: Global Times | 2019/3/19 17:08:40

China amends regulations to facilitate cross-border investment, financing

China has amended its regulations on the capital management of transnational companies, according to the State Administration of Foreign Exchange (SAFE).
Source: Xinhua | 2019/3/19 0:05:41

Huawei's response to US' geopolitical game: move on and do better

Keep calm and carry on. China's Huawei Technologies has kept winning contracts in Western countries, which is its active response to US-led geopolitical pressure – offering better-quality products and services ...
Source: Global Times | 2019/3/18 20:18:39

Driven by domestic demand, Moutai's market capitalization hits 1 trillion yuan

Shares of China's top distiller Kweichow Moutai rose 4.22 percent on Monday, taking the company's market capitalization past 1 trillion yuan ($149 billion). Moutai is one example of gains ...
Source: Global Times | 2019/3/18 20:08:39

China to strengthen crackdown on medicare fund fraud

China will launch a month-long campaign nationwide to enhance supervision over medical insurance funds and strengthen its crackdown on medical insurance fraud.
Source: Xinhua | 2019/3/18 19:59:35