BUSINESS >> Industries

China's top award in industry winnners announced

The fifth China Grand Award for Industry was announced over the weekend, with 12 Chinese enterprises and 11 projects named winners.
Source: Xinhua | 2018/12/10 12:50:57

Foreign sanctions against Chinese tech firms won't inhibit China's progress: experts

Sanction measures against China's high-tech firms by some foreign countries won't prevent China from developing its technology sectors, experts said on Sunday.
Source: Global Times | 2018/12/9 21:38:39

India chips away at ceramic tiles, yet China still holds overwhelming edge in competitiveness: experts

Chinese makers of ceramic tiles, a key construction material, may lose their traditional cost advantage to India, while the trade war with the US is inhibiting Chinese export orders, according ...
Source: Global Times | 2018/12/9 20:33:41

Internet sector grows steadily

China's internet service and related sectors maintained sound growth in the first 10 months of the year, seeing a stable market expansion of online streaming apps, data showed.
Source: Xinhua | 2018/12/9 19:48:41

Raw material profits up

China's raw material industry generated aggregate profits of 190.04 billion yuan ($27.68 billion) in October, up 18.6 percent from the previous month, continuing the momentum of solid expansion, official data ...
Source: Xinhua | 2018/12/9 19:48:40

China's core AI industry to hit $145 billion by 2030 as data availability fuels growth

The value of China's core Artificial Intelligence (AI) industries could exceed 1 trillion yuan ($145.47 billion) by 2030, with that of AI-enabled industries more than 10 trillion yuan, according to ...
Source: Xinhua | 2018/12/9 19:43:40

China's core AI industry to exceed 145 bln USD by 2030: report

The value of China's core Artificial Intelligence (AI) industries could exceed 1 trillion yuan (145.47 billion U.S. dollars) by 2030, with that of AI-enabled industries more than 10 trillion yuan, ...
Source: Xinhua | 2018/12/9 8:16:11

Huawei's troubles won't stop China from leading global 5G race

The arrest of Huawei's CFO and banning the company from some markets will not hinder China's ambitions to develop and promote the worldwide implementation of 5G which is being driven ...
Source: Global Times | 2018/12/7 23:33:43

British house price growth hits 6-year low

British house price recorded a growth of 0.3 percent in the three months to November, the slowest over the last six years, according to data released Friday by Halifax, a ...
Source: Xinhua | 2018/12/7 22:12:01

ADB increases financing to SMEs in China

The Asian Development Bank (ADB) signed a 60 million US dollar loan agreement to increase financing to small- and medium-sized enterprises (SMEs) in China.
Source: Xinhua | 2018/12/7 20:45:09

Taiwan's exports fall in November

Taiwan's exports in November dropped 3.4 percent year on year to 27.81 billion US dollars, the first decline since February this year, according to the island's finance authority Friday.
Source: Xinhua | 2018/12/7 19:14:16

China's central bank tightens grip on online payment platforms' reserve funds

The People's Bank of China (PBC), the central bank, has moved in recent days to tighten regulations on reserve funds of the country's booming online payment platforms, which could help ...
Source: Global Times | 2018/12/6 22:48:48

China's Xiaomi takes lead in showcasing first 5G model

Xiaomi showcased the first fifth-generation (5G) version of its flagship smartphone – Mi MIX 3 – on Thursday, becoming the first domestic vendor to do so.
Source: Global Times | 2018/12/6 22:48:47

Malaysia aims to be a regional transshipment hub

Malaysian Transport Minister Anthony Loke Siew Fook said on Thursday that Malaysia seeks to become China's transshipment hub for the Association of Southeast Asian Nations (ASEAN).
Source: Xinhua | 2018/12/6 22:48:47

Shanghai biomedicine plan

Shanghai has unveiled a three-year action plan to build high-end manufacturing parks for biological medicine by 2020, as the city seeks to become a biomedical innovation hub, local officials said ...
Source: Global Times - Xinhua | 2018/12/6 22:48:45

S&P to add A shares

US-based financial services firm Standard & Poor's (S&P) announced on Wednesday that it would include certain Chinese A shares in its Dow Jones Indices' Global Benchmark, reversing a previous decision ...
Source: Global Times - Xinhua | 2018/12/6 22:48:42

BAIC plunges on report Daimler may raise stake

Hong Kong-listed BAIC Motor Corp's shares slumped on Wednesday after Bloomberg reported late Tuesday that Germany's Daimler AG is considering increasing its stake in its joint venture (JV) with the ...
Source: Reuters - Global Times | 2018/12/6 20:59:01

Sanya to open more international air routes in 2019

The coastal city of Sanya in south China's island province of Hainan plans to open 15 more international flights in 2019, the city government said Thursday.
Source: Xinhua | 2018/12/6 16:48:07