BUSINESS >> Industries

Facial recognition identifies unlicensed drivers in Shanghai

It used to be a difficult task for Chinese traffic police to catch people driving without a valid license, but in Shanghai high-tech systems have proven to be efficient in ...
Source: Xinhua | 2017/12/6 17:01:58

Summit organizer did not charge attendees for taking photos with Obama

The host of the 3rd summit of global small and medium-sized enterprises (SMEs) has denied media reports that claimed it charged attendees for taking photos with guest speaker former US ...
Source: Global Times | 2017/12/6 15:33:39

Profits surge at private steel mills

Major private steel companies' profits soared in the first nine months of 2017, buoyed by capacity reductions and the exit of “zombie” producers. But experts said steel companies should continue ...
Source: Global Times | 2017/12/5 22:23:40

Housing 'stable' in 2018

The Chinese residential real estate market is expected to be stable, although a round of adjustments and further cooling is likely, according to a report by the Chinese Academy of ...
Source: Global Times - Agencies | 2017/12/5 22:18:39

US executives praise China's innovation

Executives from US-based technology giants praised China's technological innovation at the World Internet Conference (WIC) on Tuesday, adding that innovation has become a major driving force for the country's information ...
Source: Global Times | 2017/12/5 22:03:40

New railway to hit other services

The high-speed railway service between Xi'an, capital of Northwest China's Shaanxi Province, and Chengdu, capital of Southwest China's Sichuan Province, is scheduled to start operating on Wednesday, and that will ...
Source: Global Times | 2017/12/5 22:03:40

China to auction five oil, gas blocks in Xinjiang in reform drive to open up sector

China is putting out for auction five oil and gas blocks in Northwest China's Xinjiang Uyghur Autonomous Region to domestic investors, under the government's pledged reform to open up hydrocarbon ...
Source: Reuters-Global Times | 2017/12/5 21:53:39

Concerns over bike-sharing

The China Consumers Association (CCA) on Monday talked with seven bike-sharing companies including Mobike, ofo and Youon about problems related to deposits and maintenance.
Source: Global Times | 2017/12/5 21:33:39

Logistics index released

The China Federation of Logistics & Purchasing (CFLP) released China's delivery logistics index for the first time on Monday, with a figure of 112.1 percent for November, domestic news site ...
Source: Global Times | 2017/12/5 21:33:39

Survey shows consumers confident in Chinese products

A survey conducted by the China Youth Daily on Tuesday showed 84.1 percent of respondents were confident in the development of Chinese products.
Source: Xinhua | 2017/12/5 18:27:53

China's digital economy accounts for 30 pct of 2016 GDP: report

China's digital economy reached 22.58 trillion yuan (about 3.4 trillion US dollars) in 2016, ranking second globally and accounting for 30.3 percent of the national GDP, according to reports issued ...
Source: Xinhua | 2017/12/4 22:45:41

Xinjiang refinery

A 27 billion yuan integrated heavy oil and coal intensive processing project was recently launched in Northwest China's Xinjiang Uyghur Autonomous Region, the first in the region, the Xinhua News ...
Source: Xinhua-Global Times | 2017/12/4 21:38:41

NDRC urges local govts to avoid rise in gas prices

China's top economic planner recently urged local governments to stabilize natural gas prices throughout the winter, stating that market players should not maliciously raise prices.
Source: Global Times | 2017/12/4 21:38:39

Hellobike raises $350m in latest funding round

Shanghai-based bicycle-sharing company Hellobike said on Monday it raised $350 million in its latest funding round from investors including Alibaba Group Holding's Ant Financial, despite recent signs of strain in ...
Source: Reuters | 2017/12/4 21:33:40

Shorter IPO approval period

Approvals for IPOs in the Chinese mainland are being expedited and the number of IPO applications in the pipeline had been reduced significantly, a top official at the China Securities ...
Source: Global Times - Xinhua | 2017/12/4 21:33:40

China-Vietnam border record

The number of people who passed through the China-Vietnam border port of Dongxing in South China's Guangxi Zhuang Autonomous Region this year hit a record high of 9 million on ...
Source: Global Times - Xinhua | 2017/12/4 21:33:39

Highways go mobile

A total of 800 highways in East China's Jiangxi Province will adopt mobile payments at toll stations by the end of December, the Jiangxi Expressway Networking Management Center said Monday. ...
Source: Global Times - Xinhua | 2017/12/4 21:33:39

Private funds encouraged to invest in defense industry: State Council guideline

China will further open up the defense industry to private companies and encourage more private funds to invest in defense companies, under a new guideline released by the State Council, ...
Source: Global Times | 2017/12/4 21:28:40