BUSINESS >> Industries

Groceries to be next frontier for retail industry in China: report

Food retail, which is highly fragmented both online and offline in China, will be the next frontier for e-commerce in China, according to a report newly released by Bloomberg Intelligence.
Source: Xinhua | 2018/12/1 8:44:35

China approves new lithography machine for chip production

China has approved a high-resolution lithography machine that can produce chips as small as 22 nanometers, according to its developer.
Source: Xinhua | 2018/11/30 15:15:42

US threats of auto tariff rise just a tactic to keep pressure on China ahead of G20 summit: analysts

China on Thursday reacted to recent threats from top US officials about imposing tariffs on cars imported from China, calling such threats a tactic ahead of the meeting between the ...
Source: Global Times | 2018/11/29 23:18:40

More investment in cultural firms

The Ministry of Finance said on Wednesday that it has channeled some 1.5 billion yuan ($217 million) to the country's centrally administered cultural enterprises this year.
Source: Xinhua-Global Times | 2018/11/29 20:58:42

Zambia won't cut oil prices despite price drop on international market

The Zambian government on Wednesday said it won't reduce the domestic prices of oil products despite oil prices dropping on the international market.
Source: Xinhua | 2018/11/29 16:19:12

China to tighten supervision of foreign banks to control risk

China is set to strengthen supervision of foreign banks operating in the country to contain potential risks, as more foreign banks are poised to move in the Chinese market following ...
Source: Global Times | 2018/11/28 22:53:01

Shanghai, Baidu team up on AI

Shanghai municipal government and Chinese tech giant Baidu signed a strategic cooperation agreement Tuesday to develop the artificial intelligence (AI) industry in the city.
Source: Xinhua-Global Times | 2018/11/28 19:33:44

Emerging local consumer brands reshape Chinese retail landscape: report

Emerging local brands have rapidly gained market share in China over the past three years, underscoring the evolution of the country's booming retail sector, according to industry observers.
Source: Xinhua-Global Times | 2018/11/28 19:33:42

China to end import tax exemption for advanced 2nd-generation nuclear reactors

China will cancel import tax exemptions for advanced second-generation nuclear reactors from January 1, 2019, a move an analyst said shows the domestic industry is upgrading to advanced, safer and ...
Source: Global Times | 2018/11/28 19:33:41

Once-hot car market sputters in China's smaller cities

When Cao Jun, 40, an engineer from Pingdingshan, Central China's Henan Province, takes his old gray MG 3 car to be serviced, he always takes the time to pop into ...
Source: Reuters - Global Times | 2018/11/28 17:38:40

China launches online trademark-service system

China launched an online trademark-service system, according to the State Intellectual Property Office (SIPO) Tuesday.
Source: Xinhua | 2018/11/28 2:10:01

Russia's crude oil exports to China set to reach new highs amid US unilateral actions

Russia's energy sector has emerged as a beneficiary of a series of unilateral actions by the US, with its crude oil exports to the Chinese market skyrocketing and liquefied natural ...
Source: Global Times | 2018/11/26 22:28:39

'Specialty towns' put on notice

Top Chinese ministries have been told to improve the quality of the hundreds of so-called "specialty towns" that have sprung up in the past two years while guarding against reckless ...
Source: Agencies-Global Times | 2018/11/26 19:13:40

Profits up in petro-chem sector

China's petroleum and chemical industry has generated some 712.1 billion yuan ($102.56 billion) in total profits over the first nine months, up 45.2 percent year-on-year, official data shows.
Source: Agencies-Global Times | 2018/11/26 19:13:39

China's carbon trading scheme to see gradual phase-in

China still needs to do a lot of work before it can fully launch its long-awaited nationwide carbon emissions trading scheme and will gradually phase in the system that is ...
Source: Reuters-Global Times | 2018/11/26 19:08:40

China's petroleum and chemical industry report higher profits

China's petroleum and chemical industry has generated some 712.1 billion yuan in total profit over the first nine months, up 45.2 percent from the same period of last year, official ...
Source: Xinhua | 2018/11/26 10:42:33

China's Christmas ornaments exports to the US not impacted by trade war

Christmas decoration manufacturers and exporters clustered around eastern and southern China have so far remained unaffected by the China-US trade war. An analyst noted that China's Christmas ornament suppliers are ...
Source: Global Times | 2018/11/25 21:08:39

Passenger vehicle sales decline

Sales of passenger vehicles in China stood at 2.05 million units in October, down 0.66 percent from September, a decline of 12.99 percent from the same month last year, industry ...
Source: Xinhua-Global Times | 2018/11/25 19:33:41