BUSINESS >> Industries

SOEs' profits surge 12.9% in 2018 despite challenges on domestic, external fronts

China's massive State-owned enterprises (SOEs) saw their profits jump 12.9 percent year-on-year to 3.39 trillion yuan ($498.58 billion) in 2018 and their debt dropping slightly, official figures showed Monday.
Source: Global Times | 2019/1/21 22:03:55

Cleaning up

A floor mopping robot works at a railway station in Harbin, Northeast China's Heilongjiang Province on Monday. The robot, which is more than 1 meter tall, can replace four or ...
Source: VCG | 2019/1/21 22:03:39

Shoppers' embrace of Spring Festival lifts gold sales

Sales of gold jewelry products are hitting a peak in China as the Spring Festival approaches, boosting domestic consumption.
Source: Global Times | 2019/1/21 20:28:40

Mobile payments go abroad

As Chinese people travel abroad more often, they increasingly use mobile payments for their overseas expenses, according to a report from Chinese online financial services provider Ant Financial on Monday.
Source: Global Times | 2019/1/21 20:18:39

Another 100 Chinese electric buses join Chilean fleet

A second batch of 100 Chinese-built electric buses joined the public transit fleet serving Chile's capital Santiago over the weekend.
Source: Xinhua | 2019/1/21 8:59:56

Thailand invites Chinese tourists to record-breaking sticky rice mango feast

Some 10,000 Chinese tourists have been invited to a feast in Thailand that has broken the Guinness World Record for the biggest sticky rice mango banquet ever, as a way ...
Source: Xinhua | 2019/1/21 8:55:28

Colombo Port City to serve as BRI template

As the China-invested Colombo Port City project has completed its land reclamation, a milestone in the progress of the project, Chinese analysts said on Sunday that it is set to ...
Source: Global Times | 2019/1/20 22:18:41

AI new impetus for China-Russia ties

Artificial intelligence (AI) has become a new area of China-Russia cooperation that will provide renewed impetus to bilateral trade and investment, analysts and industry experts said on Sunday.
Source: Global Times | 2019/1/20 19:53:39

Why Indian tractors sell better than Chinese ones in Africa?

According to the several market players the Global Times spoke with, India's advantages are in language proficiency, culture adaptation, as well as brand building.
Source: Global Times | 2019/1/20 17:55:09

China's state grain stockpiler sees record inventory cut

China's state grain stockpiler Sinograin said Saturday that it had made breakthrough in inventory reduction last year, with record high sales of 132.73 million metric tons.
Source: Xinhua | 2019/1/20 8:07:57

China's forestry output tops 7 trln yuan in 2018

China's forestry sector output reached 7.33 trillion yuan (about 1.1 trillion US dollars) in 2018, 2.88 percent up from than in 2017, according to the National Forestry and Grassland Administration. ...
Source: Xinhua | 2019/1/19 19:29:35

5G technology exhibition held in Hangzhou, east China's Zhejiang

An automatic aircraft based on 5G technology is displayed in a 5G technology exhibition in Hangzhou, east China's Zhejiang Province, Jan. 19, 2019. (Xinhua/Xu Yu)
Source: Xinhua | 2019/1/19 17:24:28

First direct freighter flight between Norway, China starts with seafood transport

A Slovakian air cargo company has started carrying Norwegian seafood to China in the first direct freighter flight between Norway and the Asian country, Norway's state-owned operator of civil airports ...
Source: Xinhua | 2019/1/19 16:07:23

China-Europe freight train services surge in 2018

China-Europe freight trains made 6,363 trips in 2018, surging 73 percent from 2017, according to the China Railway Corporation.
Source: Xinhua | 2019/1/19 15:40:17

New services, deals

More than 72,000 Chinese travelers arrived in South Africa last year, showing stable growth over the previous year, and the numbers from April to September last year increased by 8.6 ...
Source: Global Times | 2019/1/17 18:32:03

First joint venture witnesses development of China's air catering industry

Beijing Air Catering Co's development might reflect how backward China's air catering industry was.
Source: Global Times | 2019/1/17 18:28:31

VW, Ford team up on vans to collaborate on EVs, self-driving cars

Volkswagen and Ford Motor said on Tuesday they will join forces on commercial vans and pickups and are exploring joint development of electric and self-driving technology, actions meant to save ...
Source: Reuters - Global Times | 2019/1/17 18:03:41

Lower incentives for NEV have not dampened consumer appetite for green vehicles in China

China's new-energy vehicle (NEV) sector will continue to grow rapidly after subsidies are terminated at the end of 2020, Minister of Industry and Information Technology Miao Wei said during ...
Source: Global Times | 2019/1/17 18:03:40