BUSINESS >> Industries

China H1 industrial profits decline 2.4 percent y-o-y

Official data on Saturday showed that the profits of China's major industrial firms fell 2.4 percent year-on-year in the first half of 2019. There's a 3.3 percent drop in the ...
Source: Global Times | 2019/7/27 20:05:45

China's industrial profits shrink in H1

Profits of China's major industrial firms fell 2.4 percent year on year in the first half of 2019, data from the National Bureau of Statistics (NBS) showed Saturday.
Source: Xinhua | 2019/7/27 15:53:09

China uses 14 pct more renewable energy in H1

China's renewable energy generation rose 14 percent in the first half of the year from the same period last year to 887.9 billion kilowatt-hours, according to the National Energy Administration. ...
Source: Xinhua | 2019/7/27 10:20:12

Apple to buy Intel's smartphone modem unit for enhanced 5G development

Apple Inc. said Thursday it will pay 1 billion US dollars to buy the "majority" of Intel Corporation's smartphone modem unit to help it produce its own in-house 5G modem ...
Source: Xinhua | 2019/7/26 13:37:54

Less is more in China's volatile housing sector

China's drive to curb property prices and lower the sector's potential risks have led more than 270 highly indebted developers to go bankrupt.
Source: Global Times | 2019/7/25 20:53:40

Big Tech faces broad US Justice Department anti-trust probe

The US Justice Department said on Tuesday that it was opening a broad investigation of major digital technology firms into whether they engage in anticompetitive practices, the strongest sign that ...
Source: Global Times - Reuters | 2019/7/25 19:58:40

Bearing brunt of trade war, Singapore firms reduce jobs

Caught between a China-US trade war and slowing consumer demand, chipmakers in Singapore have started slowing production and laying off hundreds of jobs, firms told Reuters.
Source: Global Times - Reuters | 2019/7/25 19:58:40

Booming labor-based industries drive growth in Xinjiang's Hotan

While labor-intensive industries in southern China see demographic dividend diminishing due to rising labor and land costs, business representatives from sectors such as shoemaking and textiles see production shifting toward ...
Source: Global Times | 2019/7/25 12:30:50

Beijing subway experimenting with facial recognition for fare payment

The Beijing subway system is experimenting with facial recognition for passengers to pay their fares, and the technology might be applied to the entire system once the database is accurate ...
Source: Global Times | 2019/7/24 21:07:32

Improved efficiency

A robot examines substations in Lai'an County, East China's Anhui Province on Tuesday. These robots can monitor facilities during heat waves on a 24-hour basis.
Source: Global Times | 2019/7/24 20:48:40

China, Germany to embrace broad cooperation in autonomous driving in 5G era: executive

German transportation solution provider Siemens Mobility looks forward to the rapid development of China's autonomous driving industry under a 5G network and there will be large industrial cooperation potential between ...
Source: Global Times | 2019/7/23 22:07:38

New chapter

Robots collect and deliver books at the Bao'an library in Shenzhen, South China's Guangdong Province on Monday. Efficiency has been highly improved since the library introduced an automatic book delivery ...
Source: Global Times | 2019/7/23 20:05:06

Rare-earth exports down 27% in June, may affect US manufacturing

China exported 3,966 tons of rare earths in June, down 26.8 percent year-on-year, according to data released by General Administration of Customs (GAC) on Tuesday. Analysts said the reduced exports ...
Source: Global Times | 2019/7/23 20:04:58

5G smartphones start hitting shelves

Chinese telecom giant ZTE on Tuesday announced pre-sales of its Axon 10 Pro 5G smartphone, priced at 4,999 yuan ($726), making it the first 5G handset to officially hit stores ...
Source: Global Times | 2019/7/23 19:43:40

AI to accelerate with global perspective

China is set to accelerate the development of artificial intelligence (AI) with a global and forward-thinking perspective, a domestic technology industry leader said.
Source: Global Times | 2019/7/22 20:41:28

Better City

A floating vehicle that is expected to be seen in future smart cities is showcased at an innovation event held in Hangzhou, East China's Zhejiang Province, over the weekend. The ...
Source: Global Times | 2019/7/22 20:38:40

CAC enacts security assessment method to guarantee safe use of cloud computing service

China published a security assessment method for cloud computing services on Monday, which will help reduce network security risks pertaining to buying a cloud computing service, experts say.
Source: Global Times | 2019/7/22 20:36:36

Foreign supermarkets lose luster in China

Foreign supermarkets, which display shelves of consumer goods over tens of thousands of square meters, have been regarded as game changers in the retail business for the last 20 years. ...
Source: Global Times | 2019/7/22 16:03:58