BUSINESS >> Industries

China's first 5G police station unveiled in Shenzhen

China's first 5G police station, featuring cutting-edge technology such as augmented reality (AR) glasses and patrol drones, has been unveiled in Bao'an district in Shenzhen, South China's Guangdong Province. It's ...
Source: Global Times | 2019/4/29 19:08:40

Police freeze $497m, seize property of P2P firm Tuandai

Progress has been made in the illegal financing case of peer-to-peer (P2P) online lending platform tuandai.com, based in Dongguan, South China's Guangdong Province, as local police have frozen 3,213 related ...
Source: Global Times | 2019/4/29 19:03:40

Zero-casualty vision

Traffic accidents pose a great threat to the lives and safety of people worldwide. An estimated 1.35 million individuals die every year in road traffic accidents, and road traffic injuries ...
Source: Global Times | 2019/4/29 17:33:41

ADB finances largest combined-cycle power plant in Indonesia

The Asian Development Bank (ADB) announced on Monday that the first drawdown of funds under a private sector financing package totaling more than 305 million U.S. dollars invested in Jawa-1, ...
Source: Xinhua | 2019/4/29 15:42:37

Inclusive finance service benefits small enterprises

China Construction Bank's branch in Ningxia Hui Autonomous Region has rolled out a new inclusive finance service to give loans to small enterprises if they pay their electricity bills on ...
Source: Xinhua | 2019/4/29 15:35:35

New generation of migrant workers

As China's previous generation of migrant workers approaches retirement age, a new and younger generation aspires to move beyond the traditional factory or construction floor to more ambitious careers.
Source: Global Times | 2019/4/28 17:33:39

Chinese car hailing company demands compensation from Tesla in Times Square, NYC

Shenma Zhuanche, an online car hailing platform based in Chengdu in Southwest China's Sichuan Province, is seeking compensation from Tesla over defective vehicles, and the company has made its demands ...
Source: Global Times | 2019/4/28 15:18:39

Rusagro has 'perfect timing' as it expands China presence by building pig farms

Russia's leading agricultural company Rusagro will invest $5 billion to build a large-scale pig breeding and feed processing project in Qingdao in East China's Shandong Province, showing its ambition to ...
Source: Global Times | 2019/4/28 13:58:39

China's March industrial profits rebound amid growing economy

China's March industrial profits grew by 13.9 percent from a year earlier, which were mainly a result of tax cuts and stimulus policies from the central government. The increase indicates ...
Source: Global Times | 2019/4/27 23:49:26

China's shipbuilding capacity utilization retreats in Q1

China's shipbuilding capacity utilization retreated in the first quarter of 2019 due to a sluggish global market, data from China Association of the National Shipbuilding Industry (CANSI) showed.
Source: Xinhua | 2019/4/27 23:01:33

Apple speeds up construction of first China data center

The construction of Apple Inc's first China data center has picked up speed in southwest China's Guizhou Province.
Source: Xinhua | 2019/4/26 21:05:04

Foxconn to launch manufacturing base for smart wearables in Chengdu

Foxconn Technology Group, the world's largest electronics contractor, plans to build a manufacturing base for smart wearables in Chengdu, the capital of southwest China's Sichuan Province.
Source: Xinhua | 2019/4/26 20:34:21

China's Internet copyright industry posts 16.6 pct growth

China's Internet copyright industry grew 16.6 percent year on year to reach 742.3 billion yuan (110.2 billion US dollars) in 2018, according to a report released Friday.
Source: Xinhua | 2019/4/26 20:11:36

Direct current project to bolster clean energy requirements in Greater Bay Area: paper

Work on China Southern Power Grid's 24.25 billion yuan (3.59 billion US dollars) Wudongde direct current project, the world's first multi-end flexible ultrahigh voltage direct current power transmission (UHVDC) project, ...
Source: Xinhua | 2019/4/26 15:58:01

Israeli chip firms help sector's rise in China

China will remain a promising market for Israeli chipset makers for the foreseeable future, and the world-leading advantage of Israel in high technology and innovation will help promote China's development ...
Source: Global Times | 2019/4/25 20:23:40

CFLD business expanding fast, signals confidence in domestic market

According to the 2018 Annual Report issued by China Fortune Land Development (CFLD, 600340.SH) on April 19, CFLD achieved business income of 83.8 billion yuan ($12.4 billion) in 2018, a ...
Source: Global Times | 2019/4/25 17:13:41

No conclusion while investigation into fire still goes on: Tesla

Tesla's Chinese Weibo account revealing the progress of a Model S self-ignition in a Shanghai neighborhood was besieged by complaints and mocking from Chinese web users and customers.
Source: Global Times | 2019/4/24 22:13:40

China's BRI aids dredging companies abroad

Chinese companies' dredging projects in overseas markets via the Belt and Road Initiative (BRI) are warmly welcomed locally for their cost advantage and engineering quality, which provide a good balance ...
Source: Global Times | 2019/4/24 21:38:40