BUSINESS >> Industries

China's 5G to begin in 2019, 10,000 base stations expected by 2020

The commercial deployment of 5G technology in China will come of age in 2019 with the first batch of 5G commercial data terminals and smartphones launched in the first half ...
Source: Global Times | 2019/1/9 14:50:39

Tourism set to drive Chinese economy: report

Amid the domestic downward economic pressure, China's tourism industry has entered a key phase of transformation and adjustment especially in the new round of reform and opening-up, said an industry ...
Source: Global Times | 2019/1/9 14:38:39

NDRC downplays impacts from shrinking Turkmenistan gas supply, vows crackdown on price gouging

A statement regarding the natural gas supply shortage from Turkmenistan will likely drive up natural gas prices amounts to “hype,” an official with the National Development and Reform Commission (NDRC) ...
Source: Global Times | 2019/1/9 12:00:44

China Minmetals posts record revenue, profit in 2018

China Minmetals Corporation (CMC), the country's largest metals and minerals group, recorded its best ever revenue and profit last year.
Source: Xinhua | 2019/1/9 7:24:28

Chinese tourists travel more; spend more in 2018

Despite a much-discussed economic slowdown in China, domestic tourists did not cut back on their trips overseas in 2018.
Source: Global Times | 2019/1/8 23:54:40

New video format generates huge profits for influential vloggers, equipment makers and platforms

Vlog, or video blog, has become a new trend among Chinese online celebrities recently, with many of them trying out the form of sharing daily lives to be more attached ...
Source: Global Times | 2019/1/8 19:13:40

Chinese companies raise 8 bln USD through China-Singapore program

Chinese firms have raised around 8.5 billion US dollars in cross-border financing deals through a China-Singapore inter-government program over the past three years.
Source: Xinhua | 2019/1/8 15:01:59

Chinese gaming firms focus on quality, regulatory approval

The number of approvals for games releases in China is limited, so competition among Chinese game companies or with foreign game companies is not only about quality but also about ...
Source: Global Times | 2019/1/7 22:02:12

Chinese apps lead in Indian market via innovation

Although India is known globally for the outsourcing of software services, the sector in China is becoming more competitive through innovation, as can be seen in Chinese dominance of the ...
Source: Global Times | 2019/1/7 20:43:40

Global manufacturing activity expands at slower pace

The world's manufacturing sector expanded at a slower pace in December, according to an index published by the China Federation of Logistics and Purchasing.
Source: Xinhua | 2019/1/7 20:06:58

China's power generation, consumption growth to notch 7-year highs in 2018

Growth of China's power generation and consumption, important indicators of economic performance, are expected to hit seven-year highs in 2018, the Economic Information Daily reported Monday.
Source: Xinhua | 2019/1/7 17:10:44

Tibet's remote prefecture makes 1 bln yuan from tourism

Ngari Prefecture in southwest China's Tibet Autonomous Region saw its tourist income reach 1.042 billion yuan (152 million U. S. dollars) in 2018.
Source: Xinhua | 2019/1/7 17:08:21

Yangtze River transports record cargo volume in 2018

China's longest river saw a record-high volume of cargo transport in 2018 as waterway construction in the region picked up steam.
Source: Xinhua | 2019/1/7 16:58:28

'Every batch' of rare earth exports faces oversight: ministry

China will step up its supervision on the rare-earth sector, as it vows to impose severe penalties on those illegally mine, produce or export rare-earth materials and fully realize the ...
Source: Global Times | 2019/1/6 21:42:31

China's commercial space sector poised for takeoff, but investors remain concerned over commercialization

China's private space sector raised plenty of money last year despite the chilly investment climate, thanks to national support for the industry and a changing environment.
Source: Global Times | 2019/1/6 21:38:39

Chinese cities see slower home price growth in 2018

Home prices in Chinese cities increased at a slower pace in 2018 and are expected to remain stable, according to the China Index Academy, a property research institution.
Source: Xinhua | 2019/1/5 17:32:48

Chinese hubs recognized as world's most punctual, largest

Two Chinese mainland airports made the 2018 Top 20 most punctual large-sized hubs in the world, according to VariFlight, a Chinese flight information provider on Thursday.
Source: Global Times | 2019/1/4 1:08:03

China releases draft rules to prohibit monopolistic agreement, price fixing

Companies that reach monopoly agreements in the Chinese market will face penalties of up to 10 percent of their revenue in the previous year, according to a draft regulation released ...
Source: Global Times | 2019/1/3 23:28:39