BUSINESS >> Industries

Shenzhen asks P2P suspects to give up

Police in South China's Guangdong Province urged suspects of online peer-to-peer (P2P) platforms who have fled China to surrender, after the founder of a Shenzhen-based P2P lender returned to China ...
Source: Global Times | 2018/8/24 20:23:40

China to tighten bank controls in face of high leverage ratios and trade row with the US

Chinese regulators will deploy strengthened regulation and strict controls to fend off serious risks in the Chinese banking sector, given the already-high leverage ratio and challenging global environment, officials and ...
Source: Global Times | 2018/8/23 22:13:40

CBIRC urges AMC to tackle P2P issue

China Great Wall Asset Management, one of China's four State-owned asset management companies (AMCs), has become the first to set up a working group aimed at resolving risks in the ...
Source: Reuters-Global Times | 2018/8/23 20:33:42

Nation eyes $16b in aviation projects

China said on Thursday it would encourage private investment in 28 airports, drone and maintenance projects worth a total of 110 billion yuan ($16 billion), as part of its efforts ...
Source: Reuters-Global Times | 2018/8/23 20:33:41

Corn futures rally as Beijing signals policy support for ethanol plans in bold move

China's corn futures were on track for their biggest one-day jump since May on Thursday, after the central government said it would promote the use of ethanol in vehicles, its ...
Source: Reuters-Global Times | 2018/8/23 20:28:40

China revises regulations on foreign investment in banking sector

China's banking regulator on Thursday decided to cancel and revise certain regulations on foreign investment in the banking sector in a latest effort to push forward financial opening up.
Source: Xinhua | 2018/8/23 19:40:56

Toyota eyes Tianjin as base for raising sales

Toyota Motor Corp is likely to make 120,000 more cars a year in the port city of North China's Tianjin as part of a medium-term strategy that's gathering pace as ...
Source: Reuters-Global Times | 2018/8/23 18:12:17

Airbus weighs new long-range A321

Airbus is considering adding extra endurance to the longest-range version of its A321 passenger jet in a further effort to preempt a potential new mid-market jet being studied by US ...
Source: Reuters-Global Times | 2018/8/23 18:08:39

Hebei plans to cut truck pollution

North China's smog-prone Hebei Province is aiming to slash road freight in favor of rail and river transport over the next two-and-a-half years to improve air quality, officials said on ...
Source: Reuters-Global Times | 2018/8/22 19:53:40

Pig cull tops 20,000 as swine fever hits farmers

China's pig cull topped 20,000 animals on Wednesday as officials try to halt an outbreak of deadly African swine fever (ASF) in the world's largest pig market, already reeling from ...
Source: Reuters-Global Times | 2018/8/22 19:48:40

Steel industry stabilizes in 2018, but more challenges ahead in Q4: industry leader

China's steel sector has stabilized in 2018, but a new round of oversupply as well as malicious competition should be prevented in the domestic market, an industry leader said on ...
Source: Global Times | 2018/8/22 19:43:04

China, Malaysia will cooperate further despite temporary disagreements: FM

It is unavoidable that issues will surface in the process of cooperation between China and Malaysia, and the two countries can solve such problems through negotiation, China's Ministry of Foreign ...
Source: Global Times | 2018/8/21 23:13:41

China prohibits support policies for illegal steel capacity

Chinese authorities on Tuesday released a set of rules regulating government policies for the steel industry, prohibiting any support for illegal capacity in the sector.
Source: Xinhua | 2018/8/21 19:44:55

Quality Chinese wheat to replace US imports

Chinese agricultural firms are in the process of promoting the cultivation of high-quality wheat to be used for brewing and bread-making, which currently accounts for 5 percent of the nation's ...
Source: Global Times | 2018/8/21 19:28:40

Five biggest State banks to post modest profit

China's five biggest listed State-owned lenders are expected to post modestly higher profits and steady margins for the first six months of the year, as government efforts to boost spending ...
Source: Reuters-Global Times | 2018/8/21 19:23:41

Soybean meal substitute imports supplement China's animal feed supply: experts

The expansion of soybean meal substitute imports will be an effective supplement to China's animal feed supply, experts observed.
Source: Xinhua | 2018/8/21 10:43:41

Chinese realty agencies vow to maintain rents, release more units amid soaring urban rents

Real estate rental agencies, including Homelink and, publicly committed to refrain from raising rents and to release more housing, but industry insiders said that the government should find more ...
Source: Global Times | 2018/8/20 22:38:39

Beneficiary of speedy drug approvals

Roche's Alecensa lung cancer medicine became the latest beneficiary of China's efforts to speed up approvals in the world's second-biggest drug market, which is gaining importance in global pharmaceuticals companies' ...
Source: Agencies-Global Times | 2018/8/20 19:38:39