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American Airlines launches nonstop daily service from Beijing to LA

American Airlines (AA), the world's largest carrier by fleet size, commenced its nonstop daily passenger service between Beijing and Los Angeles on Monday, the first US airline to offer such service between the two countries.
Source: Global Times | 2017/11/9 16:23:40

Local authorities work to alleviate poverty in Muslim community, align religion with socialist values

In some Chinese regions where ethnic minority groups reside, fighting poverty is a big challenge. Some experts suggested that an overwhelming sense of religious practice might hinder local economic growth and that some communities should become more modernized and live in line with the country's socialist values. A Global Times reporter recently traveled to Linxia Hui Autonomous Prefecture in Northwest China's Gansu Province to find out more.
Source: Global Times | 2017/11/8 18:43:39

As Singles' Day approaches, China commits to an eco-friendly courier sector

While online marketplaces in China are busy preparing for an upcoming shopping bonanza with promises of faster delivery to woo buyers, the government has started working on addressing the “aftermath” of online sales – hundreds of millions of tons of packaging waste generated across the country each year.
Source: Xinhua-Global Times | 2017/11/7 17:23:39

China's burgeoning biotech industry pioneers discovered-in-China medicines as regulatory reforms drive drug innovation

Investors are betting on China's potential to feed the global pharmaceutical pipeline, putting a multibillion-dollar price tag on a handful of stocks, even as the country struggles to close a huge R&D gap with the West.
Source: Reuters-Global Times | 2017/11/6 16:58:40

In the wake of Cellon's controversial report, experts look into Jiangxi's business environment

An investigation report which blames the local government in Gongqingcheng, East China's Jiangxi Province, of directly causing communication services provider Cellon to fall has gone viral. In the wake of the report, an increasing number of investors ponder whether Jiangxi is a good destination to invest. The Global Times recently spoke with businessmen and experts to figure out what Jiangxi's investment environment is currently like in terms of governance, policy consistency and government supportive measures.
Source: Global Times | 2017/11/5 17:43:39

E-commerce excellence: foreign airlines team with e-travel firms to connect Chinese tourists with world

Collaboration with e-commerce companies has become a big trend in the aviation industry recently as more airlines announce cooperation deals with e-travel sites.
Source: Global Times | 2017/11/2 18:33:39

Shared medical mall emerges

The country's first so-called medical mall, the latest edition to the red-hot sharing economy, recently opened in Hangzhou, capital of East China's Zhejiang Province, Beijing-based Economic Information Daily (EID) reported on October 24.
Source: Global Times | 2017/11/1 18:33:39

As China's home prices cool, some property companies seek to reduce risks

As the froth comes off China's home prices, there are increasing signs that some property developers, particularly those with a heavy debt load, are becoming less aggressive.
Source: Reuters-Global Times | 2017/10/31 16:33:39

A Nordic Nightmare

Is Finland a good place for investment? For Chinese businessman Wang Jiazhu, the answer to that question cost him 6 million euros ($6.96 million), or all his investment in Finland. His investment project, the China Center, based in Kouvola, Finland, was shut down after a massive raid by Finnish police in 2009 on search of illegal immigrants. The Global Times recently spoke with Wang, his lawyer and witnesses involved in the case to search for updates, to figure out the full details of the case and to gauge whether there is a future for Chinese investment in Finland.
Source: Global Times | 2017/10/30 18:03:39

Double 11's global presence

November 11, or dubbed as “Double 11,” China's largest shopping festival, is just two weeks away, and both Chinese and foreign merchants on Chinese e-commerce platforms such as JD.com and Alibaba are now busy preparing for it. For them, however, it is not only a shopping event, but also an opportunity to expand the Chinese e-commerce ecosystem to the overseas market. While global awareness of the Double 11 festival has been rising in recent years, merchants face challenges in serving more people around the world.
Source: Global Times | 2017/10/29 17:23:39

Rise of the second-tier city

In less than a week, Hainan Airlines, China's fourth largest carrier in terms of fleet size, is due to officially launch two international flights to North America, the latest example of its efforts to expand operations from second-tier cities to the continent.
Source: Global Times | 2017/10/26 18:08:39

Cash loan controversy

Chinese people are becoming more and more willing to spend. But if they don't have money, they borrow. This ever-growing phenomenon has recently thrown cash loans, also known as fast loans, right under the public spotlight.
Source: Global Times | 2017/10/25 20:13:39

China benefits from culture sector reform

China's culture industry has been developing rapidly over the last five years, especially due to its integration efforts with other sectors, enabling it to become a key mechanism in driving the country's economic growth, experts said.
Source: Global Times | 2017/10/24 17:18:39

New age of recycling

After years of dismantling discarded televisions and laptops, a Shanghai recycling plant is readying itself for a new wave of waste - piles of exhausted batteries from the surge of electric vehicles hitting China's roads.
Source: Reuters-Global Times | 2017/10/23 17:53:40

The port integration period

China has been steadily promoting port integration over recent years by bringing the country's main ports into the arms of one provincial-level platform as a way to demonstrate the effectiveness of combining port resources.
Source: Global Times | 2017/10/22 18:58:40

China's aviation milestone

When reviewing China's achievements over the past five years during the opening session of the 19th National Congress of the Communist Party of China (CPC) on Wednesday, Xi Jinping, general secretary of the CPC Central Committee, pointed out that a nationwide innovation-driven strategy has allowed the country to witness a series of scientific and technological breakthroughs.
Source: Global Times | 2017/10/19 17:23:39

International talent magnet

More and more international talents are coming to China to find opportunities in the finance industry or to start their own businesses. The Global Times asked several expatriates working in the finance and business field why they think China is such a promising country for professionals like them. Particularly, they cited that China holds an open attitude to foreigners, has strong capital market growth and boasts convenient financial services. Meanwhile, domestic cities are aiming to develop financial sectors to attract even more talents from abroad.
Source: Global Times | 2017/10/18 17:33:39

Gas truck boom

On a recent morning in Yutian, a dusty town in Tangshan city, North China's Hebei Province, bisected by the highway that connects Beijing to the sea, Su Meiquan strolled into a dealership packed with hulking trucks and prepared to drive off with a brand new rig.
Source: Reuters-Global Times | 2017/10/17 17:08:39