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National political advisors upbeat on China economic growth

China's economy is generally developing healthily, the country's national political advisors said Monday.
Source: Xinhua | 2019/7/16 10:17:39

Let's grow

A technician operates drones on a farm in Wuhu, East China's Anhui Province on Monday. The drones spray pesticides on crops to ensure bumper harvests. China's summer grain output stood at 141.74 million tons in 2019, up 2.1 percent from last year, official data showed. Photo: VCG
Source: VCG | 2019/7/15 20:38:40

China's housing prices stabilize with slower growth rates in June: NBS

Property prices in China held stable in June with slower growth rates amid an ongoing crackdown on speculation in the real estate market, figures released by the National Bureau of Statistics (NBS) showed on Monday.
Source: Global Times | 2019/7/15 20:29:07

China makes headway in ultra-thin flexible chips, will help reshape future semiconductors

The Global Research Center for Flexible Electronics & Intelligent Technology, a research institute based in East China's Zhejiang Province, has released two types of flexible chips that are thinner than 25 microns, which is less than one-quarter of the diameter of a human hair.
Source: Global Times | 2019/7/15 20:03:40

Filmmakers, tech firms embrace CPC leadership to better resonate with society

Building-up of the Communist Party of China (CPC) has gradually taken a firm foothold in China's economic development over recent years, not only in the state-owned sector but also in the private sector.
Source: Global Times | 2019/7/15 19:03:39

China's output of over 100 light industry products ranks first worldwide

China's output of over 100 light industry products including bicycles, batteries and furniture ranks first in the world, according to a report from the National Bureau of Statistics.
Source: Xinhua | 2019/7/15 12:30:48

China's industrial output expands 6 pct in H1

China's value-added industrial output, an important economic indicator, expanded 6 percent year on year in the first half, official data showed Monday.
Source: Xinhua | 2019/7/15 11:11:19

China's property investment up 10.9 pct in H1

China's real estate investment increased 10.9 percent year on year in the first half of this year, the National Bureau of Statistics (NBS) said Monday.
Source: Xinhua | 2019/7/15 10:44:12

China's retail sales up 8.4 pct in H1

China's retail sales of consumer goods rose 8.4 percent year on year in the first half of 2019 to 19.52 trillion yuan (2.85 trillion US dollars), the National Bureau of Statistics (NBS) said Monday.
Source: Xinhua | 2019/7/15 10:39:19

China's home prices remain stable in June

Home prices in 70 major Chinese cities continued to stabilize with slower month-on-month price increases in June, official data showed Monday.
Source: Xinhua | 2019/7/15 10:34:54

China's GDP grows 6.3 pct in H1

China's GDP expanded 6.3 percent year on year in the first half of 2019 to about 45.09 trillion yuan (about 6.56 trillion US dollars), data from the National Bureau of Statistics (NBS) showed Monday.
Source: Xinhua | 2019/7/15 10:19:32

Stock analysts from Taiwan detained in Shanghai on suspicion of fraud: report

Twelve stock analysts from Taiwan, China, were detained in Shanghai on suspicion of fraud on Tuesday, with nine having been released on bail and three remaining in detention, Taiwan-based media reported on Saturday.
Source: Global Times | 2019/7/14 21:33:40

Working on the railroad

A worker welds steel bars at the construction site of the Xuzhou-Lianyungang High-speed Railway in Lianyungang, East China's Jiangsu Province on Sunday. The line is expected to be open to traffic by December next year. Photo:VCG
Source: VCG | 2019/7/14 19:58:40

ByteDance expands presence in Greater Bay Area to attract HK talent: report

Chinese technology giant ByteDance has reportedly decided to set up a new headquarters in Shenzhen, South China's Guangdong Province. Media reports noted that one of the major reasons behind the decision is to attract talent from the Hong Kong Special Administrative Region (HKSAR).
Source: Global Times | 2019/7/14 19:28:40

A shares to be one of the silver linings of global equity market

Other than US stocks, which will likely continue to show resilience, Chinese mainland stocks trading at attractive valuations are believed to be another silver lining of the unsteady global equity market.
Source: Global Times | 2019/7/14 19:23:41

Office demands cooling in Chinese big cities, as deleveraging, shift to e-commerce hit need for space

Office vacancy rates in Tier-1 cities rose in the second quarter and rents fell, reflecting a decline in demand, according to a report sent to the Global Times by commercial real estate service firm Jones Lang LaSalle (JLL) on Sunday.
Source: Global Times | 2019/7/14 18:53:40

Central bank-led development plan to increase regulation of fintech sector in China

The People's Bank of China (PBC), the nation's central bank, is drawing up a plan for the development of financial technology (fintech) focusing on fintech applications and industry management. The plan will be released soon, media reported on Saturday.
Source: Global Times | 2019/7/14 18:23:39

China's consumer market offers opportunities for int'l businesses: McKinsey

China's rapidly expanding consumer market offers a strong link between China and the world, as well as a huge opportunity for international businesses, said a report released by the McKinsey Global Institute.
Source: Xinhua-Global Times | 2019/7/14 16:23:39