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China Shipbuilding Industry Corp., State Power Investment Corp. strike strategic cooperation deal

The China Shipbuilding Industry Corporation (CSIC) and the State Power Investment Corporation (SPIC) have signed a strategic cooperation deal, said the state assets supervising authority.
Source: Xinhua | 2019/3/11 15:16:40

China has 330 mln online car-hailing service users

The number of internet car-hailing service users in China reached 330 million as of December 2018, up 15.1 percent year-on-year, according to a statistical report on internet development.
Source: Xinhua | 2019/3/11 8:59:35

Chinese insurers record double-digit premium income growth

Chinese insurers saw their combined premium income grow at a double-digit rate in January, latest official data showed.
Source: Xinhua | 2019/3/10 15:46:20

Palace Museum, Bank of China to work together on cultural development

The Palace Museum will work with the Bank of China (BOC) to promote Chinese culture, according to a strategic cooperation agreement between the museum and the bank.
Source: Xinhua | 2019/3/10 10:08:12

Chinese SOEs' BRI projects faring well: official

Projects undertaken by China's state-owned enterprises (SOEs) under the Belt and Road Initiative (BRI) have been faring well and are playing increasingly important roles, the country's top SOEs regulator said Saturday.
Source: Xinhua | 2019/3/10 9:59:47

Chinese women make about 80% of average male salary in 2018, report says

Women made less than 80 percent of the average male salary in 2018, according to a report released on Wednesday by the Chinese recruiting platform
Source: Global Times | 2019/3/7 18:20:59

Cathay in talks to acquire budget airline HK Express

Hong Kong flagship carrier Cathay Pacific Airways said on Tuesday it is in “active discussions” about an acquisition involving budget airline Hong Kong Express Airways, although an agreement has yet to be reached.
Source: Reuters-Global Times | 2019/3/7 17:43:40

A-share investor sentiment stays bullish despite Huawei's face-off against US govt

Positive sentiment seems to have permeated almost every corner of the Chinese mainland stock market which saw trading volumes hit 1.1 trillion yuan ($163.92 billion) on Thursday, shrugging off concerns over Huawei's face-off against the US government.
Source: Global Times | 2019/3/7 16:01:01

Interview: Largest US tonnage port expects closer US-China cooperation

Stable US-China trade ties are vital to the US port industry as China is a key trading partner of the United States, said a senior port official.
Source: Xinhua | 2019/3/7 14:42:45

China among most important markets for Moldova's wine in 2018

China became the second largest market for Moldova's wine export in 2018, accounting for some 17 percent of the latter's total export, according to data released Wednesday at the National Viniculture Conference in Chisinau, capital of Moldova.
Source: Xinhua | 2019/3/7 8:20:23

On track to 5G era

A visitor tries out 5G services at an experience center in Suzhou, East China's Jiangsu Province on Tuesday. The center, at the Dongfangzhimen station of Suzhou Rail's line 1, is the first in the province to offer wireless networking based on China Mobile (Suzhou)'s 5G service. Suzhou plans to launch commercial 5G services by the end of this year. Photo: VCG
Source: VCG | 2019/3/6 23:03:40

Securities, high-tech shares rise after release of Government Work Report in China

High-technology companies, including sectors like intelligent computing and the Industrial Internet of Things, as well as securities shares soared on Wednesday after the contents of the 2019 Government Work Report sent positive signals to the market.
Source: Global Times | 2019/3/6 22:28:40

Canadian canola pest leads to China's cancellation of imports: FM

China has canceled a Canadian farming company's registration to ship canola to China after Chinese customs detected “dangerous pests” several times on imported Canada canola, Chinese Foreign Ministry spokesperson Lu Kang said on Wednesday.
Source: Global Times | 2019/3/6 22:18:40

Foreign ownership limit likely to be relaxed on Chinese A shares: analysts

The 30-percent upper limit for foreign ownership of A-share listed companies is likely to be relaxed by Chinese market regulators, if there are more cases where ownership nears the limit, analysts said.
Source: Global Times | 2019/3/6 22:13:40

Third batch of major foreign investment projects in China due this year

China will further shorten the negative list for foreign investment, reducing the number of sectors where foreign investment is restricted. The country will also launch the third batch of major foreign investment projects this year as part of its consistent attempt to open up the economy, a senior official of the country's top economic planner said on Wednesday.
Source: Global Times | 2019/3/6 19:58:40

Europe's market open to all players who fulfill rules: senior EU official

The European market is an open and rules-based market to all players who fulfill EU rules, European Commission Vice-President Andrus Ansip said here on Monday while meeting with Ken Hu, a senior Huawei executive.
Source: Xinhua | 2019/3/6 12:24:17

Interview: US second busiest port expects to enhance trade links with China

The Port of Long Beach, the second busiest port in the United States, expects positive progress from the US-China trade talks, and hopes to further enhance trade links with China, said port executive director Mario Cordero.
Source: Xinhua | 2019/3/6 8:38:16