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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

Trash to cash

Trash separation is the talk of the town in China these days after the government unveiled a list of 46 pilot cities in which to establish a garbage sorting and processing system by 2020.
Source: Xinhua-Global Times | 2019/7/14 16:18:39

12 stock analysts from Taiwan arrested in Shanghai

Twelve stock market analysts from China's island of Taiwan were detained in Shanghai on suspicion of fraud on Tuesday, nine of whom have been released on bail, and three remain in detention, Taiwan-based media reported on Saturday.
Source: Global Times | 2019/7/14 15:13:34

China's bank profits to hold steady in 2019: report

Profits of China's banking sector are expected to maintain steady this year, with faster growth in asset scale and ample liquidity, according to an industry report.
Source: Xinhua | 2019/7/14 13:50:51

AIIB expands membership to 100 in three years

The three-year-old Asian Infrastructure Investment Bank (AIIB) on Saturday further expanded its membership to 100 with the approval of the African newcomers of Benin, Djibouti and Rwanda.
Source: Xinhua | 2019/7/14 12:55:05

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 McKinsey Global Institute.
Source: Xinhua | 2019/7/14 8:27:38

Fortune China unveils top 500 Chinese companies

Fortune China released the list of China's top 500 public companies, noting a record high operating revenue.
Source: Xinhua | 2019/7/13 16:30:17

Discipline watchdog warns IPO officials

An inspection team of the Party's Central Commission for Discipline Inspection (CCDI) to the China Securities Regulatory Commission (CSRC) recently warned officials responsible for IPO work of problems in the approval process of share listing.
Source: Global Times | 2019/7/12 21:03:55

On track

A passenger takes a photo with a high-speed rail ticket from Chongqing to Hong Kong at the Chongqing West Railway Station on Thursday. The high-speed train service between Chongqing West Station in Southwest China and Hong Kong West Kowloon Railway Station officially launched on Thursday.
Source: VCG | 2019/7/11 20:33:40

China approves new insurance firm to replace defunct Anbang

China's insurance regulator on Thursday approved the establishment of a new company called Dajia Insurance Group, which will take over the assets of Anbang, a giant conglomerate that has been under state control for over a year.
Source: Global Times | 2019/7/11 20:23:41

China's industrial robot sales slip in 2018, but growth remains potential huge

Total sales of industrial robots in China fell for the first time in 2018, according to data from the China Robot Industry Alliance (CRIA), a decline that insiders attributed partly due to downward pressure on the domestic economy.
Source: Global Times | 2019/7/11 19:53:40