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China urges US to stop cracking down on Chinese enterprises by abusing its power

China urges the US to stop its unreasonable crackdown on Chinese companies, said spokesperson of the Ministry of Commerce (MOFCOM) on Monday, responding to a recent US ban on 31 Chinese companies.
Source: Global Times | 2020/11/16 11:33:40

China creates 10.09 million urban jobs Jan to Oct, meeting 9-million annual target ahead of schedule

China created 10.09 million urban jobs between January and October, a Chinese official said on Monday, describing the country's job market as "stable."
Source: Global Times | 2020/11/16 11:31:48

China's Q4 economic growth will be faster than in Q3: National Bureau of Statistics

China's Q4 economic growth will be faster than in Q3: National Bureau of Statistics
Source: Global Times | 2020/11/16 10:43:12

China's catering revenue in Oct sees first positive annual growth

China's catering revenue in Oct reached 437.2 billion yuan ($66.4 billion), up 0.8% y-o-y, with growth rate turning positive for the first time in 2020 under COVID-19, which forced restaurants to close for months.
Source: Global Times | 2020/11/16 10:24:44

China's industrial output above designated size rose 6.9% in October from a year earlier

China's industrial output above designated size rose 6.9% in October from a year earlier
Source: Global Times | 2020/11/16 10:09:02

China urges US to stop crackdown on Chinese firms in response to its ban on investment in 31 Chinese companies

The US has repeatedly generalized national security concept and abused its power to suppress Chinese firms, seriously violating market competition principles it has always flaunted and intl trade rules. China urges US to stop unreasonable crackdown on Chinese firms: MOCOM
Source: Global Times | 2020/11/16 9:53:24

China will continue importing frozen food but in smaller amounts: analysts

Imported frozen food tested positive for COVID-19 in Xi'an, Northwest China's Shaanxi Province on Saturday, following more than 10 provinces that also reported positive tests for the virus on the packaging of imported frozen food, raising consumer concerns about the safety of imported frozen food products.
Source: Global Times | 2020/11/15 23:10:25

Chinese vaccine cold-chain suppliers see order boom from US

Chinese makers of cold-chain equipment for medical use are running at full swing to meet booming orders from pandemic-hit countries such as the US, with a looming shortage of cryogenic storage freezers.
Source: Global Times | 2020/11/15 22:33:40

China halts some Indian cuttlefish imports after COVID-19 found on packages

Chinese Customs has halted some Indian cuttlefish imports after certain packaging tested positive for COVID-19, a move that could affect Indian seafood export industry, experts said.
Source: Global Times | 2020/11/15 21:53:29

Alibaba accused of 'securities fraud' in US as regulatory headwinds blow

Clouds continue to gather over Alibaba, as a law firm in Beijing representing investors in the e-commerce titan's US listing has filed a class action lawsuit faulting inadequate disclosure of regulatory tightening that shelved the IPO of Alibaba's fintech offshoot.
Source: Global Times | 2020/11/15 21:38:40

AllianceBernstein applies to set up fund firm in China

AllianceBernstein Hong Kong Limited has applied for a license to set up a mutual fund company in China, according to information released by the China Securities Regulatory Commission (CSRC).
Source: Global Times | 2020/11/15 20:23:40

RCEP can't mend China-Australia ties

The signing of the landmark Regional Comprehensive Economic Partnership (RCEP) can no doubt improve the trade environment between China and Australia, but it may not be enough to mend bilateral ties, which are at rock bottom with no sign of recovery, due to Canberra's irrational attacks on China and discriminatory measures against Chinese investment, analysts said.
Source: Global Times | 2020/11/15 20:03:40

Zhejiang businessman Qian Fenglei attacked in HK: report

Philanthropist and businessman Qian Fenglei from Ningbo, China's Zhejiang Province was attacked on Saturday, Hong Kong media reported.
Source: Global Times | 2020/11/15 19:28:40

China's e-commerce giant builds smart factory with advanced technologies

Powered by Alibaba's cloud computing infrastructure and internet of things (IoT), the Hangzhou-based factory, which was unveiled in September after three years' preparation, offers small- and medium-sized enterprises (SMEs) a digitalized end-to-end manufacturing system that allows for fully-customized, demand-driven production.
Source: Global Times | 2020/11/15 18:23:41

Tech giant expands high-end production line in China

GE Hangwei Medical Systems Co, GE's first joint venture in China, announced on Sunday that its Revolution CT has begun production in Beijing, a milestone for GE Healthcare to implement a comprehensive localization strategy in China.
Source: Global Times | 2020/11/15 15:16:37

Evolving coronavirus situation to put pressure on economy: HK financial secretary

If the coronavirus situation continues to evolve, the Hong Kong economy will be under pressure once again, according to Hong Kong Finance Secretary Paul Chan Mo-po.
Source: Global Times | 2020/11/15 14:29:51

China, 14 other economies sign RCEP in historic win for multilateralism

China and 14 other economies signed the world's largest trade deal, the Regional Comprehensive Economic Partnership (RCEP), on Sunday to form a free trade zone in the Asia-Pacific region that will encompass a third of the global economy, in what Chinese officials and experts call a historic win for multilateralism that would help the regional and global economies cope with the COVID-19 pandemic and rising protectionism.
Source: Global Times | 2020/11/15 12:53:20

China no longer seeks to blindly expand exports under dual circulation strategy: former official

China, which has the greatest market potential in the world, is expected to import more than $22 trillion worth of goods over the next decade, which will inject direct and lasting vitality to the world economy to help the recovery from COVID-19, Huang Qifan, vice president of the China Center for International Economic Exchanges and the former mayor of Southwest China's Chongqing Municipality, told a financial forum in Beijing on Sunday.
Source: Global Times | 2020/11/15 12:35:20