From 'Made in HK' to 'Made in China'

Imports from Hong Kong to the US will be labeled "Made in China" instead of "Made in Hong Kong" from September 25, according to a notice published on Tuesday by the US Customs and Border Protection, Department of Homeland Security.

Chinese scientists develop first storage medium using silk proteins, implantable in human body

Chinese scientists have developed the world's first hard drive memory using natural bioproteins, which can store digital and biological information at the same time, the study team told the Global Times on Tuesday.
Source: Global Times | 2020/8/11 12:33:48

China's A-share market opens higher as banks rally

For the first time since July 15, China's stock benchmark Shanghai Composite Index rose to 3,400 at Tuesday's opening, mainly driven by shares related to banks and civil airports.
Source: Global Times | 2020/8/11 12:05:37

July car sales recover in China

Car sales in July went up despite the impact of COVID-19 in the first half of the year according to industry associations, and both traditional and new energy vehicles (NEV) saw a positive growth in sales.
Source: Global Times | 2020/8/11 11:39:09

Southwest China province posts strong export growth

Southwest China's Guizhou Province reported robust export growth in the first seven months of this year despite the COVID-19 epidemic.
Source: Xinhua | 2020/8/11 11:23:00

Huawei starts annual program to develop ICT talent in Bangladesh

Huawei Technologies (Bangladesh) Limited inaugurated its annual program of "Seeds for the Future 2020 in Bangladesh" on Monday to develop local information and communications technology (ICT) talents and thorough transfer of knowledge.
Source: Xinhua | 2020/8/11 11:21:17

Tobacco company's use of telescope name as trademark 'may not constitute infringement'

Media coverage of a Chinese tobacco maker that registered the nickname of China's Five-hundred-meter Aperture Spherical Radio Telescope (FAST) as a trademark for its cigarette products caused public anger on Monday, but the registration may not constitute a trademark infringement, legal experts told the Global Times.
Source: Global Times | 2020/8/11 2:44:17

Foreign-invested hotels steadily recover in post-epidemic era

The successful containment of the epidemic and the resumptions of business in China is bearing fruit for international hospitality industry as foreign-invested hotels in China report an average occupancy rate nationwide of 60 percent, while hotels in southern China have been 80 percent booked, industry insiders said.
Source: Global Times | 2020/8/11 1:51:31

E. China's Ningbo sees first positive growth in foreign trade since COVID-19 outbreak

Ningbo in East China's Zhejiang Province has achieved positive growth in foreign trade for the first time since the COVID-19 outbreak, with its import and export value from January to July hitting 526.64 billion yuan ($75.61 billion), up 0.9 percent year-on-year.
Source: Global Times | 2020/8/11 0:16:25

US sanctions pose quandary for banks operating in Hong Kong

Fresh US sanctions against Chinese officials, having been defined by the Hong Kong Monetary Authority (HKMA) as lacking legal standing in the special administrative region (SAR), could still put some locally operated foreign banks with strong links to the US in a quandary, financial industry watchers said Monday.
Source: Global Times | 2020/8/10 21:47:33

US WeChat ban to disrupt life

The responses of WeChat users in the US in anticipation of a potential ban on the Chinese social messaging app by the Trump administration on national security grounds has revealed the ban may not just sever communications, but also affect other businesses from online shopping and education to advertisements.
Source: Global Times | 2020/8/10 20:38:40

China, US trade review

Despite the tumultuous period in bilateral ties, China's commitment to carrying out the hardfought agreement remains unchanged.
Source: Global Times | 2020/8/10 20:03:40

Chinese graduates shun foreign firms as they seek stable jobs

Jobs at foreign-invested companies in China, once popular with college graduates, are losing their attraction as students look for more stable jobs at state-owned companies or large private firms amid coronavirus-triggered economic uncertainty.
Source: Global Times | 2020/8/10 19:38:40

Chinese corporate giants on Fortune Global 500 list exceed US multinationals for first time

The number of Chinese companies, including those from Hong Kong and Taiwan, stood at 133 on the Fortune Global 500 list for 2020, the first time China's number surpassed the US — which had 121 companies — according to the Fortune Global 500 released on Monday.
Source: Global Times | 2020/8/10 19:08:40