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China makes major progress in containing financial risks: regulator

China has seen significant progress in containing financial risks in 2019 with authorities strengthening regulation and reining in major risks.
Source: Xinhua | 2020/1/14 8:45:18

Nantong's vacuum products prove popular along BRI

Employees make vacuum bottles in Nantong, East China's Jiangsu Province on Tuesday. Vacuum bottles, vacuum barrels and other insulation products manufactured in the city are popular in countries and regions along the routes of the China-proposed Belt and Road Initiative.Photo: cnsphoto
Source: Global Times | 2020/1/13 22:13:40

Foreign investors increase presence in China's market, attracted by opening-up

Foreign investors will further boost their presence in the China market this year, attracted by the country's ongoing opening-up measures and the recovery of the domestic economy, an industry observer told the Global Times on Tuesday.
Source: Global Times | 2020/1/13 22:08:40

Upcoming China-US phase one agreement drives up yuan rate

The appreciation of the yuan reflects the positive news that China and the US are set to sign a widely expected phase one trade agreement, but in the long run, the currency's exchange rate depends on how the deal is implemented, a Chinese financial expert said on Monday.
Source: Global Times | 2020/1/13 22:03:42

Vehicle sector set to stabilize this year after tough 2019: analysts

Auto sales in China fell last year, and the new-energy vehicle (NEV) sector contracted in terms of production and sales for the first time in a decade, industry data showed on Monday.
Source: Global Times | 2020/1/13 22:03:41

China, Myanmar to sign agreements

Chinese President Xi Jinping' s scheduled state visit to Myanmar this week will deepen the two Asian economies' ties in such sectors as seafood exports, energy, basic infrastructure, finance and other labor-intensive industries, serving as drivers to fuel Myanmar's economic development, business representatives and industry observers said.
Source: Global Times | 2020/1/13 20:33:41

China market news wrap-up

Chinese mainland shares posted a strong performance on Monday, with the flagship Shanghai Composite Index closing up 0.75 percent, or 23.28 points, to hold above 3,100 percent. The Shenzhen Component Index and the ChiNext index both rallied during the day.
Source: Global Times | 2020/1/13 20:13:40

5G phone sales to surpass 4G in 2020: China Mobile

The number of 5G smartphones in China is expected to exceed 4G phones in 2020, exceeding 150 million from more than 10 makers, according to a report by the nation's major network operator China Mobile.
Source: Global Times | 2020/1/13 19:58:40

Chinese smartphone makers customize products to India market

In May 2018, when Realme separated from Chinese vendor Oppo's business to specifically target the India market, Wang Shuo, chief marketing officer of Realme India, did not expect the spin-off strategy would yield to be such a hit.
Source: Global Times | 2020/1/13 19:38:41

Figuratively Speaking

Value of shares held by foreign capital in China's A-share market in 2019, accounting for 3.5 percent of the market's valuation, the Shanghai Securities News reported, citing data from UBS.
Source: Global Times | 2020/1/13 19:23:40

Just Tech

The Guangzhou-Shenzhen-Hong Kong Express Rail connecting South China's Guangdong Province and the Hong Kong Special Administrative Region, which will have 5G signals, has been put into operation during the Spring Festival travel season this year, making it the first full 5G coverage high-speed rail line in China, reported.
Source: Global Times | 2020/1/12 21:33:41

Figuratively speaking

Box office receipts for films in China in 2019, up 5.4% year-on-year, the Xinhua News Agency reported.
Source: Global Times | 2020/1/12 21:28:41

Subsidies will remain relatively stable this year: official

With new-energy vehicle (NEV) subsidies set to remain stable this year, Chinese enterprises feel much more confident about development prospects for the sector, and they are committed to improving technology levels and reducing costs.
Source: Global Times | 2020/1/12 21:23:40

That's so sweet!

Workers make sweet-potato products at a food company in Shanting district, Zaozhuang city, East China's Shandong Province over the weekend. The district “digests” 120,000 tons of sweet potatoes annually, and the sweet-potato products made there are sold to 15 countries and regions, including Japan, South Korea and Singapore. Photo: cnsphoto
Source: Global Times | 2020/1/12 21:13:40

More overseas capital to enter markets in 2020

China expects more overseas capital to flow into its markets as Beijing moves to open up its financial sector at a faster pace and as the trade war eases, bolstering investors' confidence in the prospects of the Chinese economy, one central bank official and financial experts said on Sunday.
Source: Global Times | 2020/1/12 21:08:40

Financial sector to open further in 2020: regulator agency

China will further open up its vast domestic financial industry to foreign investors, while firmly pushing forward previously announced opening measures in the banking, insurance and securities sectors, according to the country's top banking and insurance regulator.
Source: Global Times | 2020/1/12 21:03:40

China achieves economic growth goal in 2019: official

China's economic growth in 2019 met the government's target thanks to supportive policies and the acceleration of the domestic economic transformation, despite downward pressure persisting amid uncertainties in the global market because of trade tensions with the US, experts said on Sunday.
Source: Global Times | 2020/1/12 20:34:57

US soybean futures rise to highest level since summer 2018 on trade optimism

Chicago Board of Trade (CBOT) agricultural futures settled mixed for the trading week ending Jan. 10, with soybeans closing at the highest price since summer 2018 on expectations for more Chinese purchases as a result of the phase one trade deal between the United States and China.
Source: Xinhua | 2020/1/12 8:47:49