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China / Business

Phase one deal benefits China, US and world

[2020-01-17 00:00]

The whole world should breathe a sigh of relief at the news that China and the United States have signed a phase one trade deal. Even though the deal is not comprehensive and many issues are still to be resolved, any step showing goodwill and amity between China and the US is important for shaping t

Tajikistan-China ties to boost regional links

[2020-01-17 00:00]

Having seen the successful opening of the China-Tajikistan-Uzbekistan highway last August, the Tajikistan ambassador to China said in Beijing that his country plans to open the China-Tajikistan-Afghanistan highway as soon as possible in a bid to boost regional transport.

High-speed rail operator's shares zoom by 43.24%

[2020-01-17 00:00]

Beijing-Shanghai High Speed Railway Co Ltd, the operator of the high-speed railway linking the two most developed cities of China, saw its shares rising by 43.24 percent to 6.99 yuan ($1.02) on debut before closing at 6.77 yuan on Thursday, up 38.73 percent from its initial public offer price of 4.8

Huawei unveils plan to support UK developers

[2020-01-17 00:00]

Huawei Technologies Co has unveiled a 20 million pounds ($26.16 million) plan to support app developers in the United Kingdom and Ireland, as the Chinese tech giant steps up efforts to build its own mobile software ecosystem to mitigate the fallout from US restrictions.

Dalian company plans facility to tap surging demand from developed nations

[2020-01-16 00:00]

Jiachem BentBio Co Ltd, a Dalian-based manufacturer producing chewing gum, lozenges, nutritional supplements and over-the-counter (OTC) goods, will add another plant in Dalian this year to meet the strong demand from developed economies.

China at forefront of global blockchain boom

[2020-01-16 00:00]

China is bullish on the blossoming blockchain sector, seeing it as the next frontier for national competitive advantages as well as a digital future.

China to further slash taxes, fees for manufacturing sector

[2020-01-16 00:00]

Manufacturing enterprises in China will benefit from the government's continued efforts to cut value-added tax and fees this year, and the total scale of the reductions in cost for the sector was expected to reach 1.65 trillion yuan ($240 billion) for 2019, officials said.

CNPC to increase output of oil and gas

[2020-01-16 00:00]

China National Petroleum Corp, the State-owned energy giant, is planning to ramp up oil and gas output to more than 200 million metric tons of oil equivalent this year, while looking to raise the share of natural gas output to a record high of 50 percent.

Internet firms try to keep smartphone users hooked

[2020-01-16 00:00]

With the Year of the Rat just round the corner, internet-related companies are vying with each other to find strategies that can keep the multitudes of smartphone users in China engrossed.

New rules to streamline asset management firms

[2020-01-16 00:00]

China tightened regulations for cash management-oriented wealth management products to firmly implement new rules governing the asset management industry, which is undergoing a huge transformation.

Shanghai banks on reform, opening-up

[2020-01-16 00:00]

Shanghai will leverage on overall stability and sustained economic momentum to be the role model of China's ongoing reform and opening-up this year along with concerted efforts to reaffirm its position as a bellwether of the Chinese economy to the rest of the world, top officials of the city said on

Seven key tasks for 2020

[2020-01-16 00:00]

1.Encouraging more IPOs on the sci-tech bourse

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