Business

Meituan Dianping debuts on Hong Kong stock exchange

Chinese service giant Meituan Dianping debuted on the Hong Kong Stock Exchange Thursday, the second company with dual-class shareholding structures listed in Hong Kong after Xiaomi.

China, Singapore to promote bilateral cooperation, safeguard multilateral trading system

China and Singapore on Wednesday agreed to promote bilateral cooperation and jointly safeguard multilateral trading system.

Chinese exhibitors focus on innovation at InnoTrans railway trade fair

Chinese exhibitors are showcasing their innovative products and services in Berlin on the bi-annual "InnoTrans" railway industry trade fair, the largest of its kind in the world.

Premier calls for discussions to address problems facing global economy

Chinese Premier Li Keqiang on Wednesday called for enhanced discussions among all parties on problems facing the global economy so that common development and prosperity can be promoted.

Trade should be propeller of peace: Jack Ma

Alibaba chairman Jack Ma said efforts should be made to promote the healthy development of China-U.S. trade even though it is hard to fulfill his previous promise of creating 1 million jobs for the U.S. under current circumstances.

Alibaba announces establishment of chip company

CTO Zhang Jianfeng announced at the on-going 2018 Computing Conference that Alibaba has established a semiconductor company to produce embedded neural NPC and quantum chip.

China will not pursue competitive devaluation of yuan: Premier Li

China will stick to market-oriented reform of the exchange rate formation mechanism and will not pursue competitive devaluation of its currency, Premier Li Keqiang said Wednesday.

WEF founder: A trade war is a lose-lose situation

The current trade dispute between China and the US is a lose-lose situation, said Klaus Schwab, founder and executive chairman of the World Economic Forum.

Trump’s former campaign director: The key to dealing with Trump is to resolve disputes quickly

One of President Donald Trump's former campaign directors, Bryan Lanza, the managing director of communications firm Mercury, says the race is on to resolve the China-US trade spat.

China stays the course on reforms while the US confusion reigns: expert

​There is a lot of confusion as to what will happen in terms of China-US trade tensions. But while the US confusion reigns, China stays on course of reforms, according to Pascal Soriot, CEO of AstraZeneca, a UK drugmaker.

China, EU should jointly safeguard multilateral trade system: scholars

Amid increasing tensions of trade wars worldwide, around 100 leading scholars from China and Europe gathered in the headquarters of Belgian think tank Bruegel Monday.

China, Russia pledge to explore new areas of investment cooperation

China and Russia on Tuesday agreed to further explore new areas of investment cooperation and create a more favorable investment and business environment for both sides.

New measures to be taken for steady growth of foreign trade: Premier Li

China will roll out new measures including cutting customs clearance time, streamlining port services and improving the export tax rebate policy to increase opening up and facilitate the steady growth of foreign trade.

Michigan Governor Rick Snyder: Trade war benefits no one

A trade war between China and the United States benefits no one, and China's investment and market are both important for American businesses, Rick Snyder, Governor of Michigan said in an exclusive interview with CGTN.

China files additional complaint with WTO against US tariff measure

China on Tuesday filed an additional complaint with the World Trade Organization against the U.S. decision to impose tariffs on 200 billion U.S. dollars worth of Chinese goods under the Section 301 investigation.

China to impose additional tariffs on U.S. products worth 60 bln USD

China announced on Tuesday it will impose additional tariffs on U.S. products worth 60 billion U.S. dollars starting from Sept. 24 in response to the newly announced U.S. tariffs on Chinese goods.

Ctrip to use China's railway network for tourism business growth

Leading Chinese online travel agency Ctrip will launch a tailored service channel catering to tourism spending in destinations along the country's high-speed railways in its latest efforts to tap the domestic tourism market. 
 

China has second-most AI companies: blue paper

China has the second-largest number of Artificial Intelligence (AI) companies in the world, trailing only the United States, according to a blue paper published Monday.

China to respond to tariffs with retaliatory measures on US goods

China will levy retaliatory tariffs simultaneously with the US on American imports in response to Washington's latest announced round of tariffs, China's Ministry of Commerce said in a statement on Tuesday.

Beijing to open "taxi-like" bus service

The Beijing Public Transport Corporation is planning to open a "taxi-like" service in which passengers can order a bus online and take it with people heading to the same destination.
 

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