Business

China is UK’s second fastest growing export partner

New figures have highlighted the growth of trade between the UK and China, with the latter country being revealed as the second fastest growing export market for British goods and services.

Beijing fair to highlight China's growing services trade

The fifth session of the China Beijing International Fair for Trade in Services is due to open in the Chinese capital on Monday.

Over 170 million private cars in China

Motor vehicle ownership in China has reached over 310 million in 2017, with a net increase of 15 million compared to 2016, according to the 2017 China White Paper on Parking Industry Development.
 

VW is only European maker in China top 10 car list

The top ten best selling cars in China from last year have been revealed. For European car fans, there are a few surprises on the list.

China's Q1 consumer confidence index reaches 10-year high: report

Chinese consumers reported confidence levels at a ten-year high in the first quarter of this year, according to global market intelligence provider Nielsen's latest survey.

Baidu, Pand Auto trial self-driving share car service

A trial of a new self-driving new energy share car service started on Thursday in the Liangjiang New Area in Chongqing, reports Chinanews.com.

Wechat Pay is available in Hong Kong Disneyland

The Disneyland in Hong Kong has reached an agreement with Tencent to accept Wechat Pay at the resort, reports Chinanews.com.

Merchants flock to Beijing for opening of services trade fair

​Almost 22,000 merchants from around 120 countries and regions are expected to take part in the fifth session of the China International Fair for Trade in Services (CIFTIS) in Beijing. 

China to further deepen reform, opening up in FTZs: official

China has published plans to further deepen reform and open up pilot free trade zones in Guangdong, Tianjin, and Fujian.

China, Germany champion free trade: MOC spokesman

China is willing to work with Germany on sending out "positive signals for championing free trade" and pushing forward the steady growth of the world economy.

China's Q1 box office sales surpass North America

Box office sales on the Chinese mainland from January to March stood at 20.2 billion yuan (3.16 billion U.S. dollars), which topped North America to become the largest market, according to a People's Daily report Thursday.

China's usage of cloud storage doubles in 2017: report

China more than doubled its use of cloud storage in 2017, with public institutions' use surging more than 10 fold, according a report from internet giant Tencent released Wednesday.

Rivals 'should be afraid'- OnePlus 6 on sale!

Available in Mirror Black, Midnight Black and a funky Silk White, the OnePlus 6 goes on sale with prices starting at around $530 USD.

China Southern Airlines aims for Beijing to London connection

China Southern Airlines is ultimately planning to apply for permission to operate flights on the busy air route between Beijing and London.

Tesla slashes prices in China after country's tariff cut

Tesla has slashed prices for all its models in the Chinese market, following the country's latest auto import tariffs cut, reports jiemian.com.

China will significantly cut auto import tariffs from July

China will slash import tariffs for automobiles and auto components by a substantial margin starting July 1, as part of its efforts to further open up the world's largest car market.

China's Xiaomi enters French market with all-new Mi MIX 2S, Redmi Note 5

Chinese technology giant Xiaomi Inc. on Tuesday announced its entry into the French market by bringing the all-new Mi MIX 2S and Redmi Note 5, along with a wide range of internet of things (IoT) products, to local customers.

China moves to offer easier access for foreign investment

China is quickening preparations for the introduction of new practices to cut red tape for business filing and registration of foreign-invested enterprises. 

China's e-commerce exports soar in 2017: report

China's e-commerce exports rose 14.5 percent year on year to 6.3 trillion yuan (1 trillion U.S. dollars) in 2017, according to a report released by the E-commerce Research Center (ECRC).

U.S., China move toward deal to settle ZTE issue: report

The United States and China are nearing a deal that will remove an existing order banning American companies from supplying Chinese telecommunications firm ZTE Corp, reported Reuters and the Wall Street Journal.

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