Business

CIIE 2019: L’Oreal is committed to sustainable development

The fact that many companies are returning to attend the second edition of the China International Import Expo, or CIIE, reflects how confident those multinationals are for the Chinese market. 

CIIE 2019: A good opportunity to engage with Chinese market and consumers

Global companies are gathering in Shanghai to attend the second China International Import Expo. 

China issues euro-denominated sovereign bonds in Paris

China has just issued 4 billion euro-denominated sovereign bonds in Paris as an important action to support the building of Paris international financial center, said Chinese President Xi Jinping.

South African SMEs actively participate in CIIE

A growing number of small and medium enterprises from South Africa are attending this year's China International Import Expo, hoping to expand their overseas market.

China, New Zealand conclude FTA upgrade talks: MOC

China's Ministry of Commerce (MOC) Monday announced the conclusion of negotiations on upgrading the existing Free Trade Agreement (FTA) between China and New Zealand.

China's CPI expected to edge up in October: report

China's consumer price index. a main gauge of inflation, was forecasted a faster growth in October, according to a recent research report.

China sharing economy market to exceed 9 trln yuan: report

The market size of China's sharing economy is expected to exceed 9 trillion yuan (about 1.28 trillion U.S. dollars) in 2020, according to a consultancy report.

U.S. economy adds 128,000 jobs in October

U.S. employers added 128,000 jobs in October, and the unemployment rate was slightly up to reach 3.6 percent, the U.S. Bureau of Labor Statistics reported Friday. 

Top mobile operators switch on commercial 5G services

China's three major mobile operators on Thursday launched their long-awaited 5G service plans with users in dozens of cities making a beeline for the ultra-fast cellular network.

Hong Kong's economy contracts 2.9 pct on year in Q3 amid unrest

Hong Kong's gross domestic product shrank by 2.9 percent year on year in the third quarter of 2019 as local social unrest triggered an abrupt deterioration in the economy.

China's manufacturing activity index falls, structural upgrade on track

China's manufacturing activity index dipped in October while the structural upgrade of China's economy continued in pursuit of high-quality development.

Chinese carriers unveil 5G price packages

China's mobile carriers have announced that their monthly 5G plans will sell for as little as 129 yuan a month.
 

Twitter to ban political ads worldwide on its platform

Twitter said Wednesday it would stop accepting political advertising globally on its platform, responding to growing concerns over misinformation from politicians on social media.

eBay, Shanghai to promote cross-border e-commerce

E-commerce giant eBay signed a memorandum with the commission of commerce of Huangpu District in Shanghai, seeking a strategic partnership to promote cross-border e-commerce with a full industry chain.

China seeks strengthening manufacturing design abilities

China on Tuesday released a four-year action plan on strengthening its manufacturing design capabilities amid a shift from the "Made in China" model to "Created in China."

UK to grant Huawei 5G network access

British Prime Minister Boris Johnson is poised to grant Huawei access to the UK's 5G network, according to the Sunday Times. 

Chinese yuan weakens to 7.0762 against USD Monday

The central parity rate of the Chinese currency renminbi, or the yuan, weakened 13 pips to 7.0762 against the U.S. dollar Monday, according to the China Foreign Exchange Trade System.

China's industrial profits drop 2.1 pct in Jan.-Sept.

Profits of China's major industrial firms dropped 2.1 percent year on year in the first nine months, data from the National Bureau of Statistics (NBS) showed Sunday.

UK's Telegraph newspaper put up for sale: report

The owners of Britain's Daily Telegraph and Sunday Telegraph have put them up for sale, a rival newspaper reported on Saturday.

China mulls major reform of "new third board"

China will reform its National Equities Exchange and Quotations (NEEQ), or the "new third board," to further promote the growth of small and medium-sized enterprises (SME).

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