Business

Didi, BP set up JV for NEV charging stations

Chinese mobile transportation platform Didi Chuxing has teamed up with British Petroleum (BP) to build a joint venture for developing and operating charging stations for new energy vehicles in China.

Intel applying for licenses to sell more products to Huawei

The American chip giant Intel says it has applied for licenses to sell some of its products to China's tech giant Huawei, reports CNBC.

Chinese enterprises purchase U.S. agricultural products: MOC

Some Chinese firms have inquired with U.S. suppliers about the new purchases of U.S. farm produce including soybeans, cotton, pork and sorghum since July 19, the Ministry of Commerce said Thursday.

Swire Coca-Cola relocates its China headquarters to Shanghai

Swire Coca-Cola announced on Wednesday that it will focus its global strategy on China and relocate its China headquarters from Hong Kong to the Pudong New Area in Shanghai.

Sales of fans by Alibaba boom as Europe swelters

There's been a boom in orders from Europe for fans made in China, as the continent sizzles through a long heatwave, according to the e-commerce giant Alibaba.

China's manufacturing PMI sees uptick in July

​The purchasing managers' index (PMI) for China's manufacturing sector grew to 49.7 in July, up from 49.4 in June, the National Bureau of Statistics said Wednesday.

Chinese tech giant Huawei's revenue up 23.2 pct in H1

Chinese tech giant Huawei's revenue rose year on year to 401.3 billion yuan (about 58.3 billion U.S. dollars) in the first half of 2019, according to the company's semiannual report released on Tuesday.

 

Tesla half-year sales in China reach nearly $1.5 billion USD

Tesla sales in the first half of the year in China were up 41.8 percent on the same time last year to reach nearly 1.5 billion USD, according to a filing with the U.S. Securities and Exchange Commission.

50 Filipino food companies to attend China import expo

Fifty Filipino food companies will exhibit their products in the second China International Import Expo in November.

China approves plan for China-SCO Demonstration Zone in Qingdao

China has approved a plan for the China-Shanghai Cooperation Organization Demonstration Zone in Qingdao to foster Belt and Road cooperation.

China to upgrade new subsidy bidding mechanism for solar energy

​China plans to improve a subsidy bidding mechanism, newly launched this year, to lower subsidies in the solar photovoltaic (PV) sector, according to the National Energy Administration (NEA).

Chinese vehicle becomes Santiago's first natural gas bus

A vehicle from the Chinese brand King Long will become the first natural gas bus to join capital Santiago's public transport system, the Chilean Ministry of Transportation and Communications said Saturday.

Japan Airlines to work with Didi to improve transportation services

Japan Airlines (JAL) announced on Friday that it plans to work with China's ride-hailing giant Didi Chuxing to improve the transportation services it offers its customers, reports Kyodo News.

Huawei launches 1st 5G mobile phone for commercial use

​Huawei on Friday launched its first 5G mobile phone for commercial use in Shenzhen, home to its headquarters, as the telecom giant seeks to usher in the fast-speed 5G mobile world.

First 5G phones to hit China's online market in August

Four different 5G smartphones will hit the market next month during a shopping festival, according to Suning, one of China's e-commerce platforms.

Apple to buy Intel's smartphone modem unit for enhanced 5G development

Apple Inc. said Thursday it will pay 1 billion U.S. dollars to buy the "majority" of Intel Corporation's smartphone modem unit to help it produce its own in-house 5G modem for future smartphones.

Probe says FedEx's 'mishandling' of Huawei packages 'does not match with facts'

U.S. package delivery company FedEx's claim that it "mishandled" packages sent by Huawei "does not match with facts," said the State Post Bureau on Friday.

Toyota invests $600 million in Didi for intelligent transport

Toyota announced on Thursday that it has reached an agreement with China's leading ride hailing platform, Didi Chuxing, to work on taking full advantage of the potential of China's growing intelligent transport services market.

Hong Kong moves up in global innovation ranking: report

Hong Kong has been ranked 13th among more than 100 economies in the world in a benchmark innovation ranking in 2019, moving up one spot from last year and strengthening its position as a global innovation leader.

China to host 12th round of China-U.S. high-level trade consultations

The 12th round of China-U.S. high-level economic and trade consultations will be held on July 30-31 in Shanghai, the Ministry of Commerce said Thursday.

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