Business
China unveils new financial opening-up measures
China announced Saturday a slew of new measures to further open up its financial markets, according to a meeting attended by the country's financial authorities.
U.S. software supplier Cape bans use of DJI drones
The California-based start-up Cape will stop selling to its clients software that is compatible with the Chinese drone company DJI, citing security concerns.
China maintains top position in global shipbuilding industry in H1
China's accomplished shipbuilding output in the first half of this year stood at 19.66 million deadweight tonnes, up 4.2 percent year on year, according to the Ministry of Industry and Information Technology.
China's service outsourcing market reports steady H1 growth
China's service outsourcing industry reported stable growth in the first half (H1) of 2019 as the country steps up efforts to narrow the service trade deficit, data from the Ministry of Commerce (MOC) showed Thursday.
Huawei says Hongmeng operating system not for smartphones
Huawei's Hongmeng operating system is not for smartphones and the company intends to continue to use Google's Android operating system for its smartphones.
EU fines chipmaker Qualcomm for 'predatory pricing'
In yet another European Union move against a U.S. tech company, the bloc's antitrust chief on Thursday fined chipmaker Qualcomm $271 million, accusing it of "predatory pricing" to drive a competitor out of the market.
Huawei says it has signed over 50 5G contracts, 28 from Europe
Huawei board member and senior vice president Catherine Chen said on Thursday that the Chinese technology giant has signed over 50 5G commercial contracts across the world, of which 28 are from Europe.
Chinese, Russian ministers vow closer economic, trade ties for new era
China and Russia will work together to expand bilateral trade and investment to develop their comprehensive strategic partnership of coordination for a new era, according to the Ministry of Commerce.
G7 finance ministers meet in France to bridge gap on digital tax
France is hosting a two-day meeting of finance ministers of G7 governments, hoping to bridge gap on digital tax and get broader support for minimum corporate taxation to shift to fairer and more sustainable capitalism.
Huawei's Honor brand to release a new smart TV
Chinese tech giant Huawei announced on Monday that it will release a new smart television early next month.
China urges U.S. to correct faulty practices in anti-subsidy probes
China's Ministry of Commerce urged the United States to correct faulty practices in anti-subsidy probes against Chinese products, after a WTO report ruled that U.S. countervailing measures were inconsistent with WTO rules.
Huawei announces 3.1-bln-USD investment plan in Italy
Chinese telecoms equipment maker Huawei Technologies will invest 3.1 billion U.S. dollars over the next three years in Italy, local media reported on Monday.
IMF to start selecting new leader as Lagarde formally submits resignation
International Monetary Fund (IMF) Executive Board will initiate promptly the process of selecting the next managing director, after Christine Lagarde announced that she formally submitted her resignation from the IMF position.
Huawei wins ICT award in Indonesia
The "Best 5G Innovative Technology," an award for information and communication technology (ICT) industry in Indonesia, reflects a high recognition of excellence in the country's ICT sector.
Sichuan, California co-build smart town to develop clean energy, high tech
Southwest China's Sichuan Province and California jointly launched a smart town project on Tuesday to accommodate enterprises on new energy, the new generation of IT, and high-end equipment manufacturing.
China's central SOEs see solid net profit growth in H1
The net profit of China's centrally-administered state-owned enterprises (SOEs) saw stable growth in the first half of 2019, with an all-time high reached in June, official data showed Tuesday.
China's non-financial ODI up 0.1 pct in H1
China's non-financial outbound direct investment (ODI) maintained healthy growth in the first half of this year, official data showed Tuesday.
Facebook's new currency plan under scrutiny in Congress
Facebook's ambitious plan to create a financial eco-system based on a digital currency faces questions from lawmakers.
China approves investment projects worth 69 bln USD in H1
China's top economic planner approved 94 fixed-asset investment projects with combined investment totaling 471.5 billion yuan (about 69 billion U.S. dollars) in the first half of the year, official data showed.
AIIB's membership expansion to 100 reflects int'l community's confidence: president
The Asian Infrastructure Investment Bank (AIIB) on Saturday further expanded its membership to 100, reflecting the international community's confidence in the multilateral institution, the bank's head has said.