Business
China extends anti-dumping duties on toluidine imports from EU
China will extend anti-dumping duties on imports of toluidine, an organic chemical widely used in the production of dyes, medicines and farm chemicals, from the European Union (EU) for another five years.
Huawei says owning over 80,000 patents worldwide
Huawei had a total of 87,805 patents worldwide, including 11,152 U.S. ones, by the end of 2018 after spending 10-15 percent of its revenue on research and development annually, the tech giant said Thursday.
China's industrial profits shrink in Jan-May
Profits of China's major industrial firms fell 2.3 percent year on year in the January-May period, the National Bureau of Statistics (NBS) said Thursday.
China to further cut financing interest rates for small, micro firms
The Chinese government decided Wednesday to further reduce the real financing interest rates for small and micro firms.
Huawei ships over 150,000 5G base stations worldwide
Huawei has received 50 contracts on 5G commercial services from 30 countries and regions, and shipped more than 150,000 5G base stations worldwide, the company announced Wednesday.
American chip maker Micron restarts some exports to Huawei
The American semiconductor giant Micron Technology announced on Tuesday that it had restarted exporting some of its products to Huawei despite the export ban imposed by the United States government.
Huawei proposing no-backdoor deal for India's 5G network
Huawei is preparing to sign a deal with India's government in which it would promise not to install backdoors in its network, in an effort to eliminate concerns about espionage, reports Russia Today.
Chinese banks deny being probed for breaking North Korea sanctions
Three Chinese banks have each issued statements denying that they are being investigated for violations of United States sanctions against North Korea.
China suspends meat imports from Canada after forged paperwork found
China has suspended imports of all meat products from Canada starting Tuesday after veterinary health certificates were found to have been forged, China's embassy in Ottawa confirmed on Wednesday.
Chinese premier stresses cutting red tape, improving business environment
Chinese Premier Li Keqiang said Tuesday that the government should make continued efforts to streamline administrative approvals, delegate power to lower levels and improve regulations and services to optimize the country's business environment.
Huawei Mate 20X acquires China's first 5G licence for telecom equipment
China's tech giant Huawei has announced Tuesday that its 5G-based smartphone Mate 20X has acquired the country's first-ever 5G network access license for telecommunication equipment.
ZTE obtains 25 commercial contracts in 5G globally
Chinese telecommunications company ZTE Corporation said on Tuesday that it had obtained 25 commercial 5G contracts globally.
FedEx sues US Department of Commerce over export rules
FedEx Corp. has sued the US Department of Commerce in a district court, urging it to stop enforcing the Export Administration Regulations ("EAR").
Chinese drone maker DJI denies hacking accusation, invests more in US
Chinese drone maker DJI submitted a letter to the U.S. Senate on Monday, denying "incorrect" speculation about the company's data security practices.
China plans to introduce qualified overseas traders for cotton futures
China's Zhengzhou Commodity Exchange will promote the introduction of qualified overseas traders in the trading of cotton futures. The exchange listed the goal in a recently-issued white paper on cotton futures.
50 years later, the moon is still great for business
Fifty years after humans first visited, businesses are still trying to make a buck off the moon.
China unveils new administrative fee cuts from July
China will introduce new administrative fee cuts to implement the reform of tax and fee cuts for enterprises and individuals, reduce social burdens and support the development of real economy, according to the National Development and Reform Commission.
Suning.com buys 80% of Carrefour's business in China
Suning.com, a leading retailer in China said on Sunday it had agreed to buy 80 percent of Carrefour's business in China.
FedEx apologizes for another bungled Huawei delivery
FedEx has issued another apology in relation to a delivery involving Huawei, after the global logistics company returned a Huawei phone destined to New York from London because of an "operational error."
China's pilot free trade zones attract 40,000 foreign enterprises: report
China's 12 pilot free trade zones (FTZ) have attracted nearly 40,000 foreign enterprises since the first was established in Shanghai over five years ago, a new report showed.