Business
Huawei to invest 100 bln USD on more efficient network
China's tech giant Huawei will invest 100 billion U.S. dollars in the next five years to make network infrastructure more efficient and reliable, Huawei founder and CEO Ren Zhengfei said Monday.
Huawei secures most 5G contracts from China Mobile
Chinese technology giant Huawei won the most number of 5G network equipment contracts in a recent procurement from the telecom operator China Mobile, The Beijing News reported.
Shanghai-London Stock Connect welcomes first issuer, China's Huatai Securities
The London Stock Exchange Group (LSEG) welcomed on Monday China's Huatai Securities, a technology-enabled securities group, as the first issuer using the Shanghai-London Stock Connect mechanism.
Didi takes off in Chile
Chinese ride-hailing platform Didi Chuxing has dived into Chile's transportation market, launching its services in the Pacific Coast resort of Vina del Mar.
China firmly opposes suppression of China's development using rare earths
China firmly opposes any attempt to use products made with rare earths from China to suppress China's development, the National Development and Reform Commission (NDRC) said on Monday.
Ericsson, Nokia secure key 5G contracts in China
European telecom equipment makers Ericsson and Nokia are wining key 5G contracts in China, a move that analysts said showcases the country's open attitude to all international players when rolling out the technology.
China's property investment up 11.2 pct in first five months
China's real estate investment increased 11.2 percent year on year in the first five months of this year, the National Bureau of Statistics said Friday.
China's fiscal revenue up 3.8 pct in first five months
China's fiscal revenue rose 3.8 percent year on year to over 8.99 trillion yuan (about 1.3 trillion U.S. dollars) in the first five months of 2019, data showed Friday.
China raises anti-dumping duties on alloy-steel pipes from US, EU
China's Ministry of Commerce announced Friday that it will raise anti-dumping duties on imports of alloy-steel seamless pipes from the United States and the European Union.
AIIB to boost green finance with Luxembourg meeting
Asian Infrastructure Investment Bank, or AIIB, will host its Fourth Annual Meeting on July 12 and 13 in Luxembourg, its first time outside Asia. This year the theme is “Cooperation and Connectivity.”
China-US trade dispute: clash of multilateralism and unilateralism
It’s been 16 months since the US firstly announced to impose trade tariffs on China, and talks between the countries have yet to produce an agreement.
China mulls easing QFII quota management
China's forex regulator said Thursday that the country will properly ease and even cancel quota management for Qualified Foreign Institutional Investors (QFII) in a bid to further widen investment scope for overseas investors.
Ofo's legal representative restricted from leaving China
Ofo's legal representative, Chen Zhengjiang, joins the company's founder, co-founder, and general manager on a court blacklist and has been banned from leaving China, as the bike-sharing firm struggles to pay its creditors.
China's non-financial ODI down 1 pct in Jan-May
China's non-financial outbound direct investment maintained healthy growth in the first five months of this year, official data showed Thursday.
Shanghai-London Stock Connect system is ready to launch
The London Stock Exchange announced on Wednesday that the preparations have been completed for the launch of the long-awaited Shanghai-London Stock Connect system, reports China Daily.
China sees steady FDI growth in May
China saw steady foreign direct investment (FDI) growth in May, official data showed Thursday.
China launches sci-tech innovation board
China inaugurated its science and technology innovation board (STIB) on Thursday in Shanghai, kicking off the country's much-anticipated capital market reform this year.
China encourages businesses to diversify foreign trade markets
The State Council, China's cabinet, has urged domestic businesses to diversify foreign trade markets to promote greater opening-up.
Vodafone Spain adopts Huawei kits for its 5G network
Vodafone Spain announced on Monday that it will launch commercial 5G services in cities across Spain, reports Shanghai-based news website thepaper.cn
Musk hints Tesla may build more factories in China
China is Tesla's second-largest market after the United States. Construction work at the company's factory in Shanghai is rapidly progressing.