Business

Apple to build first accelerator in China to support app developers

Apple Inc. announced on Wednesday its plan to establish the first design and development accelerator in China to provide technical support for hundreds of millions of developers who work on Apple software in Greater China.
 

Shanghai unveils mega hydrogen station

Shanghai unveiled Wednesday a mega hydrogen station that can charge a car within only three minutes and is able to power hundreds of vehicles per day.

US bullying policies won't make it great again

The Chinese Academy of Social Sciences held a high-level national think tank forum in Beijing on Wednesday, where experts and scholars gathered to debate "The problems and solutions of the China-U.S. trade frictions".

China announces new measures to support mass entrepreneurship, innovation

China will take various measures to push mass entrepreneurship and innovation, according to a decision made at a State Council executive meeting chaired by Premier Li Keqiang on Wednesday.

IMF forecasts China's 2019 economic growth to be 6.2%

At a press conference on Wednesday, IMF issued its preliminary findings on the prospects for China's economy this year, and spoke about the dangers of a protracted trade war between the world's two largest economies.

​Huawei and China Post partner to help the postal service go digital

China Post and Huawei have partnered to work on advancing the digitalization of China Post, according to a report by Securities Times Online.

Huawei drives ahead with smart car unit

Chinese tech giant Huawei Technologies Co has recently established a smart car solutions business unit, as part of its larger goal of driving a connected and smart future.

World Bank lowers global forecast, maintains China growth

The World Bank on Tuesday lowered its global growth forecast for 2019 to 2.6 percent, while maintaining its growth projection for China at 6.2 percent.

MOC spokesperson comments on U.S. statement on China's white paper

Neglecting multilateral trade rules, the United States has taken unilateralist and protectionist actions frequently in the name of trade deficit to trigger the China-U.S. economic and trade frictions, said the spokesperson for China's the Ministry of Commerce.

The U.S. gains hugely from China-US trade: MOC

The U.S. theory of "suffering losses" is untenable as the U.S. side has gained hugely from Sino-U.S. trade, according to a statement by China's Ministry of Commerce on Tuesday.

All you need to know about Apple WWDC 2019

Apple held its WWDC in San Jose on Monday, unveiling a host of software updates to the iPhone, iPad, Apple Watch and Mac. It also included the launch of a new Mac Pro and the retirement of iTunes.

China's securities regulator to enhance crackdown on money laundering

China's securities regulator will enhance its crackdown on money laundering, with a string of concrete measures.

FedEx says it values Chinese business, will cooperate with any probe

FedEx's statement comes as Chinese authorities prepared to launch a probe against the U.S. express company after FedEx diverted Huawei parcels.

China outlines factors to list unreliable foreign entities

China will consider four factors when deciding whether to put a foreign entity on a list of "unreliable entities," the Ministry of Commerce (MOC) said Saturday.

World's largest Atlantic salmon producer to sell salmon via JD.com in China

Norway's Mowi, the world's largest producer of Atlantic salmon, will sell salmon to the Chinese market through China's e-commerce giant JD.com, online newspaper E24 reported Friday.

Tesla to deliver Shanghai-manufactured model 3 in 6-10 months

Tesla announced Friday that the model 3 manufactured in the Shanghai gigafactory was available for pre-order with starting price of 328,000 yuan (47,529 U.S. dollars) and expected to deliver in six to ten months.

China's composite PMI stands at 53.3 in May

The composite purchasing managers' index (PMI) of China stood at 53.3 in May, slightly down 0.1 percentage points from the previous month, as the country's corporate business activities remained basically steady, the National Bureau of Statistics (NBS) said Friday.

U.S., Chinese researchers transform graphene into semiconductor

U.S. and Chinese researchers used a laser technique to transform graphene, a super thin material that is at least 100 times stronger than steel, into a semiconductor that may replace silicon on a computer chip in the future.

Foreign businesses remain optimistic of investment in China: FM

The European Business in China Business Confidence Survey 2019 once again demonstrated that the enthusiasm of foreign companies to invest in China remains undiminished.

China's new tax cuts over 500 bln yuan in first 4 months

China's new tax cut policies saved 524.5 billion yuan (around 76 billion U.S. dollars) for businesses and individuals in the first four months of this year, official data showed Thursday.

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