Business
China to improve business environment through gov't legislation
The State Council, China's cabinet, on Tuesday passed a draft of regulations on improving business environment, offering market entities institutional guarantee when they invest and develop business in China.
HKEX drops takeover bid for London peer
Hong Kong Exchanges and Clearing Limited (HKEX) said Tuesday it would not proceed with a proposal to the London Stock Exchange Group plc (LSEG) to combine the two companies.
Japan downgrades economic assessment for 1st time in 4 months
Japan downgraded its assessment of the economy for August for the first time in four months, the government said in a report on Monday.
China's high-tech manufacturing industry sees rapid growth in Aug.
The added value of high-tech manufacturing in August went up 6.1 percent year on year, 1.7 percentage points higher than that of all industrial enterprises above designated size.
China UnionPay expands services to 176 countries, regions
Merchants in countries including Bosnia and Herzegovina and Chile began to accept UnionPay cards for the first time, the company said in a statement.
China's inflation rate to edge down in September: report
China's consumer price index (CPI), a main gauge of inflation, was expected to record slightly slower growth in September, according to a research report.
U.S. tariffs on EU goods would include cheese, wine, aircraft
The Trump administration plans to impose tariffs on $7.5 billion worth of European imports beginning Oct. 18 to retaliate against illegal European Union subsidies for aviation giant Airbus.
Chinese consumers show growing interest on domestic brands: report
Chinese consumers are showing a growing preference for domestic brands as the country's steady economic growth lifts product and service appeal, a report showed.
Forever 21 fashion chain files for Chapter 11 bankruptcy
Low-price fashion chain Forever 21, a one-time hot destination for teen shoppers that fell victim to its own rapid expansion and changing consumer tastes, has filed for Chapter 11 bankruptcy protection.
China's manufacturing PMI edges up in September
The purchasing managers' index (PMI) for China's manufacturing sector firmed up to 49.8 in September from 49.5 in August, the National Bureau of Statistics (NBS) said Monday.
Chinese delegation to visit U.S. for 13th round of trade consultations
Chinese Vice Premier Liu He will lead the Chinese delegation to visit Washington D.C. for the 13th round of the China-U.S. high-level economic and trade consultations.
China's commerce achievements take opening-up to higher level
The Press Center for the Celebration of the 70th Anniversary of the Founding of the People's Republic of China held its fifth press conference on China's efforts to advance opening-up to a higher level on Sunday.
China's service trade up 3 pct in first eight months
China's service trade totaled 3.57 trillion yuan (about 505 billion U.S. dollars) in the first eight months of 2019, up 3 percent year on year, the Ministry of Commerce (MOC) said Saturday.
China promotes large pig farms to ensure stable pork supply
In the Chinese Lunar Year of the Pig, pigs have attracted a large amount of attention as there has been a huge rise in the price of pork, China's staple meat, resulting in inflated living costs.
China's industrial profits drop 2 pct in August
Profits of China's major industrial firms dropped 2 percent year on year in August. This is a remarkable decline compared with the 2.6 percent rise in July.
China makes progress in promoting sustainable economic growth, employment
China has made positive progress in promoting inclusive and sustainable economic growth, full and productive employment and decent work for all, according to a report from the Ministry of Foreign Affairs.
China responds positively to U.S. tariff exemption lists
China supports relevant enterprises to continue to purchase a certain amount of U.S. farm products, including soybeans and pork, in line with the rules of the market and the World Trade Organization.
GE invites Chinese firms to join intelligent healthcare platform
GE Healthcare signed an MOU of strategic partnership in Shanghai on Saturday to invite five Chinese firms to join the company's intelligent healthcare platform Edison.
China Post opens new direct mail service to U.S.
The Shanxi subsidiary of China Post Group in north China's Shanxi Province has opened a direct mail service linking the provincial capital of Taiyuan with Chicago in the United States.
AIIB to invest $1.09 bln in ASEAN countries to boost interconnectivity
The Asian Infrastructure Investment Bank (AIIB) will invest in six projects with 1.09 billion U.S. dollars in countries of the Association of Southeast Asian Nations (ASEAN), AIIB President Jin Liqun has said.