Business

China will not let economy slide out of proper range: Premier

China's adoption of a GDP target range this year is consistent with the government's determination of not allowing major economic indicators to slide out of the proper range, Chinese Premier Li Keqiang said Friday.

Cainiao smart lockers now all support facial recognition

Consumers in China can now collect their parcels from Alibaba logistics unit Cainiao smart lockers using facial recognition technology.

China's property investment up 11.6 pct in first 2 months

China's real estate investment increased 11.6 percent year on year in the first two months of this year, the National Bureau of Statistics said Thursday.
 

China's fixed-asset investment up 6.1 pct in first 2 months

China's fixed-asset investment grew 6.1 percent year on year in the first two months of 2019, 0.2 percentage points higher than that recorded in 2018, data showed Thursday.  
 

China's retail sales up 8.2 pct in Jan-Feb

China's retail sales of consumer goods rose 8.2 percent year on year in the first two months of the year, official data showed Thursday.
 

China's industrial output expands 5.3 pct in Jan-Feb

China's industrial output expanded 5.3 percent in the first two months, narrowing from 5.7 percent growth in December 2018, official data showed Thursday. 
 

China sees narrower decline in off-balance-sheet financing

China's off-balance-sheet financing saw a markedly narrower decline in the first two months of this year as the financial system stepped up support for the real economy.

​China-made wigs become best sellers around the world

​China-made wigs are in demand from global customers, according to data released on Tuesday by Alibaba Group's cross-border online shopping unit, Ali Express.
 

Tokyo court rejects Ghosn's request to attend Nissan board meeting

The Tokyo District Court on Monday rejected a request and an appeal made by former Nissan Motor Co. Chairman Carlos Ghosn, who was released on bail last week, to attend Nissan's board meeting Tuesday.

American-made White Rabbit ice cream sparks IP concerns

An American ice cream parlour has said it has reached out to a Chinese company after the success of a wildly popular flavor raised accusations of intellectual property theft.

World's longest railway tunnel project receives China's investment

A Chinese company is to invest billions of US dollars into a railway project that connects Finland and Estonia through the bottom of the Gulf of Finland, reported the Russia Today TV.
 

Minister of Commerce forecasts foreign trade in 2019

China to keep foreign trade growth stable in 2019 while improving its quality, Minister of Commerce Zhong Shan said Saturday at a press conference on the sidelines of the second session of the 13th NPC in Beijing. 

Senior commerce official shares optimism about China-U.S. trade talks

China's vice minister of commerce has shared his optimism about the prospects for the ongoing trade talks between China and the United States.

China's producer prices up 0.1 pct in February

China's producer price index, which measures costs for goods at the factory gate, edged up 0.1 percent year on year in February, the National Bureau of Statistics said Saturday.

China's CPI up 1.5 pct in February

China's consumer price index (CPI), a main gauge of inflation, rose 1.5 percent year on year in February, the National Bureau of Statistics said Saturday.

Boeing China welcomes first female leader

American aviation giant Boeing has appointed Sherry Carbary as the president of Boeing China, the company announced on Thursday.

ECB to keep interest rates unchanged at least through end of 2019

The European Central Bank (ECB) Thursday announced to keep the key interest rates for the euro area unchanged at least through the end of 2019.

Huawei to help Spanish ancient city become 'smart'

Chinese telecommunications giant Huawei has signed a memorandum of understanding with the city of Vila-real in eastern Spain to help transform the ancient city into a "smart city".

Government announces plans to improve business environment for SMEs

During a news conference on the sidelines of the Two Sessions, the Finance Ministry announced measures to support the country's SMEs, including tax cuts, easier access to financing, funding programs, and targeted procurement.

NBA and Alibaba expand China partnership

NBA China and the Alibaba Group have announced an expansion of their partnership that will see NBA content on Alibaba's platforms for the first time.

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