Business

China's consumer inflation holds steady, factory prices further soften

China's consumer inflation held steady in October, data showed Friday, but factory-gate inflation continued to cool, which analysts said created room for policymakers to maneuver.

China donates 28.8 mln USD to Algeria for economic, technical cooperation

China on Thursday granted to Algeria a donation of 200 million yuan (about 28.8 million U.S. dollars), as part of an economic and technical cooperation agreement.

China's imports and exports surge in Oct.

China's imports surged 26.3 percent year on year in October, while exports rose 20.1 percent, with the pace of growth both beating expectations, data showed Thursday.

Central bank governor promises stronger support for private sector

China's central bank governor on Tuesday pledged an array of policies to widen financing channels for the private sector.

Chinese VP: China firmly opposes unilateralism, trade protectionism

China calls for proper settlement of international issues based on rules and consensus and stands firmly against unilateralism and trade protectionism, Chinese Vice President Wang Qishan said.

Beijing hospital buys big at import expo

The Beijing Hospital has signed tentative agreements to buy medical equipment worth over 20 million yuan  at the first China International Import Expo, which is being held this week in Shanghai.

China to secure fair competition between public and private firms

China's market regulator on Monday said it would secure a fair competition between public and private companies.

Dinosaur replica manufacturer ups the ante to counter trade war

The trade spat initiated by the United States has prompted Chinese companies to rethink strategies. And if anything, it has made these companies more determined to do what they do – better.

Canton Fair concludes with more new buyers from B&R countries

China's largest trade fair in southern Guangdong Province saw an increase in export to countries along the Belt and Road and new buyers from these regions.
 

ACFIC to step up support for private businesses

The All-China Federation of Industry and Commerce (ACFIC) on Saturday said it will make greater efforts to boost development of private businesses.

China to exempt import tariffs for certain goods at import expo

China announced Thursday to make import tariffs exempt for certain amounts of foreign goods at the first China International Import Expo (CIIE).

Chinese firm unveils foldable phone with flexible display

On Wednesday, a Chinese tech company called Royole Corporation unveiled the FlexPai in Beijing, which is said to be the world's first commercial smartphone with a flexible display.

China lowers tariff rates on 1,585 taxable items

China's latest tariff cuts on 1,585 items of imported goods have taken effect on Thursday. The average tariff rate is cut from 10.5 percent to 7.8 percent, according to the Customs Tariff Commission of the State Council.

British based luxury business, Net-a-Porter, teams up with China’s Alibaba

British luxury retailer Net-a-Porter is teaming up with Chinese giant Alibaba to break into the Chinese market.

China advances to global top 50 in business climate: World Bank

​China is now one of the top 50 economies in the world for ease of doing business, due to a record number of reforms carried out last year.

German businesses favor cooperation with China in Africa: study

A large number of German businesses are in favor of cooperation with Chinese firms in Africa, a study titled "China in Africa" published by Germany Trade & Invest (GTAI) has found.

China's manufacturing activity remains stable in October

China's manufacturing sector remained stable in October, official data showed Wednesday. The country's manufacturing purchasing managers' index came in at 50.2 in October, narrowing from 50.8 in September.

China opposes U.S. unilateral sanctions against Chinese firm

​China's Commerce Ministry late Tuesday expressed opposition to the U.S. imposition of unilateral sanctions against a Chinese firm, urging the country to immediately stop its wrong practice.

iPads, Macs get new screens as Apple pushes creativity

Apple's new iPads will more closely resemble its latest iPhones as they ditch a home button and fingerprint sensor to make more room for the screen.

US carmakers remain ambitious about Chinese market

How are American automakers faring in the China-US trade war? Peter Fleet, Asia-Pacific president of Ford Motor said their ambition is to increase revenue by 15 percent by 2025.

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