Business
China's import and export increase in first three quarters
China's import and export went up in the first nine months this year, data from the General Administration of Customs showed on Friday.
BMW extends contract term, increases investment in China's JV
The German carmaker BMW announced that they would extend the contract term of the joint venture BMW Brilliance Automotive (BBA) in northeast China and to increase investment for its production capacity expansion.
Chinese Baijiu maker inks record sponsorship deal with Australian Open
The Australian Open Tennis Grand Slam is celebrating the largest Chinese sponsorship deal in the tournament's history, with Baijiu brand Luzhou Laojiao set to become an associate sponsor of event for the next five years.
Jack Ma hails prospect of technology in Asia
Alibaba's Jack Ma hailed the prospect of technology and internet in Asia, saying China and companies like Alibaba will take up the responsibility and opportunities to share its technology with the neighbors.
Tencent teams up with British tech firm to provide medical care
Tencent collaborates with Medopad to develop a system which remotely monitor patients with the disorder using smartphones.
World Cyber Games announced in China's Xi'an
World Cyber Games have officially announced the signing of a Memorandum of Understanding with Qujiang New District of Xi’an, China to hold the finals from July 18 – 21, 2019.
Around three-quarters of people in China use online payment services
More than 76 percent of adults made a total of 160 billion domestic non-cash payments last year with a value of 3,759 trillion yuan (543 trillion U.S. dollars).
Daimler and Geely to partner on ride-hailing service in China
China's Zhejiang Geely Holding Group is in talks with German auto company Daimler AG to develop ride-hailing and car-sharing services in China, aiming to compete with Didi Chuxing in the domestic market.
German firm sends largest exhibit to China's upcoming import expo
A German firm has sent a 200-tonne milling machine to China's upcoming import expo, which will be the largest exhibit to be on show at the first-of-a-kind international event.
Chinese and British education links continue to strengthen
Bright Scholar currently offers six international boarding school, sixteen bilingual schools, and 40 kindergartens.
Europe sees fast growth in Chinese mobile payment during Golden Week
More European countries started to provide Chinese mobile payment services and some countries have seen fast growth in Alipay use during China's Golden Week national holiday this year, according to latest figures.
IMF cuts global growth forecasts, citing escalating trade tensions
The International Monetary Fund (IMF) has cut growth forecasts for the global economy this year and next year, as escalating trade tensions could dent business sentiment and trigger financial market volatility.
China's national holiday sees strong consumer demand
China saw strong consumption during the seven-day national holiday, which concluded yesterday, with an upsurge in online shopping, according to Alibaba, China's leading e-commerce giant, and other online retailers.
Malaysia to tap into China's unmanned retail technology
China's BingoBox, an operator of self-service stores, has tied up with Malaysian companies to bring in the unmanned retail technology powered by image recognition.
More senior Chinese use mobile payment overseas: Alipay
More senior Chinese citizens are using mobile payment in overseas consumption, according to statistics released by leading Chinese online payment platform Alipay.
China to cut requirement reserve ratio by 1 percentage point
The People's Bank of China decided on Sunday to cut the requirement reserve ratio for RMB deposits by one percentage point starting from Oct. 15.
Chinese business circles oppose B20 summit report of policy proposals
The Chinese business circles opposed the report of policy proposals from the two-day B20 summit 2018 held in Buenos Aires, saying the summit result failed to truly base itself on the topic discussions or consensus.
GM, Honda team up to produce self-driving vehicles
General Motors and Honda are teaming up on self-driving vehicle technology as big automakers and tech giants race to develop the next generation of personal transportation.
China's Dongfeng Motor to recall over 72,000 cars
China's carmaker Dongfeng Motor will recall more than 72,000 vehicles due to defective ignition locks, according to the country's market regulator.
Maine lobster industry feels the pinch of trade war
Over the past few years, the US state of Maine has seen an explosive growth of lobster sales in the Chinese mainland market. Today however, because of the trade war started by the US government, different sectors of the Maine lobster industry are feeling different pains.