Business
Vaccine producer ordered to recall products for serious violations
A vaccine producer in Jilin Province has stopped production and been forced to launch recalls due to legal issues.
China's economy expands steadily in H1: official
Statistics show China's economy extended a steady expansion in the first half of the year, well above the government's annual growth target.
China's GDP grows 6.8 pct in H1
China's gross domestic product expanded 6.8 percent year on year in the first half of 2018 to about 41.90 trillion yuan (6.27 trillion U.S. dollars), data from the National Bureau of Statistics (NBS) showed Monday.
24-hour unmanned gyms gaining in popularity in Guangzhou
Unmanned gyms that are open 24 hours a day have been gaining in popularity in Guangzhou, reports Guangzhou Daily.
China to set up new cross-border e-commerce pilot zones for greater opening-up
China has newly identified 22 cities as venues for comprehensive cross-border e-commerce pilot zones in an effort to boost cross-border e-commerce, promote opening-up and upgrade foreign trade, the State Council announced Friday.
China records higher new yuan loans, slower M2 growth for H1
China's new yuan-denominated loans expanded to 9.03 trillion yuan (about 1.35 trillion U.S. dollars) in the first six months of this year, 1.06 trillion yuan more than the same period in 2017, central bank data showed Friday.
Apple announces 300 million U.S. dollar clean energy fund in China
On Thursday, Apple announced that it would launch a 300 million U.S. dollar renewable energy fund in China as part of its drive to clean up its supply chain, reports thepaper.cn.
J&J ordered to pay $4.69 bn damages in talc cancer case
US pharmaceutical giant Johnson & Johnson was ordered to pay out $4.69 billion in damages in a lawsuit representing 22 women who alleged a talc sold by the company contained asbestos and caused them to suffer cancer.
China's trade holds steady despite trade tensions
China's foreign trade showed strong resilience in the first half of this year with robust imports and stable exports, showing the economy has so far stood up to the impact from the escalation of trade frictions with the United States.
ZTE closer to resuming business
The U.S. said on Wednesday that it signed an agreement with ZTE Corp that paves the way for the Chinese tech company to resume operations after a nearly three-month ban on doing business with American suppliers.
China-US economic relationship is more than just trade deficit
The United States announced a new list of tariffs on Chinese products worth 200 billion US dollars. China immediately retaliated with tariffs on the same value of US goods, including soybeans and cars.
China's central SOEs see decline in debt-asset ratio in H1
China's centrally-administered state-owned enterprises (SOEs) saw a drop in their debt-asset ratio in the first half of the year due to government deleveraging efforts.
Chicago agricultural futures plunge amid renewed China-U.S. trade frictions in morning trade
Chicago Board of Trade (CBOT) agricultural commodities dropped sharply on Wednesday morning, following the news that the United States announced a list of tariffs on 200 billion U.S. dollars of Chinese goods Tuesday.
Chicago signs 5-year plan to boost business ties with China
America's third largest city, Chicago, signed a five-year plan Wednesday with eight Chinese cities to promote cooperation in advanced manufacturing and innovative technologies.
Suning, SAP partner over smart retail
Chinese e-commerce giant Suning has signed a memorandum of strategic cooperation with German software company SAP to conduct technology cooperation in retail, logistics and sports sectors.
China approves set-ups of branches of overseas banks
China approved the establishment of branches of several overseas banks in its latest effort to open up financial sectors.
S. America outpaces the US in supplying soybeans to China: Sinograin
China Grain Reserves Corporation (Sinograin) has reportedly not purchased soybeans from the United States since April, and an increasing majority of its purchases of imported soy has come from countries in South America.
Tesla to build first overseas plant in Shanghai
U.S. carmaker Tesla Inc. will open its first overseas plant in Shanghai, according to an agreement signed between Tesla and Shanghai municipal government on Tuesday.
Great Wall Motor, BMW announce new energy auto JV
Chinese carmaker Great Wall Motor Company Limited announced Tuesday a joint venture (JV) with BMW, with each side holding a 50 percent stake in the new company of new energy automobiles.
Tesla sets up super factory in Shanghai
US-based EV industry leader Tesla sets up a super factory in Shanghai on Tuesday, marking the city's biggest ever foreign-funded manufacturing project.