Business
China releases 2019 Top 500 Enterprises list
The latest China Top 500 Enterprises list was released yesterday, with Sinopec, China National Petroleum Corporation and State Grid nabbing the top three spots.
Consumer Technology Association: U.S. tariffs "worst economic mistake"
Consumer Technology Association on Sunday reiterated its condemnation of new U.S. tariffs on Chinese imports, saying that such trade policy would badly hurt U.S. consumers and negatively impact the country's economy.
China issues first veto on company's application for listing on tech board
China securities regulator has issued the first veto on a company's registration for listing on the STAR Market, a Nasdaq-style board which started trading in July.
Qingdao area of the Shandong pilot free trade zone inaugurated
The Qingdao area of the Shandong pilot free trade zone (FTZ) was launched, at a ceremony on Saturday.
5G to boost China's digital economy: expert
5G technology is predicted to help drive a growth of 15.2 trillion yuan (2.1 trillion U.S. dollars) in China's digital economy from 2020 to 2025, an industry expert said Saturday.
China's AI chip market to exceed 12 bln yuan in 2019: report
China's market of Artificial Intelligence (AI) chips is expected to reach 12.4 billion yuan (about 1.73 billion U.S. dollars) in 2019, a 50-percent year-on-year growth, according to a report released Friday.
China's manufacturing activity index dips, industrial upgrade continues apace
The purchasing managers' index (PMI) for China's manufacturing sector dipped to 49.5 in August from 49.7 in July, the National Bureau of Statistics said Saturday.
China's new FTZs inaugurated to push forward opening up
China's new pilot free trade zones (FTZs) were inaugurated Friday, in a bid to press ahead with reform and opening up.
Trump praises Germany's negative bond yield as part of his bash at Fed
US President Donald Trump is praising Germany's negative bond yield as part of his tactic to pressure the Federal Reserve to lower interest rates.
China-U.S. economic ties cannot be severed: MOC
The interests of China and the United States have been deeply integrated, and the economic ties of the two countries cannot be severed by any party, an official said Thursday.
China has sufficient countermeasures, opposes mounting trade war: MOC
China has sufficient countermeasures but what should be discussed under current circumstances is the elimination of the further additional tariffs to be imposed by the United States on 550 billion U.S. dollars worth of Chinese imports, a spokesperson for the Ministry of Commerce said Thursday.
China clarifies tariff hike rate, exemption issues for listed U.S. imports
Imports from the United States that appear more than once on China's tariff hike lists will be subject to the combined tariff rates, the Customs Tariff Commission of the State Council said Thursday.
Apple apologizes for listening to Siri talk, sets new rules
Apple on Wednesday apologized for its digital assistant Siri sharing some of what it heard with quality control workers as it unveiled new rules for handling data from conversations.
Costco China over-crowded, closes early on 1st day
Costco stock was up 5% to $292.38 Tuesday after the company's first physical store in China opened in Shanghai. The store was forced to close early following large, traffic-jam causing crowds.
A-shares weighting set to be raised
Three leading global index compilers are raising the weighting of Chinese A-shares in their global indices. This is estimated to bring additional funds of over 36 billion US dollars into the A-share markets.
Former U.S. Fed official warns against central bank caving in to Trump pressure
A former senior official of the U.S. Federal Reserve said the central bank should not provide offsetting stimulus to mitigate the damage to the U.S. economy done by the trade dispute with China.
Costco's first store in China closes early due to overcrowding
Costco closed early on the very first day that it opened in China due to an overwhelming flood of customers on Tuesday afternoon.
Chinese to make 800 mln trips in National Day holiday: Ctrip
Chinese citizens will make about 800 million trips to destinations at home and abroad during the upcoming National Day holiday, according to a report from China's largest online travel agency Ctrip.
2019 Smart China Expo kicks off in Chongqing
China has announced a master plan for six new pilot free trade zones to press ahead with the reform and opening up in the new era.
Six new pilot free trade zones to be set up in China
China has announced a master plan for six new pilot free trade zones to press ahead with the reform and opening up in the new era.