Business

World's bestselling Cirrus Aircraft delivers 7,000th plane

Cirrus Aircraft Corporation announced that it has delivered its 7,000th general purpose aircraft, reports thepaper.cn.

Starbucks opens outlet in China's coffee production base

U.S. coffee giant Starbucks opened its first outlet in Pu'er City, southwest China's Yunnan Province on Thursday, placing the coffee chain close to China's largest coffee production base.

China to host 7th China-EU High-level Economic and Trade Dialogue

​China's Ministry of Commerce (MOC) said on Thursday that the 7th China-EU High-level Economic and Trade Dialogue will be held in Beijing on June 25.

Oppo dazzles Europe with new premium phone

High-end Chinese technology firm Oppo has launched its latest mobile phone model, the Find X, in Paris.

EU retaliatory tariffs on U.S. products to come into effect on Friday

The European Union's retaliatory tariffs on a list of products in response to the United States tariffs on steel and aluminium will come into effect on Friday.

AI chip unicorn Cambricon is industry's most valuable startup

China's first artificial intelligence (AI) chip unicorn Cambricon is now valued at 2.5 billion U.S. dollars after its B-round financing, the highest valuation among global smart chip startups.

China's trust sector reports slowdown amid risk prevention

Total assets managed by Chinese trust companies reported the first quarterly drop in two years as the government has placed increasing emphasis on financial risk prevention.

French oak in demand in China

Demand amongst Chinese consumers for quality wooden furniture and floorings has apparently resulted in record demand for French oak producers.

China's banking, insurance sectors maintain sound performance

China's top banking and insurance industry regulator said Tuesday that the two sectors have been performing on solid footing, with risks under control.

China to open service sector wider: official

New steps are being taken in China to open up this country's service sector to more investment through new reform projects.

Govt plans to raise personal income tax threshold

​China's personal income tax threshold is expected to rise to 5000 yuan ($775.5) per month from the current 3500 yuan level, according to the amendment draft on individual income tax submitted on Tuesday.

China's Xiaomi postpones planned CDR offering

​Chinese tech giant Xiaomi will postpone its planned share offerings via China Depositary Receipts (CDRs) issuance in the mainland market, the country's securities regulator said Tuesday.

JD.com launches robot deliveries in Beijing's Haidian district

China's e-commerce giant JD.com has launched robot deliveries in Beijing's Haidian district.

Alibaba expands presence in Malaysia with new country office

Alibaba Group's new Malaysia office, also its first country office in Southeast Asia, came into operation on Monday, as the Chinese tech giant continues its overseas expansion in the Southeast Asian region.

Google to invest 550 million USD in JD.com

Google has announced its purchasing 0.93 percent of the A-shares of China's e-commerce giant JD.com. The deal is worth 550 million U.S. dollars, reports thepaper.cn.

Croatian food manufacturers eye Chinese market

Croatian manufacturers of agricultural products are looking forward to exporting their best to China.

BYD recalls more than 10,000 cars over defective airbags

Chinese electric vehicle manufacturer BYD has announced a recall of more than 10,000 cars to replace potentially faulty airbags, according to the country's top quality supervisor.

Alipay helps Chinese fans enjoy World Cup in Russia

As Chinese soccer fans head to Russia for the World Cup, Alibaba's mobile payment app Alipay is helping to make their visit a little easier, reports Xinhua News Agency.

Foreign Ministry spokesperson's remarks on U.S. tariff announcement

China expressed its firm opposition after the Office of U.S. Trade Representative published a list of Chinese goods subject to additional tariffs.

China MOC spokesperson's remarks on U.S. tariff announcement

In response to the U.S. trade measures on China,  a spokesperson of China's Ministry of Commerce said Friday that the two countries have conducted rounds of consultations on bilateral trade, trying to settle disputes.

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