Business
Milestone approval in 5G standards
The international body that sets 5G standards approved the completion of the standalone (SA) Release 15, 5G specifications on Thursday, another essential step to standardize 5G following the release of 5G New Radio (NR) specifications for nonstandalone (NSA) operation last year.
Germany set to host Chinese electric car battery firm
Contemporary Amperex Technology is a leader in battery technology for electric cars, and is apparently planning to choose Germany to be the location of its first European factory.
China, Panama launch free trade negotiations
China and Panama on Tuesday launched negotiations for a free trade agreement, one year after they established diplomatic relations, according to China Central Television.
Car-hailing service Didi Chuxing resumes some night 'hitch' rides
Car-hailing service Didi Chuxing said on Wednesday that it will partially resume its nighttime "hitch" service to meet user demand.
China eases restrictions on institutional investor programs
China said Tuesday that it would ease restrictions on foreign institutional investors in a step to open its financial market wider.
Top economic planner to set up fund to support strategic emerging sectors
China's top economic planner has signed a memorandum with China Construction Bank to set up a fund investing in strategic emerging sectors.
China Oceanwide's acquisition of Genworth confirmed by US
The US Committee on Foreign Investment has approved the acquisition of American insurance company Genworth by China Oceanwide Holdings Group Co., reports thepaper.cn.
NEV sales continue to surge in China
Sales and production of new energy vehicles (NEV) maintained fast growth in China amid government efforts to encourage their use and ease pressure on the environment.
Mobike launches new deposit free plan in another one hundred cities
Chinese sharing bike giant Mobike has announced that users in another 100 Chinese cities will no longer have to pay a deposit before using the service, reports thepaper.cn.
China's inflation remains benign
With consumer price growth continuing to be mild and factory prices of industrial products slightly edging up in May, China's inflation remains benign.
China to scrap limits on foreign holdings in banks, asset management companies
China plans to cancel rules that limit foreign investment in domestic banks and financial asset management companies in its latest effort to push forward financial opening up.
China's ZTE reaches new deal with U.S.
The US government has struck a new deal with Chinese telecom giant ZTE, resolving a controversy that had put the Chinese cellphone maker in peril.
Tencent, Geely win joint bid to provide Wi-Fi on high-speed trains
Automaker Geely and IT giant Tencent have won a joint bid to buy 49 percent of the equity of Train Network, a subsidiary of China Railway Corporation and sole provider of Wi-Fi services on China's high-speed trains.
China starts trial implementation of CDR rules
China's top securities regulator on Wednesday issued rules on a test run of issuance and trading of China Depositary Receipts (CDRs).
Alibaba's delivery arm to build logistics hub in Hong Kong
Alibaba's delivery arm, Cainiao Network, announced Wednesday that it will lead a joint venture to build a new logistics center at Hong Kong International Airport to enhance its global logistics capabilities.
EU initiates new WTO compliance proceedings over Airbus subsidies
The European Union (EU) has requested dispute consultations with the United States at the World Trade Organization (WTO), to address the EU's claim that the EU and its member states have complied with the WTO ruling on subsidies to Airbus.
Shanghai factory to be Tesla's first outside the U.S.
Tesla's global sales manager Robin Ren has confirmed that the company is building its first overseas factory in Shanghai.
China's service trade continues to grow
China's service trade surged 11.9 percent year on year in the first four months of this year, up from 11.4 percent in Jan.-March.
BMW, Volvo, Porsche to recall defective cars in China
BMW, Volvo, and Porsche have filed plans to recall a total of more than 10,000 defective cars in China.
Apple developers conference kicks off with introduction of new OS updates
The Apple Worldwide Developers Conference (WWDC) 2018 started Monday in Silicon Valley, the United States, with the launch of new updates and productivity tools for iOS, macOS, watchOS and tvOS.