Business

China's Xiaomi enters French market with all-new Mi MIX 2S, Redmi Note 5

Chinese technology giant Xiaomi Inc. on Tuesday announced its entry into the French market by bringing the all-new Mi MIX 2S and Redmi Note 5, along with a wide range of internet of things (IoT) products, to local customers.

China moves to offer easier access for foreign investment

China is quickening preparations for the introduction of new practices to cut red tape for business filing and registration of foreign-invested enterprises. 

China's e-commerce exports soar in 2017: report

China's e-commerce exports rose 14.5 percent year on year to 6.3 trillion yuan (1 trillion U.S. dollars) in 2017, according to a report released by the E-commerce Research Center (ECRC).

U.S., China move toward deal to settle ZTE issue: report

The United States and China are nearing a deal that will remove an existing order banning American companies from supplying Chinese telecommunications firm ZTE Corp, reported Reuters and the Wall Street Journal.

Tech companies dominate Fortune 500

Technology companies dominated this year's Fortune 500 list released on Monday, with Apple, Amazon, Alphabet, Microsoft, and IBM, among others, all in the top 50.

Ceasing trade war embodies US and China's mutual appeal: Liu He

The head of the Chinese delegation which took part in the latest round of US-China trade talks in Washington is putting a positive spin on the results of the sessions.

China to rachet up crackdown on e-commerce click farms, fake sales

China will increase its crackdown on fraudulent practices in the country's e-commerce sector.

Facial recognition technology could be used in Beijing subway

Transportation authorities in Beijing are working on easier ways for passengers to pay for access to the city's subway system, including facial recognition technology, reports Beijing Youth Daily.

China's energy development accelerates due to opening-up, int'l cooperation

With the start-up of its second ethylene cracker in south China this month, the cooperation between China National Offshore Oil Corporation (CNOOC) and Shell Petrochemical Company entered a new stage. 

Local governments in the U.S. look for Chinese investment

Communication between Chinese businesses and local governments in the United States has continued despite the trade tensions between the two sides.

Didi resumes hitchhiking service with revamped security measures

China's ride share company Didi restarted its hitchhiking service after it was closed following the killing of a young female passenger earlier this month, reports Beijing Youth Daily.

Galeries Lafayette second China store to open this year

French high-end department store Galeries Lafayette will open its second China store in Shanghai by the end of this year.

Chinese, U.S. business leaders discuss development of global unicorn enterprises

Chinese and U.S. business executives, investors and hi-tech representatives met in Silicon Valley Friday to discuss the ecosystem of global unicorn enterprises and their strategic development in the future.

Starbucks plans ambitious expansion in Chinese market


Starbucks has planned an ambitious expansion in the fast-growing Chinese market by doubling its number of coffee shops to 6,000 across China by fiscal 2022.

Central bank figures show fall in household deposits last month

The latest figures from the People's Bank of China show that household deposits fell by 1.32 trillion yuan (207 billion US dollars) in April. 

China's new energy automakers dealing with subsidy cut

Over the past months, many new energy vehicle (NEV) manufacturers in China have found themselves in an unfamiliar situation: sales continue to increase, but profits are significantly declining.

Trump meets with Chinese vice premier on ties

U.S. President Donald Trump on Thursday met with Chinese President Xi Jinping's special envoy and Vice Premier Liu He to discuss bilateral ties here at the White House.

China, EAEU sign agreement on trade, economic cooperation

China and the Eurasia Economic Union (EAEU) on Thursday signed an agreement on trade and economic cooperation, the first major systematic arrangement ever reached between the two sides.

China does not want escalated China-U.S. trade disputes: MOC

A spokesperson for China's Ministry of Commerce says China does not expect an escalation of its trade disputes with the United States.

Chinese researchers use waste cartons to remove heavy metals from water

Chinese researchers have developed a nano material using waste cartons that can remove a toxic heavy metal from water.

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