Business
China unveils plans to boost rental housing market
China Wednesday announced plans to allow the issuance of securities backed by residential rental properties amid its drive to foster the growth of rental housing market.
China announces tax cuts worth 60 bln yuan for innovative, small businesses
China will make further tax cuts worth over 60 billion yuan (about 9.5 billion U.S. dollars) to drive innovation and entrepreneurship and boost the development of small and micro businesses, the State Council said Wednesday.
Kweichow Moutai inks deal with Britain, eyes European expansion
Kweichow Moutai, one of China's leading liquor makers, has signed an agreement with the UK Wine and Spirit Trade Association that will help lead the company's push into the EU market.
China to seek breakthroughs in core technologies: official
China's Ministry of Industry and Information Technology says the country will further enhance its cooperation with other countries in relation to cutting-edge technologies.
Audi and Mercedes battle for China sales
The battle to be the largest luxury car manufacturer in China is hotting up. These reveal that, whilst Audi was the largest luxury maker for 2017, Mercedes-Benz has held the top spot so far in 2018.
DiDi launches auto alliance to build integrated car operator platform
Chinese ride-sharing giant Didi Chuxing has partnered with 31 auto industry firms to build an integrated car operator platform, the company announced Tuesday.
Robot concierge unveiled in Shanghai bank
A state-owned Chinese bank has opened an automated branch offering services with robots and virtual reality machine.
Trump says Mnuchin, USTR to travel to China for trade talks in days
U.S. President Donald Trump said on Tuesday that Treasury Secretary Steven Mnuchin and U.S. Trade Representative (USTR) Robert Lighthizer will travel to China in a few days for trade talks.
EU seeks to join U.S.-China talks on steel, aluminum tariffs at WTO
The European Union (EU) has sought to join the consultations at the World Trade Organization (WTO) requested by China with the United States on the recent U.S. steel and aluminum tariffs, the WTO said on Monday.
Argentina to buy 200 Chinese-made train carriages
Chinese railway giant CRRC has signed a contract worth 278 million U.S. dollars with Argentina's Ministry of Transport to provide 200 new subway cars to refurbish the country's largest commuter system.
China's Alibaba signs agreement with automakers to connect cars to homes
Chinese e-commerce giant Alibaba has signed an agreement to supply its artificial intelligence technology to global automakers, assisting Mercedes-Benz, Audi, and Volvo car owners in China to control their cars from home.
Tencent Pictures sets up film distribution subsidiary
Tencent Pictures, the film unit of Chinese tech giant Tencent, has set up a distribution subsidiary aiming to boost its influence on cinemas.
China to broaden market access, expand imports: ambassador
Chinese Ambassador to the Great Britain said on Monday that his country has "sounded the trumpet of greater openness", pledging broader market access and more attractive investment environment.
WTO members concerned over U.S. steel tariffs
Several WTO members expressed their concerns and disappointment with the recent decision by the US to impose tariffs on imports of steel and aluminum products, during a meeting of WTO Safeguards Committee.
Chinese tycoon buys first customized Hongqi limousine
The first customized Hongqi L5, or "Red Flag," China's homegrown car brand, has been bought by Chinese tycoon Cao Dewang, founder and head of the world's top auto glass manufacturer Fuyao Glass.
First batch of 5G terminals to be released next year
The first batch of 5G terminals, including data terminals, smartphones and other products are expected to be released in China during the second half of 2019, reports Xinhua News Agency.
ZTE says it is seeking solution to U.S. export ban
Chinese telecom equipment maker ZTE Corp. is taking steps to comply with a U.S. denial order, the company said in a statement Sunday.
Hainan places tougher restrictions on property purchases
Authorities in Hainan on Sunday imposed tougher restrictions on property purchasing that applies to the entire territory of the southern island province.
IMF chief calls on US, China to resolve trade tensions through multilateral institutions
Christine Lagarde, managing director of the International Monetary Fund (IMF), Saturday called on the United States and China to resolve trade tensions through rules-based multilateral institutions.
China's online retail sales grow over 34 pct in Q1
China's online retail sales maintained high-speed growth in the first quarter, official data has showed.