Business

US move against ZTE will hurt US companies: media

The move by the U.S. Department of Commerce to ban exports to Chinese telecom manufacturer ZTE has been criticized by several leading global news organizations. 

China welcomes U.S. Treasury Secretary's proposed trip to China

China has received information that the U.S. Treasury Secretary Steven Mnuchin wishes to make a trip to China to negotiate economic and trade issues. A Ministry of Commerce spokesperson says China welcomes this information.

Trade protectionism unfavorable for U.S. innovation development: experts

As the U.S. has been taking various actions to restrict China's investment in high-tech sector, many insiders from the U.S. business and academic circles say those moves will be unfavorable for the country's own innovation development.

China's property loan growth slows amid tough purchase restrictions

Loans to China's real estate sector grew at a slower pace in the first quarter as government purchase restrictions remain in place in major cities, data from the central bank showed.

China has most business entities in the world

China tops the world in the number of business entities thanks to years of market access reform. There were 100.24 million business entities across the country in March.

Indigenous technology vital for China: expert

A Chinese expert says the recent ban by the United States on sales to a leading Chinese telecom equipment maker will get its own enterprises into trouble, and will also speed up China's push towards independence in its own technology industry.

China continues anti-dumping measures on cellulose pulp imports

China's Ministry of Commerce (MOC) announced Friday that it will continue to impose anti-dumping duties on cellulose pulp imported from the United States, Canada and Brazil.

Alibaba buys Chip Manufacturer C-SKY Microsystems

Alibaba Group Holding has acquired Hangzhou C-SKY Microsystems Co., Ltd., an integrated circuit design house, in a bid to increase its own chip-making capability, Alibaba said Friday.

Alibaba helps Thailand sell agriculture products online to China

Thailand's Commerce Minister Sontirat Sontijirawong gifted founder of China's e-commerce giant Alibaba Jack Ma with a fresh "golden pillow," the kingdom's most famous variety of durian, at a signing ceremony on Thursday.

Soilless culture turns desert into vegetable gardens

Soil-free growing techniques have been used in northwest China's desert areas to grow vegetables.

U.S. ban "unfair," "unacceptable": ZTE

Chinese telecom equipment maker ZTE Corp. said in a statement on Friday that it will not accept a ban by the United States on the company, calling the decision "unfair."

Driverless delivery vehicle starts trials in Zhejiang

​The smart vehicle was developed by Cainiao, a company devoted to building a smart logistics network in China.

China announces anti-dumping measures on imported chlorobutyl rubber

China's Ministry of Commerce (MOC) announced Thursday that it will impose provisional anti-dumping measures on chlorobutyl rubber imported from the United States, the European Union, and Singapore.
 

China reviewing Qualcomm's bid to buy NXP Semiconductors: MOC

China is reviewing U.S. smartphone chip supplier Qualcomm's bid to acquire its Dutch rival chipmaker NXP Semiconductors based on anti-trust laws, the country's Ministry of Commerce (MOC) said Thursday.

Chinese telecoms to pilot 5G technology in big cities

China's three major telecom operators have been approved to set up 5G networks in around a score of cities, including Beijing, Shanghai, Chengdu, Shenzhen and Xiong'an.

Still no talks over trade dispute between China, U.S.: MOC

There have not been any bilateral talks over trade frictions between China and the United States, China's Ministry of Commerce said Thursday.

U.S. will hurt itself with action on ZTE: MOC

China's Ministry of Commerce (MOC) said Thursday that the U.S. action against China's leading telecom equipment maker ZTE Corp will damage itself.

China sees more unicorn firms in Q1: report

China has seen the number of unicorn companies steadily grow in the first quarter of this year, a report showed.

U.S. and China need cooperation instead of trade wars: Bloomberg

The United States and China, the most important trade partners to each other, need cooperation instead of trade wars, said Michael Bloomberg, founder of Bloomberg L.P., in New York on Wednesday.

Jet makers looking to China's market for rapid growth

The Asian Business Aviation Conference & Exhibition in Shanghai is focused on the future of autonomous passenger drones, in-flight digital security, carbon off-setting, and new routes through Asia.

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