Business

New rail link between China and London

A new freight train service between London and the German freight hub of Duisburg has launched, with an onwards connections to China.

China's e-book market to hit 5.34 bln USD by 2020

The trade volume of China's e-book market is expected to reach 33.5 billion yuan (about 5.34 billion U.S. dollars) by 2020, according to a report printed in the People's Daily Tuesday.

‘Chinese Dream’ for Western Companies

Western companies are increasingly pursuing the 'Chinese Dream' of trading opportunities in China.

Microsoft turns to former rival to improve internet security

Microsoft is turning to a former rival to improve the security of computing devices.

Starbucks to train workers on 'unconscious bias,' CEO says

Starbucks wants to add training for store managers on "unconscious bias," CEO Kevin Johnson said Monday, as activists held more protests at a Philadelphia store where two black men were arrested after employees said they were trespassing.

China's Q1 GDP grows 6.8 pct year on year

​The Chinese economy saw a solid start to the year with a 6.8-percent growth in the first quarter, official data showed Tuesday.

ZTE responds to U.S. purchase ban

Chinese telecom equipment maker ZTE Corp. said in a statement on Tuesday morning that it is aware of the denial order activated by the United States Department of Commerce.

China urges US to treat Chinese companies lawfully, fairly

China's Ministry of Commerce on Tuesday urged the United States to create fair, just, and stable legal and policy environment for Chinese companies.

China's Didi ride-sharing company highlighted at UN event

Didi Chuxing, a major ride-sharing company from China that provides transportation services for hundreds of millions of users, on Monday was used to illustrate what is the "sharing economy" during a UN event in Geneva.

China encourages central SOEs to gradually adjust industrial structure

China is encouraging central state-owned enterprises (SOEs)to gradually adjust their industrial structure, the country's SOEs regulator said Monday.

Iconic Chinese sedan brand to open 100-plus sales centers

Chinese automaker FAW Group plans to open more than 100 dealerships for Hongqi (Red Flag), the country's iconic sedan brand, this year.
 

China's strong and solid economic performance in Q1

The Chinese economy has started the first quarter of 2018 on a strong note with better than expected data, indicating steady and sustainable economic growth.

China's central SOEs to keep opening up

China's central state-owned enterprises (SOEs) will continue opening up to increase imports and expand cooperation with other firms, the country's SOEs regulator said Monday.

Tesla to test fast breaking of hyperloop project

Tesla CEO Elon Musk has announced plans to test fast breaking of its Hyperloop project. Designers hope to be able to stop the carriages in just 1.2 kilometers.

Starbucks CEO apologizes for racist arrest, amid criticism, protest

Starbucks' chief executive apologized in a press release Sunday for a recent racist arrest in one of the coffee stores, which triggered demonstration on the street and condemnation on social media.

China's central SOEs see drop in asset-liability ratio in Q1

China's central state-owned enterprises (SOEs) saw a drop in their asset-liability ratio in the first quarter of this year thanks to deleveraging efforts, the country's top SOE regulator said Monday.

Chinese central SOEs profit up 19.4 pct in Q1

China's central state-owned enterprises (SOEs) saw their net profits surge 19.4 percent in the first quarter of the year, China's top SOE regulator said Monday.

Trade fair facilitates cooperation among Belt and Road countries

The ongoing annual international trade fair in north China's Tianjin Municipality highlighted cooperation among Belt and Road countries.

Chinese, Japanese trade ministers pledge to enhance economic cooperation

Trade ministers of China and Japan pledged to further enhance bilateral economic and trade cooperation during their meeting on Sunday.

Private sector significant to Chinese economy: NBS

The private sector has played a significant part in the long-term rapid development of the Chinese economy, the statistics authority has said.

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