Business

Strong growth of renewable energy consumption in China predicted

China's renewable energy consumption is expanding rapidly, with an expected rise of 9.5 percent per year from 2016 until 2040, according to a BP report.
 

China's largest trade fair opens

China's largest trade fair opened its 123rd session Sunday in south China's Guangdong Province, attracting more than 25,000 companies as exhibitors.

China eyes wider opening up with QDII reform

China is taking another step in opening up the financial market with reform of the Qualified Domestic Institutional Investor (QDII) scheme.

'Made in China' is changing

The message reflects a transformation in the way in which Chinese manufacturing is seen in Europe.

China's goods trade surplus shrinks in Q1: customs data

The latest customs data show that China's trade surplus shrunk, while imports grew faster than exports, in the first quarter of the year.

Online services drive economic growth and consumption

New enterprises and the development of new business models have become crucial drivers of growth and the structural transformation of China's economy.

China's new yuan loans expand, M2 growth cools

China's new yuan-denominated loans in March expanded to 1.12 trillion yuan (about 177.8 billion U.S. dollars), 93.4 billion yuan more than the same period a year earlier, the central bank data showed Friday.

New data link between China and Europe

There's a new data connection between China and Europe, thanks to a partnership between China Telecom Global Limited and Transtelecom of Kazakhstan.

Nobel winner says US moves undermine int'l trade system

Nobel Prize-winning U.S. economist Joseph Stiglitz says the U.S. protectionist measures against China would harm its own economy and undermine a rule-based international trading system.
 

Self-driving electric truck successfully completes testing at Tianjin Port

​A domestically-developed self-driving electric truck has successfully completed testing at the Tianjin Port on Thursday.

China's trade surplus narrows 21.8 pct in Q1

China's goods trade surplus shrank 21.8 percent in the first quarter of this year as imports grew faster than exports, customs data showed Friday.

WTO: Global trade growth expected to remain strong

​The World Trade Organization says that global trade is expected to remain strong, but escalating trade tensions may already be affecting business confidence and investment decision.

British motor industry sees hope in China tariffs

China, which has the world’s largest automotive industry, has revealed plans to cut import tariffs on vehicles. This has been received positively by the British motor industry.

White House considers re-joining Pacific trade pact

The White House is considering re-entering the Trans-Pacific Partnership (TPP), a trade pact that President Donald Trump pulled the United States out last year.

German carmaker VW names new CEO after urgent meeting

German carmaker Volkswagen named new chief executive officer on Thursday evening after its supervisory board held an urgent meeting.

World trade growth expected to remain strong in 2018 at 4.4 pct: WTO

The World Trade Organization said the global trade is expected to remain strong, with the merchandise trade volume will grow 4.4 percent in 2018 and 4.0 percent in 2019. 

Gov'ts should stay steer clear of trade protectionism: IMF head

International Monetary Fund (IMF) Managing Director Christine Lagarde said earlier in Hong Kong that import restrictions hurt everyone and governments need to steer clear of protectionism in all its forms.
 

To solve current disputes centering on trade issues, WTO is needed: ITC head

Global trading problems such as overcapacity, intellectual property disputes and trade deficits cannot be solved bilaterally, but need a multilateral approach, the head of the International Trade Center (ITC) said Wednesday. 

U.S.-China trade war could hit Washington state hard: U.S. business leader

Any trade war between the United States and China is worrisome, but if it escalated and tariffs imposed, "it will hit Washington particularly hard," said a former business leader in the U.S. west Pacific state of Washington on Wednesday.

FDI into Chinese mainland sees steady growth

Foreign direct investment (FDI) into the Chinese mainland saw steady growth in March and the first quarter of 2018, new data showed Thursday.

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