Business
China's energy giants to form joint venture
Two Chinese energy giants, China Shenhua Energy Company and GD Power Development Co., have agreed to transfer their coal-fired entities and assets to form a joint venture.
Intel senior executive impressed about Chinese AI research, development
Intel Vice President of Strategy Innovation and Planning of Programmable Solutions Group Vincent Hu said Saturday that he is very much impressed about artificial intelligence (AI) research in China in recent years.
Chinese online entertainment platform Bilibili files for U.S. IPO
Chinese online entertainment platform Bilibili has filed for an initial public offering (IPO) of 400 million U.S. dollars with the U.S. Securities and Exchange Commission.
China's February CPI forecast at about 2.5 pct: report
China's consumer price index (CPI) growth for February, a main gauge of inflation, is expected to pick up to 2.5 percent, according to a report from China International Capital Corporation.
Brexit could bring Lithuania closer to China, US in FinTech race
The fourth hub is vying to use Brexit as an opportunity to grow in the FinTech sector. After China, the UK, and the US, Lithuania is keen to attract British firms to move there.
China's EV manufacturer BYD inks landmark labor contract in U.S.
China's electric vehicle manufacturer BYD Coach & Bus signed a labor contract with the International Association of Sheet Metal, Air, Rail and Transportation Workers Union (SMART) Local 105 on Thursday.
Airbus receives 10 new orders on light helicopters from China
Airbus Helicopters has received orders for seven H125 and three H130 light helicopters from Heliflite China.
Could 'Arctic Corridor' link China and Europe freight via Finland?
The excellent strategic location of Finland which makes the flight so short could soon prove to be useful in cutting shipping costs and times for freight and cargo traffic between China and Europe.
Ancient Falangcai bowl to be auctioned in April for estimated 26 mln USD
A rare Pink-Ground Falangcai Bowl, which was believed to have been made during the period of Qing Emperor Kangxi (1662-1722 A.D.), is to be auctioned at the Sotheby's Hong Kong Chinese Works of Art Spring Sale Series.
Chinese rail expertise in growing overseas demand
As China's domestic railways and trains have rapidly grown to become some of the very best in the world, demand for Chinese rail technology in other countries has soared.
China, U.S. should upgrade bilateral economic cooperation: scholars
Some Chinese scholars are suggesting that it's unlikely to see a trade war between China and the United States. But meanwhile, they are also calling on both sides to work towards improving bilateral economic cooperation.
China's service trade deficit rises in January
China's service trade deficit continued to rise for a third month in January, data from the State Administration of Foreign Exchange (SAFE) showed Wednesday.
China's mobile payment apps expand worldwide
China's mobile payment apps are expanding their reaches in the global market as Internet giants such as Alibaba and Tencent seek to promote their e-payment tools overseas.
China's manufacturing activity expands slower
China's manufacturing sector expanded at a slower pace in February with high-tech industries growing strongly.
Baidu's video service iQiyi files for US IPO
Chinese video streaming service iQiyi, a unit of Baidu, has filed for an initial public offering of up to $1.5 billion with the U.S. Securities and Exchange Commission.
China's Fosun acquires Brazilian company Guide Investimentos
Chinese conglomerate Fosun International Limited announced Tuesday it had acquired a Brazilian institutional brokerage and wealth management firm.
China banking sector's total assets reach 252 trln yuan
Total assets in China's banking sector saw steady growth in the past few years despite economic headwinds, with leading domestic players assuming greater presence in the global system.
China Mobile to build world's largest 5G test network
China Mobile has announced plans to build the world's largest 5G test network, reports thepaper.cn.
Alibaba set to acquire Ele.me
E-commerce conglomerate Alibaba Group Holding plans to buy out and take full control of online food-delivery service company Ele.me, financial news outlet Yicai said on Thursday.
Huawei unveils world's first 5G commercial chip
Chinese mobile giant Huawei has unveiled its first 5G chip, which the company claims is the world's first commercial chipset that meets the latest 5G standards, reports People's Daily.