Business
China's 2017 growth shows "high gold content"
China's economic growth pickup in 2017 was better than expected and accompanied by improving quality, efficiency, and structure, a spokesperson for the country's top economic planner said Monday.
China's maritime economy expands by 7.5 pct in recent five years
The gross production value of China's maritime industry grew by 7.5 percent annually on average in the past five years, accounting for nearly 10 percent of the country's GDP.
China to hold international AI competition
China will hold an international artificial intelligence (AI) competition in February this year, with prize money totalling 5 million yuan (about 781,000 U.S. dollars), the organizer said Sunday.
WeChat opens its first unmanned store in Shanghai
China's largest social media platform WeChat has opened its first unmanned store in Shanghai. Snacks, beverages, coffee, clothing, household items, flowers and even a bike are available at the store.
China's ride-hailing giant DiDi pledges to think big in Brazil
Chinese ride-hailing giant DiDi has taken steps to grow its business in Brazilian markets, where the company acquired a home-grown counterpart called 99 earlier this month.
Live streaming revenue exceeds 30 bln yuan in China in 2017
The revenue from live streaming reached 30.45 billion yuan (4.76 billion U.S. dollars) in China last year, an official from the Ministry of Culture has said at a live streaming forum.
Shanghai first Chinese city to top 3 trillion yuan GDP
Shanghai became the first city in China, the world's second-largest economy, to top GDP of 3 trillion yuan ($469 billion) and achieved higher-than-expected growth last year, official data revealed on Friday.
Airbus delivers 176 aircraft to China in 2017
Airbus delivered 176 commercial aircraft to China in 2017, its eighth consecutive year of more than 100 deliveries, announced Airbus China on Friday.
Next iPhone software update will allow users to disable intentional slowdown
Apple has announced plans to allow iPhone users to decide for themselves whether to slow down their phones’ performance to extend battery life.
Tencent, Google sign long-term patent cross-licensing agreement
Chinese tech giant Tencent announced Friday it has signed a long-term patent cross-licensing agreement with Google, covering a broad range of products and technologies.
China-constructed solar power complex in Morocco begins grid connection
The second phase of Morocco's giant solar power complex, Noor II, successfully began synchronization to the grid on January 10, 2018, according to the project's Chinese contractor.
Hong Kong jobless rate below 3% for first time in nearly 20 years
Hong Kong's unemployment rate in the fourth quarter of 2017 dropped below 3 percent for the first time in nearly 20 years, statistics from the city's government show.
Emirates throws Airbus A380 lifeline with $16 billion deal
The Middle East's largest airline has signed a deal with Airbus to buy 20 of its A380 double-decker jets. The deal could prevent the European plane maker from ending production altogether of the jet.
US approves Chinese acquisition of US company in a rare move
U.S. authorities have cleared the acquisition of a U.S. semiconductor manufacturer by a Chinese counterpart for the first time since Donald Trump assumed office.
Chinese e-commerce giant to invest 20 billion yuan in NE China
Chinese e-commerce giant JD.com plans to invest more than 20 billion yuan (3.1 billion U.S. dollars) in the "rust belt" northeast China over the next three years.
China retail sales up 10.2 pct in 2017
China's retail sales of consumer goods grew 10.2 percent year-on-year to reach 36.63 trillion yuan (about 5.69 trillion U.S. dollars) in 2017, official data showed Thursday.
China's fixed-asset investment up 7.2 pct in 2017
China's fixed-asset investment (FAI) grew 7.2 percent year on year in 2017, 0.3 percentage point slower than that recorded in the first three quarters, and 0.9 percentage point slower than a year earlier.
China's industrial output expands 6.6 pct in 2017
China's industrial output expanded 6.6 percent in 2017, accelerating from 6 percent growth in 2016, official data showed Thursday.
Google opens Shenzhen office, third in China
The U.S. tech giant Google has opened an office in the southern Chinese city of Shenzhen, sina.com.cn reported.
China's real estate investment up 7 pct in 2017
China's investment in real estate development grew 7 percent year on year in 2017, 0.1 percentage point faster than a year earlier, the National Bureau of Statistics (NBS) said Thursday.