GUIYANG, Aug. 3 (Xinhua) — China’s leading liquor maker Kweichow Moutai posted an operating revenue of about 69.58 billion yuan (about 9.75 billion U.S. dollars) in the first half of 2023, up 20.76 …
Monthly Archives For August 2023
China IPOs boom with Beijing’s double-edged involvement
SHANGHAI — China is increasingly counting on its stock market to boost the country’s startup scene, as Beijing seeks an edge in its rivalry with the U.S. on semiconductors and other technological …
China customizes financial support for small, medium, micro-sized enterprises
China will provide customized, diversified financial support for medium, small and micro-sized enterprises on key industrial chains of the manufacturing sector, the People’s Bank of China, the country …
China is not as powerful as the West might think
President Xi Jinping wants to project China as a powerful trade partner — or dangerous adversary — to virtually any country hoping to be successful in the 21st century. “The rise of the East, and…
China leads company count on Fortune Global 500 list again
A total of 142 Chinese companies, including those in Taiwan, made it to the annual list, marking the fifth consecutive year that Chinese companies topped the list in terms of number. The US and Japan…
China looks to limit children to two hours a day on their phones
Shares in IT companies fell on Wednesday after China’s internet regulator recommended that minors under the age of 18 limit their smartphone use to no more than two hours a day. The Cyberspace …
Norway interested in expanding co-op with China: Norwegian officials
OSLO – Cooperation with China has been benefiting Norway and the government has interest in expanding such cooperation, two senior advisors from the Norwegian government said on Wednesday.
China’s July services activity expands at quicker pace – Caixin PMI
China’s services activity expanded at a slightly faster pace in July, supported by a jump in business in the summer travel season, a private-sector business survey showed on Thursday, partly …
China’s natural science fund supports new ‘chiplet’ tech research to advance semiconductor self-sufficiency amid threat of new US sanctions
The National Natural Science Foundation of China (NSFC), a major domestic funding source for basic research and frontier exploration, has launched a new programme to finance dozens of projects focused on “chiplet” technology, which is…
With record youth unemployment, China’s jobs market is getting tougher for new graduates to crack
Most young people are ultimately getting jobs, but ones that might not pay the best or match their area of study, according to CNBC interviews.
China zoo denies its sun bears are people in costume
A zoo in eastern China has denied suggestions that some of its bears were people dressed in costume after videos of a Malayan sun bear standing on its hind legs – and looking uncannily human…
Experts: Steps needed to ease bank pressure
Lou said the central bank can alleviate the pressure on commercial banks’ profits by launching structural monetary policy tools to drive the cost of banks’ liabilities lower.
China starts restricting exports of germanium and gallium for tech product manufacturing
China recently announced new export restrictions on germanium and gallium – two fundamental elements for chip manufacturing. As of Tuesday, Chinese companies interested in doing business …
