BEIJING — China’s top economic official set a robust growth target Monday and promised more market opening and cuts in a bloated steel industry that has inflamed trade tensions with Washington and Europe. The growth…
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Chinese Animation Streaming Platform Bilibili Heads for U.S. IPO
The company aims to raise some $400 million in fresh capital. The disclosure comes only days after iQIYI, one of China’s leading video streamers, revealed details of its IPO on the NASDAQ exchange. In its…
‘Make China medieval again’: Beijing finalizes its push to let President Xi rule indefinitely
BEIJING — China’s government pledged Monday to deliver robust growth, pursue advanced technology and boost military spending while urging the public to embrace President Xi Jinping’s rule as its ceremonial legislature prepared for changes to…
China boosts defense spending, rattling its neighbors’ nerves
BEIJING (Reuters) – China unveiled its largest rise in defense spending in three years on Monday, setting a target of 8.1 percent growth for this year, fuelling an ambitious military modernization program and making its…
‘Beijing’s Silicon Valley’ offers express green cards for foreign spouses of top Chinese talent
Beijing is offering streamlined permanent residency for the foreign spouses and children of top-tier Chinese talent at the capital’s hi-tech hub as it tries to recruit skilled professionals. The benefits for workers at the Zhongguancun…
No. 2 spender China to boost defence spending in 2018
BEIJING — China’s defence budget will rise 8.1 per cent to 1.1 trillion yuan ($173 billion) this year as the country prepares to launch its second aircraft carrier, integrate stealth fighters into its air force…
Xi term-limits controversy looms at China political meeting
China’s fraught relations with North Korea, its dispute with South Korea over missile defence and perennial sparring with the U.S. over trade and regional security are among the hot-button issues likely to be raised at…
China boosts defense spending amid military modernisation
China on Monday unveiled its largest rise in defense spending in three years, setting a target of 8.1 per cent growth over 2017, fueling an ambitious military modernisation program amid rising concerns over its security.…
European brands to steal the show at Intertextile Shanghai
European brands are set to steal the show at the upcoming Intertextile Shanghai Apparel Fabrics show in China, one of the leading apparel fabric and accessories exhibitions in the world. The show that provides an…
China’s sports industry eyes global market
[Photo/China Daily] FUZHOU – Zheng Jie was excited when he saw Chinese athletes wearing outfits produced by his company at the closing ceremony of the 2018 Pyeongchang Winter Olympics. “Our brand caught world attention at…
Mid-range hotels grow in China on consumption upgrade of the middle class
Pedestrians walk past Holiday Inn Express on West 39th Street in New York. The hotel brand is making an effort to foray into third- and fourth-tier cities in China. [Photo/Agencies] Boosted by the emerging middle…
Changan president proposes to promote China auto brands, intelligentize auto products to 13th NPC
Shanghai (Gasgoo)- Zhu Huarong, President of Changan Automobile Co., Ltd (Changan Auto) will deliver his proposal focusing on the image promotion of China’s auto brands and intelligentization for auto industry at the 13th National People’s…
China says defence budget to rise 8.1 per cent in 2018
BEIJING — China’s defence budget will rise 8.1 per cent to 1.1 trillion yuan ($173 billion) this year as the country prepares to launch its second aircraft carrier, integrate stealth fighters into its air force…
