XIAMEN, China (Reuters) – China will give 500 million yuan ($76.4 million) for a BRICS economic and technology cooperation plan, and another $4 million for projects at the BRICS countries’ New Development Bank, Chinese President…
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China turns more to green energy for power supply
DONGYING (China): China is gradually turning to renewable energy to … We breed sea cucumber in the water, under the photovoltaic panels,” said business manager Tang Yongchao, adding that such methods would make the land…
China’s Xi says BRICS must promote open world economy
XIAMEN, China (Reuters) – The BRICS group of emerging economies must promote trade liberalization and an open world economy, Chinese President Xi Jinping said at a business meeting on Sunday at the start of a…
Chinese brands prepare full-screen smartphone launches to compete head-to-head with Apple’s iPhone 8
China’s top smartphone brands are lining up to launch their own full-screen models, in an attempt to steal the thunder of Apple’s much-hyped tenth anniversary edition, or the “iPhone 8”, set to be released on…
China approves eight IPO applications
BEIJING, Sept. 2 (Xinhua) — China Securities Regulatory Commission (CSRC) has approved IPO applications from eight companies. The firms will raise up to 3.7 billion yuan (around 561 million U.S. dollars), the CSRC said. Four…
Feature: Large number of Chinese brands show confidently at IFA 2017
1 to 6 in the German capital city of Berlin, attracting more than 600 Chinese exhibitors. At the same time, 2017 IFA China Brand Public Pavilion also opens its door since the first day of…
On China’s smartphones, a revolution in marketing, relationships and money
But it has been a lucrative business. Livestreaming last year alone was worth nearly $6-billion, investment bank China Renaissance Securities has estimated. In December, an estimated 344 million Chinese people tuned in to Internet livestreams.…
BYD powers into monorail business
BYD, China’s biggest electric carmaker … He said diversification into rail transport would open up new business opportunities for BYD and drive the company’s development in the future. According to the company’s interim financial results,…
China’s land ministry says to continue targeted policies
SHANGHAI: China will continue its targeted policies to address demand and supply in the property sector and stay on track with land supply plans, the Ministry of Land and Resources said on Saturday. The government…
China’s manufacturing sector is purring as overseas demand soars
Business Insider. Activity levels across China’s manufacturing sector continue to improve. The Caixin-IHS Markit manufacturing Purchasing Managers Index (PMI) rose 0.5 points to 51.6 in August, leaving it at a six-month high. This PMI measures…
Caterpillar China reaches milestone
“Caterpillar China has striven to build an integrated system for its mini excavator business, covering local R&D and manufacturing as well as the provision of components and parts,” said Chen Qihua, vice-president of Caterpillar and…
Doklam incident won’t hit India-China business, trade ties: Senior Economist
XIAMEN: As the three-day BRICS summit is set to begin on Sunday in China’s south-western city of Xiamen, Senior economist Sumedh Devrokar said that India-China business ties will not be affected by the Doklam like…
China’s Alipay introduced to Finland’s biggest department store
“China is way more advanced in mobile payments,” said Virkkala … In collaboration with ePassi, Alipay was first introduced to Finland last year, and the business was highlighted by a launching ceremony of the Single’s…