Economic review

Cargo train service flourishes between Zhengzhou, Hamburg

2017-12-13 16:54:00

Cargo trains made a total of 449 journeys between Zhengzhou, a transport hub in central China's Henan Province, and Hamburg, Germany between January and November this year, the operator said Wednesday. Full Story

S Korea bans trading of Bitcoin among certain people, financial institutions

2017-12-13 16:47:00

The South Korean government on Wednesday banned the trading of Bitcoin among certain types to people to prevent speculative investment in the cryptocurrency and prohibit it from being used in criminal purposes. Full Story

E-commerce brings quality China-made products to the world

2017-12-13 16:25:00

The rapid development of e-commerce is bringing more and more quality China-made products to consumers around the world, Economic Information Daily reported on Dec. 13. Full Story

Routes, stops of intercity line linking Beijing-Xiongan revealed

2017-12-13 15:53:00

An intercity line linking Beijing and Xiongan will stop at 5 stations, according to its environmental impact report released by China Railway Design Corporation on Tuesday. Full Story

Google to open AI center in Beijing

2017-12-13 14:46:00

Global technology giant Google announced on Wednesday the opening of its artificial intelligence (AI) center in China during its second developers conference in Shanghai. Full Story

China now a leading global force in digital economy: experts

2017-12-13 14:11:00

China's digital transformation is likely to have an increasing influence on the worldwide digital landscape, considering the profound impact it is already having on its own economy, experts said here late Monday. Full Story

ADB upgrades developing Asia's growth prospects on stronger-than-expected exports, domestic consumption

2017-12-13 14:04:00

The Asian Development Bank (ADB) upgraded on Wednesday its gross domestic product (GDP) forecast in developing Asia, saying that economic expansion in the region will accelerate to 6 percent in 2017 as stronger-than-expected exports and domestic consumpti Full Story

China to build national cybersecurity industrial park

2017-12-13 13:32:00

China will establish a world-class national cybersecurity industrial park to cultivate a 100 billion yuan (15 billion U.S. dollars) cybersecurity industry in Beijing by 2020. Full Story

U.S. economist warns of Bitcoin mania doubting its real social value

2017-12-13 13:29:00

Renowned U.S. economist Joseph E. Stiglitz said here Tuesday that he believes the crypto currency Bitcoin "has no social value" and that he would be surprised if the rally would continue in 2018. Full Story

Zhongan, Sinolink to tap into global market

2017-12-13 13:18:00

Chinese online insurance company Zhongan Online P&C Insurance Co said it will establish a joint venture with a Hong Kong-based investment firm to tap into overseas markets. Full Story