Economic review

WeChat announces stricter rules on external links, will hit video-sharing platforms

2018-05-21 10:06:00

Tighter restrictions on external links announced by WeChat on Friday might be a "blow" to video platforms that pose threats to it, an industry insider told the Global Times on Sunday. Full Story

China's energy development accelerates due to opening-up, int'l cooperation

2018-05-21 09:43:00

With the start-up of its second ethylene cracker in south China this month, the cooperation between China National Offshore Oil Corporation (CNOOC) and Shell Petrochemical Company entered a new stage. Full Story

Nation boosting financial opening-up

2018-05-21 09:41:00

The China Banking and Insurance Regulatory Commission (CBIRC) is actively boosting the implementation of financial market opening-up measures, a senior official from the regulator said at a forum on Saturday. Full Story

Hainan launches 100-day investor initiative

2018-05-21 09:21:00

China's southernmost island province of Hainan launched a 100-day event starting on May 20 to attract global investment to help advance its development as a pilot international free trade zone. Full Story

Realty's asset securitization gets fine start

2018-05-21 09:04:00

Overseas financing of Chinese real estate companies surged 107 percent year-on-year to reach $23.32 billion from January to April. Foreign capital mainly flowed in through purchase of bonds issued by Chinese realty firms. Full Story

Shenzhen aims to be global technology innovation hub

2018-05-21 09:00:00

The local government aims at building Shenzhen into a core engine, in terms of both technology innovation and financial support, driving development of the Guangdong-Hong Kong-Macao Greater Bay Area and, by 2035, into a global technology innovation hub. Full Story

'Unicorns' keep up steady gallop in innovation

2018-05-21 08:46:00

Government officials, investors and high-tech industry executives from China and the U.S. met to share their thoughts about the unicorn ecosystem in Silicon Valley and how counterparts in the world's two largest economies can collaborate better. Full Story

Talks in U.S. ward off trade war

2018-05-21 08:24:00

The consensus that there will be "no trade war" means a lot, not only for the Sino-U.S. economic relationship, but also for the global economy as a whole. Full Story

Int'l community welcomes outcome of China-U.S. trade talks

2018-05-21 02:27:00

On Saturday, China and the United States issued a joint statement, vowing not to launch a trade war against each other. The international community welcomed this consensus reached by the world's two largest economies. Full Story

U.S. treasury secretary says U.S., China reach important framework deal on trade

2018-05-21 02:24:00

U.S. Treasury Secretary Steven Mnuchin said on Sunday that the United States and China have reached a deal on a "very important" framework concerning their economic and trade ties, and the two sides have agreed to put a possible trade war on hold. Full Story