Economic review

China sets up committee to improve freight rail services to Europe

2017-05-27 11:06:00

A committee was set up in Beijing Friday to coordinate the development of freight rail services between China and Europe. Full Story

Qualcomm powers up for chip JV

2017-05-27 10:35:00

U.S. chip giant Qualcomm Inc announced on Friday it will set up a new joint venture in China to build chips for entry-level smartphones, in a move to complement its existing high-end product portfolios. Full Story

China industrial companies post strong growth in first four months

2017-05-27 10:34:00

China's major industrial firms posted double-digit growth in profits in the first four months of this year, the National Bureau of Statistics (NBS) said Saturday. Full Story

SF speeds up global expansion

2017-05-27 10:34:00

SF Holding Ltd said on Friday it is speeding up its global expansion. It has firmed up plans to set up a joint venture with international delivery behemoth UPS Parcel Delivery Service Ltd. Full Story

Report says State enterprises must beef up cybersecurity

2017-05-27 10:23:00

State-owned enterprises participating in the Belt and Road Initiative and with overseas operations need to enhance their cybersecurity immediately in the wake of mounting threats to online data, a report released by the 360 Threat Intelligence Center on F Full Story

China, Bulgaria hope to deepen agricultural cooperation

2017-05-27 10:05:00

China's Yunnan province and Bulgaria hope to deepen agricultural cooperation within the Belt and Road Initiative and the 16+1 mechanism, officials said here on Friday. Full Story

Xinjiang exports liquid chemical to Europe via freight train

2017-05-27 09:41:00

A freight train loaded with 2,000 tonnes of liquid chemical departed Friday from Korla city in northwest China's Xinjiang Uygur Autonomous Region to the German city of Ludwigshafen. Full Story

Xi's special envoy to attend opening ceremony of railway in Kenya

2017-05-27 09:40:00

Chinese State Councilor Wang Yong will attend a ceremony in Kenya to mark the completion of the railway linking Mombasa and Nairobi, a Chinese Foreign Ministry spokesperson said Friday. Full Story

Chinese ports eye one-stop customs clearance this year

2017-05-27 09:37:00

Chinese authorities will work to promote an integrated "single window" platform nationwide by the end of this year, allowing companies to declare cargo and taxes with a single submission, a move to facilitate trade and streamline administration. Full Story

Change in yuan rate calculation to ease 'herd effects'

2017-05-27 09:20:00

China is considering introducing a "countercyclical factor" to adjust the way it calculates the yuan's daily reference rate against the dollar, according to a statement by the country's foreign exchange trading system on Friday. Analysts said the move Full Story