Economic review

CPEC's major energy plant inaugurates to benefit 10 mln locals

2017-05-26 15:16:00

The first generate unit of the Sahiwal power plant inaugurated on Thursday, marking that the first major power plant under the China-Pakistan Economic Corridor (CPEC) start to generate electricity for Pakistani people and will meet power demand of 10 mill Full Story

Beijing praises German stance on China's status in the WTO

2017-05-26 15:05:00

China praised Germany's position over Article 15 in the protocol on China's accession to the World Trade Organization, saying it hopes to see Germany continue to play a positive role on the issue. Full Story

Oil prices plunge after OPEC decision to extend cuts

2017-05-26 14:44:00

Oil prices finished sharply lower on Thursday reflecting disappointment with the decision by the Organization of the Petroleum Exporting Countries (OPEC) to extend production cuts by nine months from investors' side, who had hoped for further cuts. Full Story

Think-tanks mull BRICS cooperation at new forum in Shanghai

2017-05-26 14:42:00

The first BRICS Pragmatic Forum held in Shanghai on Thursday saw in-depth discussions about cooperation between the BRICS group of five major emerging economies C Brazil, Russia, India, China and South Africa. Full Story

Chinese smartphones now the best-selling in the world

2017-05-26 14:37:00

Smartphones from Chinese companies now outsell those made in other countries, according to the latest data. Full Story

China emphasizes importance of economic and trade cooperation with U.S.

2017-05-26 14:05:00

China's Ministry of Commerce has published a report on economic and trade relations with the United States. Full Story

Int'l infrastructure forum to focus on innovation, sustainability: Macao official

2017-05-26 13:50:00

The 8th International Infrastructure Investment and Construction Forum will focus on building a diversified, innovative, and sustainable infrastructure with industry connectivity, an official said here Thursday at a briefing. Full Story

UPS, SF Holding announce joint delivery service

2017-05-26 13:36:00

Logistics giants UPS and SF Holding on Friday announced a joint venture to provide international delivery service from China to the U.S. and eventually include other destinations. Full Story

Ford China to have new boss following carmaker's top leadership reshuffle

2017-05-26 13:24:00

Peter Fleet has been appointed chairman and CEO of Ford China to lead the US carmaker's operations in the world's largest auto market, according to the company. Full Story

Time-honored 'zongzi' brand sticks to tradition

2017-05-26 11:15:00

With the fresh smell of reed leaves, as well as the scent of rice and meat wafting through the air, the Wu Fang Zhai factory is a scene of orderly tension as workers prepare stacks of orders for the upcoming Duanwu Festival, also known as Dragon Boat Fest Full Story