Economic review

SOEs' internationalization process will be accelerated

2018-02-13 14:01:00

Xiao Yaqing, head of the State-owned Assets Supervision and Administration Commission (SASAC), said State-owned enterprises, large in size but inadequate to meet the standard of world-class enterprises at present, will be gradually developed into world-cl Full Story

About 20 mln UnionPay cards issued outside Chinese mainland in 2017

2018-02-13 13:12:00

About 20 million UnionPay cards were issued outside the Chinese mainland in 2017, taking the total number of cards issued overseas to about 90 million, the company said on Tuesday. Full Story

China imposes anti-dumping measures on imported chemicals

2018-02-13 11:24:00

China's Ministry of Commerce will impose anti-dumping measures on imported styrene monomer by requiring importers to pay a cash deposit on purchase. Full Story

China's brand value booms in past decade: report

2018-02-13 10:42:00

The combined brand value of Chinese companies will rise to 911.5 billion U.S. dollars in 2018, nearly ninefold that of 10 years ago, Brand Finance said in a report. Full Story

Shenzhen bourse plans listing tweaks

2018-02-13 10:33:00

The Shenzhen Stock Exchange, home for the mainland's technology companies and innovative startups, will accelerate the revamping of its listing rules in hopes of retaining high-growth companies in the home market and avoiding losing in the competition fo Full Story

New yuan loans hit record high

2018-02-13 10:31:00

China's new yuan-denominated loans in January hit 2.9 trillion yuan ($458.2 billion), 867 billion yuan more than in January 2017 and a record high, central bank data showed Monday. Full Story

COSCO to further expand e-commerce footprint

2018-02-13 10:29:00

China COSCO Shipping Corp Ltd, the country's biggest shipping company in terms of container vessels, will continue to develop e-commerce business and other tailor-made services with domestic and global partners this year, a top official said on Monday. Full Story

State Grid in clean energy push

2018-02-13 10:27:00

State Grid Corp of China will further push for a unified national electricity market in 2018, as part of its efforts to deepen power sector reforms, according to the company. Full Story

Insurance firms told to cap offshore financing

2018-02-13 10:19:00

China's insurance regulator said on Monday that insurance firms must cap their outstanding offshore financing that is backed by domestic guarantees at 20 percent of net assets as of the end of the previous quarter. Full Story

Fuel-cell cars set to get more impetus

2018-02-13 10:16:00

China will roll out policies to promote the development of fuel-cell cars and detail plans on the construction of hydrogen refueling stations, as the country steps up efforts to cultivate a globally competitive new energy vehicles industry, the top indust Full Story