China.org.cn / Business

Sunday, Oct 22


Property market expected to continue stabilizing: official

China's property market is expected to continue stabilizing in the fourth quarter of this year, a senior official said Sunday.


China to achieve annual economic growth target

China's economy is expected to attain or surpass the government's annual growth target of around 6.5 percent this year, a chief economic planner said Saturday.

Direct flight connects SW China and New York

China's Hainan Airlines has opened a direct air route connecting Southwest China's Chongqing municipality and New York.

Saturday, Oct 21


Private investment maintains steady, sustained growth

China's private investment has kept growing at steady and sustained pace this year, a senior official said Saturday.


China to achieve annual economic growth target

China's economy is expected to attain or surpass the government's annual growth target of around 6.5 percent this year, a chief economic planner said Saturday.

Huawei launches Mate 10 series

Huawei Technologies Co Ltd unveiled its latest handsets Mate 10 series in China on Friday, as the smartphone vendor aims to challenge Apple Inc in the premium segment.


Anti-dumping duties on caprolactam imports extended

China's Ministry of Commerce (MOC) announced Saturday that it will extend anti-dumping duties on imports of caprolactam, a synthetic polymer widely used in textiles, from the EU and the U.S. for another five years.


Investors remain confident in China's securities market

Investor confidence in China's securities market remains strong, data from the China Securities Investor Protection Fund Corp. (SIPF) showed.


Shanghai stocks get FTZ boost

Shanghai-related stocks advanced on Friday as the city's Party chief confirmed plans to reinvent its pilot free trade zone as a world-class free port.


Belt and Road Initiative boosts Canton Fair

The China-proposed Belt and Road Initiative has brought more business opportunities to the China Import and Export Fair, commonly known as the Canton Fair.

Measures specified for PPP programs

The Shanghai bourse has come out with the guidelines for listing of public-private partnerships (PPP) in China.

China approves 9 IPO applications

China's securities regulator has approved IPO applications from nine companies, which will raise no more than 4 billion yuan (around 605 million U.S. dollars) in the A-share market.


Chinese home buyers wait as market cools down

Guo Lian has been busy informing potential buyers of second-hand home bargains in recent days, but few have made purchases.

Friday, Oct 20


1st Chinese electric locomotive runs in Serbia


China's first domestically produced electric locomotive began operating in Serbia, the Chinese manufacturer, CRRC Zhuzhou Locomotive, announced late Thursday.


Cooling measures help curb property market speculation


Speculations in first-tier cities' real estate market have been effectively curbed as city-specific measures are gradually showing influence, according to a spokesman for National Bureau of Statistics.

Nissan to suspend new car shipment in Japan

Japan's Nissan Motor Co. said on Thursday that it will suspend shipment of new cars from all of its domestic plants for two weeks after it found out that flawed inspection still carried on after it apologized for the malpractice earlier…

China plans commercial suspension rail lines

China is planning to build commercial suspension railway lines using lithium-battery powered trains to help address traffic jams and pollution at scenic areas, according to a Chinese academic.


BYD's brand new Midibus wins first European order


Connexxion, a large public transport company in the Netherlands, has announced Thursday to order 21 units of China's BYD's brand new Midibus, which will make its debut at the six-day Busworld Europe (Kortrijk) in Belgium.


China's regional jetliner in mass production


China's first domestic regional jetliner ARJ21-700 was delivered Thursday after its mass production was certified in July.

700 China-Europe freight trains to depart Xinjiang in 2017

A total of 700 China-Europe freight trains are expected to depart from Urumqi by the end of 2017.

Foreigners to get more access to China's banking sector

The nation will accelerate the opening up of its banking sector to foreign investors and consider steps to increase the upper limit of shareholding in Chinese financial institutions by foreign banks, the country's top banking regulator…

China's R&D spending reaches 2.1% of GDP in 2016

China's spending on research and development (R&D) accounted for 2.1 percent of GDP in 2016, the Ministry of Science and Technology announced Thursday.

Thursday, Oct 19


China's yuan funds for foreign exchange snaps 22-month decline

The central bank's yuan outstanding for foreign exchange rose in September, snapping a 22-month decline, data from China's central bank showed Thursday.


China's GDP expands 6.9 pct. in first 3 quarters


China's gross domestic product expanded 6.9 percent year on year in the first three quarters of 2017 to 59.3288 trillion yuan (about 8.9614 trillion U.S. dollars), the National Bureau of Statistics said on Thursday.


Chinese online consumer credit provider debuts on NYSE


Chinese online small consumer credit provider Qudian Inc. made its debut on the New York Stock Exchange (NYSE) on Wednesday, trading under the ticker symbol of "QD".

China greenlights 1st housing rental quasi-REIT


China recently gave the green light to a new financing product that is based on rental income from apartments in major cities.

China's railway investment to exceed $121b in 2017

This year's fixed investment in the railway sector might exceed 800 billion yuan ($121.04 billion), a target set by China Railway at the beginning of 2017, Economic Information Daily reported Wednesday, citing unnamed industry source.

PBOC says stable yuan likely soon

Yuan exchange rates will have a more stable foundation after the 19th National Congress of the Communist Party of China and the market will have a bigger role in determining the currency's value, a top central bank official said.


Homegrown hearts power domestic smartphone sector

Mobile chip market is no longer dominated by foreign brands as local manufacturers fight back to grab a slice of the market.

1st China-US investment database launched in New York


A comprehensive China-U.S. investment and cooperation database was launched on Wednesday in New York city, aiming at enhancing cooperation between the Chinese and U.S. business communities and promoting Chinese investment in the United…