Business / Latest News

Li to open investment door wider

[2016-06-29 02:02]

Premier Li Keqiang promises wider market access for foreign investment and intensified efforts to tackle financial risks.

AIIB rules out irrational financing moves

[2016-06-29 07:13]

The Asian Infrastructure Investment Bank will finance projects as per prudential norms, avoiding irrational moves, Jin Liqun, the lender's president, said on Tuesday.

Danish company speaks at Summer Davos on Chinese market potential

[2016-06-28 20:06]

Novozymes of Denmark, the world's largest industrial enzymes maker, said the company sees more business opportunities through innovation in the fields of household care, agriculture and bioenergy, all of which are expected to deliver a strong growth in China.

Experts praise China's banking sector

[2016-06-28 19:56]

Chinese banking sector will not have a crisis because the source of funding in the system is secure and the healthy balance sheet of the central government can shoulder any shock to the system, experts at the Summer Davos said on Tuesday.

Cutting industrial capacity an urgent task: NDRC

[2016-06-28 15:54]

China's GDP growth rate cannot be lower than 6.5 per cent, Xu Shaoshi, chairman of the National Development and Reform Commission, the country's top economic planner, said on Saturday.

China needs foreign businesses in economic transition: premier

[2016-06-28 15:30]

China will expand market access for foreign investment to help drive industrial upgrades and economic transition, Chinese Premier Li Keqiang said on Tuesday.

Airbnb shares optimism on China

[2016-06-28 13:32]

The sharing economy has huge potential in China, where the younger generation are ready to embrace new ways of doing business and living, senior management of Airbnb believe.

Tianjin Binhai offers one-stop services to investors, entrepreneurs

[2016-06-28 09:15]

Tianjin Binhai New Area vows to keep a compact government, providing one-stop services to investors and entrepreneurs in the town.

China, Egypt zone in Tianjin to expand

[2016-06-28 08:22]

As companies are embracing opportunities made possible by China's Belt and Road Initiative, a leading Tianjin firm is not lagging behind.

BYD bets big on electric cars

[2016-06-28 07:14]

BYD Co Ltd, a major Chinese new-energy vehicle manufacturer, said on Monday it plans to sell 1 million electric vehicles by 2020, betting big on the booming industry.

Xiaomi to open 1,000 experience stores and emerge as 'Muji in tech sector'

[2016-06-28 07:55]

Smartphone vendor Xiaomi Corp said on Monday it plans to open 1,000 offline experience stores over the next three to four years and continue to expand its product portfolio.

Address by Premier Li Keqiang at the Opening Ceremony Of the Tenth Annual Meeting of the New Champions

[2016-06-28 09:29]

It's a great pleasure to meet you again in Tianjin. At the outset, I wish to congratulate, on behalf of the Chinese government, the opening of the Annual Meeting of the New Champions, and extend sincere welcome to all our guests coming from afar and friends from the press.

China will not be fazed by Brexit - ecnomist

[2016-06-27 20:43]

The China-UK relations will not be affected by the Brexit. And the European Union may be more united learning from the mistake, said economist Li Daokui on Monday at the Summer Davos Forum in Tianjin.

Baidu to produce driverless cars in five years

[2016-06-27 20:42]

Search engine giant Baidu plans to mass-produce driverless cars in five years, said company president Zhang Yaqin on Monday.

Beijing to rival Silicon Valley in 5 years: Uber CEO

[2016-06-27 19:07]

"We had regulatory resistance in over seventy countries around the world and most of those places that we've gone to, when people asked what places have been easiest to do business, I surprise them by saying China", said Uber Technologies Inc CEO Travis Kalanick last Sunday at the Annual Meeting of the New Champions held in Tianjin.

China to continue opening up to aid economic transition: Premier

[2016-06-27 15:35]

China will continue opening up its service and general manufacturing sectors and keep the renminbi generally stable within a reasonable and proper range, Chinese Premier Li Keqiang said Monday.

Schwab: World will adjust to Brexit

[2016-06-27 10:14]

Global economic fundamentals are sound and the world will find new solutions to deal with the unexpected British vote to leave the European Union, said Klaus Schwab, founder and executive chairman of the World Economic Forum.

Xiaomi to go public in nine years: Lei Jun

[2016-06-27 14:17]

Lei Jun, founder and CEO of Xiaomi Corp, said on Monday the Chinese smartphone vendor will go public in nine years.

Premier promises steel, coal capacity cuts

[2016-06-27 15:18]

China will cut excess capacity in steel and coal as part of its economic structural reform, Premier Li Keqiang vowed as he addressed the opening of the Annual Meeting of the New Champions 2016, or Summer Davos, in Tianjin on Monday.

Premier Li calls for reform to revive world economy

[2016-06-27 15:09]

Chinese Premier Li Keqiang made proposals on promoting the stable recovery of the world economy at the Annual Meeting of the New Champions 2016, or the Summer Davos Forum, in Tianjin, North China.

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