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Push to boost trade growth to continue

[2016-09-21 07:14]

The Ministry of Commerce vowed on Tuesday to continue its attempts to boost trade growth - as it said the trade outlook remains dim despite recent signs of improvement.

Sinotruk revs up factory plans

[2016-09-21 07:14]

China National Heavy Duty Truck Group, the country's largest truck manufacturer by revenue, will speed up efforts to develop manufacturing facilities in countries along the Belt and Road to battle sluggish exports, a senior company executive said.

LeEco raises $1b to bankroll electric, networked sports car

[2016-09-21 07:14]

Chinese internet major LeEco announced on Tuesday that it has raised $1.08 billion to bankroll the development of its electric sports car, a critical step toward the company's ambitious goal of producing cars that are more advanced than Tesla Motors Inc's.

Lufthansa, Air China sign accord to operate European routes

[2016-09-21 07:14]

Deutsche Lufthansa AG and Air China Ltd signed a cooperation agreement that will enable the two members of the Star Alliance group to take on competition from the rival Skyteam partnership and boost earnings.

Yuan settlement expands along the Belt and Road

[2016-09-21 07:14]

Kashgar, a major prefecture of northwestern China's Xinjiang Uygur autonomous region, has developed renminbi cross-border payment and receipt business with 15 countries and regions between 2011 and June 2016, said a central bank official on Tuesday.

What's news

[2016-09-21 07:14]

Govts & policies

Alibaba-backed firm eyes scale

[2016-09-21 07:14]

Alibaba Group Holding Ltd's delivery affiliate will continue to prioritize growth over profits as it builds the logistics network at the heart of the Chinese e-commerce giant's global expansion.

Amazon cuts delivery time to beat its rivals

[2016-09-21 07:14]

As the Chinese e-commerce logistics firm backed by Alibaba Group Holding Ltd seeks to expand despite losses, the latter's global rival, Amazon.com Inc, is focusing on improving its own distribution operations in the United States.

Apple ditches free return policy

[2016-09-20 08:10]

Apple has scrapped its longstanding free-of-charge return policy in Hong Kong and Macao, in a sign of the tech giant's determination to deter scalpers from making a quick buck on its newly launched handsets.

Hangzhou house transactions leap

[2016-09-20 08:10]

The transaction volume of apartments in Hangzhou jumped more than 180 percent week-on-week between Sept 12 and Sept 18 as investors flocked to the city to buy second homes before the launch of home purchase limits on non-residents buyers.

Investors bet $7.3b on No 1 port in Australia

[2016-09-20 08:10]

A group of global investors including QIC Ltd agreed to pay A$9.7 billion ($7.3 billion) to run Australia's busiest maritime hub for 50 years, betting on steady income from the port's daily stream of containers and new cars.

JD.combuilds up high-end image

[2016-09-20 08:10]

Chinese ecommerce giant JD.com showcased a collection of six luxury Chinese fashion brands during London Fashion Week on Monday in an attempt to advance its image from a regular e-commerce platform toward a high-end quality fashion marketplace.

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