Having served more than three decades at the world's biggest oil producer, few know better than Amin Nasser about Saudi Arabian Oil Company, also known as Saudi Aramco.
E-commerce powerhouses in China are extremely bullish about strengthening trade ties and invigorating economic activities in economies along the Belt and Road Initiative, industry observers said.
Apple Inc reported a drop in revenue in China for its fiscal second quarter ended April 1, the fifth consecutive quarter of decline in the region, caused by ever-growing competition from local rivals.
China National Petroleum Corp, the country's largest oil and gas producer, has pumped the first crude oil through the China-Myanmar oil pipeline and the oil is expected to arrive in China within three weeks, the energy giant said on Wednesday.
Chinese media owners, especially the internet ones, are quickly catching up with their international counterparts in terms of advertising income.
FRANKFURT/BEIJING - HNA Group Co, the Chinese aviation-to-hotels conglomerate, increased its stake in Deutsche Bank AG to almost 10 percent, overtaking Blackrock Inc as the top shareholder in Europe's biggest investment bank.
China's effort to reduce the corporate tax burden has played a positive role in boosting economic growth, experts said on Wednesday, calling on the government to further deepen tax reform to cushion the potential impact of US President Donald Trump's proposal for massive corporate tax cuts.
American small and medium-sized businesses such as retailers of cosmetics, apparel, maternal and baby products, and health supplements and even farmers are cashing in on the huge purchasing power of China's vast and fast-growing middle class through e-commerce while creating jobs for the Americans.
The surge in buying products via cross-border e-commerce in China is set to expand to a much wider population base by 2020, a study has found. The driving force is a higher standard of living for the middle class. Researcher eMarketer estimates that by 2020, a quarter of the opulation, or more than half of all digital buyers, will shop directly on foreign-based sites or through third parties. Cross-border e-commerce imports into China grew about 30 percent to $182 billion (1.25 trillion yuan) in 2016 and will grow at a similar pace in 2017, said research firm iResearch.
The first pilot project to use China National Nuclear Corporation's cutting-edge third-generation ACP100 nuclear reactor has completed its preliminary design stage and is qualified for construction in Hainan province.
International toy retailer Toys "R" Us Inc is expected to open at least 30 to 40 stores annually in China, mostly in major cities while reaching more customers with its online stores.
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Raymond Zhou
Op Rana
Berlin Fang
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Huang Xiangyang
Chen Weihua
