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Second C919 to roll off the assembly line later this year

[2017-05-05 06:41]

Commercial Aircraft Corp of China Ltd announced on Thursday that a second homegrown large aircraft will roll off its assembly line this year, but the commercialization of the C919 will take two to three years.

Five named to man plane's 1st flight

[2017-05-05 06:41]

Five test pilots have been chosen for the maiden flight of the Chinese-built passenger jet C919 on Friday.

CRRC to build plant in Canada

[2017-05-05 06:41]

China Railway Rolling Stock Corp, the country's railway vehicle and equipment manufacturer and exporter, announced on Thursday that it will build a plant in Canada to further expand its marketing channels in North America.

Chinese demand for gold bars and coins soars in first quarter

[2017-05-05 06:41]

China's demand for gold bars and coins soared 30 percent year-on-year to 105.9 metric tons in the first quarter of this year, the fourth strongest quarter on record, according to report released by the World Gold Council on Thursday.

Young generation emerges as big spenders using credit

[2017-05-05 06:41]

The traditional frugality of Chinese people and their high rate of household savings are being challenged by the younger generation, who are motivated to spend with borrowed money, a new study has found.

What's news

[2017-05-05 06:41]

China moves on irregular financing

State Council tells lenders to improve range of services

[2017-05-05 06:41]

China's State Council has asked the country's big commercial banks to set up "inclusive finance" departments by the end of the year to offer small businesses and low-income households financial services at affordable costs.

Biggest oil producer expands ties with China

[2017-05-05 06:41]

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.

Belt & Road boosts e-commerce

[2017-05-04 06:51]

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.

Competition takes a bite out of Apple's second-quarter revenue

[2017-05-04 06:51]

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.

Oil flows through Myanmar pipeline

[2017-05-04 06:51]

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.

Local media groups chase ad revenue

[2017-05-04 06:51]

Chinese media owners, especially the internet ones, are quickly catching up with their international counterparts in terms of advertising income.

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