CNPC Southeast Asia Pipeline Co Ltd, a subsidiary of China National Petroleum Corp, the country's biggest oil producer, is actively looking for new gas sources to ensure sufficient natural gas supply for the China-Myanmar gas pipeline.
China's mobile phone shipments declined by 12.3 percent in 2017, highlighting the mounting pressure on domestic smartphone players, which are looking to intensify their push to go global this year, analysts said on Thursday.
China on Thursday expressed concerns over the "glass door" or "swing door" restrictions on Chinese investment by the United States citing national security concerns.
Huawei Technologies Co Ltd has won another patent victory in China over its South Korean competitor Samsung Electronics Co Ltd, amid increasingly fierce competition in the world's largest smartphone market.
Shanghai is considering to increase regulatory function to its existing municipal financial service office and is researching possibilities to set up a specialized financial court to better supervise the financial market, said a senior official on Thursday.
The 5G, or fifth-generation, ambitions of China's top telecom-equipment-makers - Huawei and ZTE - are on display this week at the Consumer Electronic Show in Las Vegas.
China's consumer inflation increased by 1.6 percent last year, lower than the yearly control target of 3 percent. Analysts said it will moderately rise by over 2 percent this year, but will not trigger any major monetary policy adjustment.
China will levy tax on businesses and public institutions that discharge pollutants from April onward, based on the country's Environmental Protection Tax Law, which came into effect on Jan 1.
The liquidity position of Dalian Wanda Commercial Property Co Ltd, the property developer owned by Chinese billionaire Wang Jianlin, has drawn market attention and raised questions about the developer's financial health after its credit ratings were cut to junk.
Apple Inc's iCloud services on the Chinese mainland will be operated by a local company from Feb 28, marking the latest push by the United States tech giant to meet local consumers' growing demand for better cloud services.
Livestreaming quiz applications are witnessing an explosive surge in China by drawing in a record number of participants in just a few days, making it the next growth frontier of the livestreaming sector in China.
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Raymond Zhou
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Chen Weihua
