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Foreign trade set to exceed $4t

[2017-12-29 07:36]

China's foreign trade volume is expected to exceed $4 trillion in 2017 if there are no special circumstances based on figures accumulated in the first 11 months, the Ministry of Commerce predicted on Thursday.

Rules set for bar code, QR code payment

[2017-12-29 07:36]

Bar code and quick response code payment, which has already become indispensable in most Chinese people's daily lives, will finally enter an officially regulated new era after six years of trial operations.

Cleaner, greener Yangtze on the agenda

[2017-12-29 07:36]

China will close all petrochemical enterprises and sewage outlets in environmentally sensitive areas along the Yangtze River by the end of June next year, the National Development and Reform Commission said on Thursday.

JingChi eyes mass production of driverless cars

[2017-12-29 07:36]

JingChi Corp has set the goal of mass producing a fleet of up to 1,000 self-driving vehicles in 2018 - one of the most ambitious production targets in China for such vehicles.

Kweichow Moutai to raise prices by 18% from next year

[2017-12-29 07:36]

Kweichow Moutai Co Ltd, China's signature high-end spirit maker, announced on Thursday that it would raise the prices of its products by an average of 18 percent next year.

What's news

[2017-12-29 07:36]

CBRC revises rules for overseas banks

Convertible bond prices head south on higher supplies, stock market fluctuations

[2017-12-29 07:36]

Stock market fluctuations and increased supplies were responsible for the recent drops in convertible bond prices, analysts said.

Industrial firms' profit increase weak in Nov

[2017-12-28 07:55]

Profits of China's industrial enterprises grew at their slowest pace in seven months in November, but analysts said the profit growth of those firms will not fall sharply in the coming months.

LG to invest $4.7b in new OLED plant

[2017-12-28 07:55]

LG Display Co, one of the world's biggest manufacturers of display panels used in smartphones and televisions, will invest 5 trillion won ($4.7 billion) to build an OLED, or organic light-emitting diode, panel production plant in Guangzhou, capital of Guangdong province.

Renewable energy efficiency to improve

[2017-12-28 07:55]

China will solve the problem of renewable energy going to waste by 2020, the head of the National Energy Administration said on Tuesday.

Geely to become AB Volvo's largest shareholder

[2017-12-28 07:55]

Zhejiang Geely Holding Group will become the largest shareholder of AB Volvo by capital after it agreed to acquire 8.2 percent equity and 15.6 percent voting rights in the Swedish manufacturer of trucks, buses, construction equipment and engines.

NEV tax rebate extends to 2020

[2017-12-28 07:55]

China will extend its favorable tax policy for new energy vehicles to the end of 2020 to stimulate the innovation and development of electric cars, plug-in hybrids and fuel cell cars, the Ministry of Finance said on Wednesday.

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