Airbus banking on China future

European aircraft manufacturer Airbus SE said on Friday that it was yet to start formal discussions with the Chinese authorities for setting up the final assembly line of its superjumbo A380 aircraft in the country, but remained confident of potential future cooperation opportunities.

Ping An shares rise on unit listing plan

Ping An Insurance(Group) Co of China Ltd shares listed in Hong Kong zoomed to a historical high of HK$93.40 ($11.94) on Friday after the insurer released an announcement about the financing channels of its technology subsidiaries.

Shanghai first Chinese city to top 3 trillion yuan GDP

Shanghai became the first city in China, the world's second-largest economy, to top GDP of 3 trillion yuan ($469 billion) and achieved higher-than-expected growth last year, official data revealed on Friday.

Domestic carriers allow in-flight mobile device use

A number of domestic airlines have announced that they will allow passengers to use in-flight portable electronic devices after the regulator loosened restrictions earlier this week. But, most internal flights are not yet equipped with Wi-Fi services and that is not set to change significantly in the near future.

IN BRIEF (Page 6)

CFIUS greenlights Akrion sale to Naura

Beijing-based Naura Microelectronics Equipment Co Ltd announced it has finalized a deal to buy the United States' Akrion Systems LLC, a semiconductor manufacturing equipment company, following approval from the Committee on Foreign Investment in the United States.

B&R adds 200,000 foreign jobs

China's outbound investment in economies participating in the Belt and Road Initiative climbed to some$70 billion between 2014 and 2017, providing more than 200,000 jobs for local people, according to a former top government official.

Tender, bid digitalization process ramps up

China will accelerate digitalization and information sharing for tenders and bids from this year, according to officials from the National Development and Reform Commission, the nation's top economic policy regulator.

HK separatists stoop to threats and blackmail

Four years ago when the Hong Kong Special Administrative Region was preparing for an electoral reform package with the aim of implementing universal suffrage for the chief executive election in 2017, there were threats of political consequences from those seeking a new electoral system.

Trump should not be blasé about possibility of trade war

The Chinese and United States economies have become so closely interwoven through trade in the past decades that a trade war would be costly, potentially debilitating, for both countries, with neither emerging a winner.

More transparent reporting will help supervise and secure national assets

IN A BID TO IMPROVE TRANSPARENCY, the State Council, China's Cabinet, is to report on an annual basis to the Standing Committee of the National People's Congress, China's top legislature, about the State-owned assets it manages. Beijing News commented on Thursday:

Red line drawn for land reclamation

CHINA HAS INTRODUCED its toughest regulation on land reclamation along the country's coastline, vowing to demolish illegally reclaimed land and stop approving general reclamation projects. Xinhua News Agency comments: