The nation's top economic regulator is paying close attention to the factors surrounding a surge in the price of mobile phone storage chips, with the activities of some major chipmakers such as Samsung causing the government particular concern, according to people familiar with the matter.
The price of memory chips, key components in mobile phones and computers, is likely to continue rising until the end of 2018, when the technology matures to enable greater production capacity, analysts said on Tuesday.
A Chinese consortium led by China Railway Corp will participate in bidding for a high-speed railroad linking Singapore and Malaysia in 2018, marking another step in China's ambitious strategy to export its high-speed railway technologies to Southeast Asia.
Countries taking part in talks on the Regional Comprehensive Economic Partnership are expected to hold four more rounds of meetings, which may involve a gathering of state leaders in 2018, said a Ministry of Commerce official on Tuesday.
China has finalized rules including punishments for illegal activities, and the definition of sensitive countries and sectors on outbound direct investment, the country's top economic regulator announced on Tuesday.
The Ministry of Finance has issued a clear warning to local governments in China to get their financial affairs in order as the central authorities step up the battle to curb the growth of "implicit debt" in the year ahead.
China's industrial output is expected to rise by around 6.5 percent this year, marking the best performance since 2010, as the Made in China 2025 strategy helps to boost productivity and revenue growth.
Shares of Apple Inc's suppliers fell on Monday after the Taiwan-based Economic Daily News reported that the tech behemoth has cut its sales forecast for the iPhone X due to sluggish sales in the Chinese mainland, the world's largest smartphone market.
State-owned China National Cereals, Oils and Foodstuffs Corp, also known as COFCO, has set a goal of becoming the largest food trader in the world by 2020 to rival global giants, according to its top executive.
China's imports of liquefied natural gas surged sharply in November as the nation experienced fuel shortages amid peak winter demand and the government's drive to cut coal use.
GUANGZHOU - As China waves goodbye to its phase of rapid growth to embrace high-quality development, Chinese producers are aiming to break new technological frontiers in the pursuit of quality.
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