China's manufacturing activities, measured by the official Purchasing Managers Index, softened in October after two consecutive months of expansion, the National Bureau of Statistics said on Tuesday.
China will put in place a unified gross domestic product calculation system in 2019 that will see the National Bureau of Statistics take over data collection responsibilities from local authorities. The unified calculation will replace the current system in which national GDP and regional data are calculated separately by the NBS and regional offices.
Finnish telecom giant Nokia Corp and German carmaker BMW Group plan to increase their investments in China, reinforcing they are bullish about their future prospects in the country.
Government officials and trade experts from both China and the United States expressed their strong discontent with the US move last Friday to announce a preliminary decision against Chinese aluminium foil product exporters.
Chinese logistics firm SF Express has unveiled an ambitious development plan that hinges on full-scale drone deliveries including utilization of large unmanned freight aircraft.
China's quality-focused growth model and its further opening-up will benefit the global economy and international governance systems, officials said.
Due to the drastic reduction in digital camera sales resulting from consumers' changing habits, leading Japanese digital camera maker Nikon announced on Monday the closure of its plant in Wuxi, Jiangsu province.
The impending arrival of Apple Inc's iPhone X is being greeted with growing enthusiasm among consumers in China, who are rushing to preorder the company's most expensive and advanced smartphone.
China is expected to speed up reforms of State-owned enterprises in the coming year with SOE restructuring high on the agenda of local governments.
US networking site LinkedIn is looking to cater to the career advancement needs of individuals and corporate users in China and also form partnerships with mature ecosystems in the local market, a top executive said.
Last week, the 19th National Congress of the Communist Party of China learnt that since the last congress in 2012, as many as 34 central State-owned enterprises, or SOEs, have been restructured, with their overall number falling to 98 from 117.
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Raymond Zhou
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