The Chinese government's fiscal revenue may grow at a slower pace from the second quarter, under pressure from intensive tax cuts, weaker industrial price inflation and external uncertainties, said an official from the Ministry of Finance on Wednesday.
China will double the number of its existing business aircraft in the next decade, and will become the world's third-largest business aviation market only behind the United States and the Europe, according to market observers attending the 2018 ABACE air fair in Shanghai.
British automakers said that proposed cuts to Chinese import tariffs could offer a welcome boost to the country's car industry as it contends with declining exports to the European Union.
Huawei Technologies Co has scored another victory in the global race toward commercializing fifth-generation mobile communication technology, after the Chinese telecom equipment maker's 5G-ready products won official approval for commercial use in Europe.
As China aims to commercialize 5G services in 2019, one year ahead of its previous schedule, a new report shows that the country is already slightly ahead of South Korea and the United States in the race to develop fifth generation wireless networks.
Despite a shaky global recovery and rising trade protectionism, the Asian economy will maintain robust growth in the upcoming years, as countries in the region deepen economic cooperation and benefit from the Belt and Road Initiative, renowned economists and officials recently said at the Boao Forum for Asia annual conference.
For some of the top-notch beauty brands, China is playing a vital part in reshaping the perception of the role of online sales.
Sun Art Retail, which operates leading supermarket chain RT-Mart and Auchan in China, is on course to digitalize its offerings and services, five months after being acquired by Alibaba Group Holding Ltd, an example of the push into New Retail.
Social media giant Tencent Holdings Ltd is sitting on an advertising gold mine by monetizing its blockbuster WeChat app.
China's central bank announced a cut in some financial institutions' reserved cash amount by 1 percentage point from April 25 to support small and micro enterprises and stabilize liquidity in the banking system, according to a statement on its website released on Tuesday.
China has decided to impose provisional anti-dumping measures on grain sorghum imported from the United States, the Ministry of Commerce said in preliminary anti-dumping ruling on Tuesday.
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