What's news

Govt and policies

Yuan set to play bigger role in global reserves, says HSBC

Global reserve managers expect 8.5 percent of foreign reserves to be invested in renminbi by 2020, according to a recent survey sponsored by HSBC, an international banking and financial services institution.

Delivering sustainable development

Please use three words to describe China's changes in the past 40 years.

Merck focuses on providing high-quality medicine, healthcare products

Please use three words to describe China's changes in the past 40 years.

Central bank confident of averting rate hike fallout

The People's Bank of China, the central bank, is now more confident about using flexible monetary policy tools to cope with an impending US funds rate hike later this week, without disturbing the predetermined financial deleveraging pace and interest rate reform, said economists.

Autonomous trucking gaining ground

Autonomous trucking is coming faster than expected in China as Chinese driverless truck startup Fabu Technology said on Tuesday that its driverless trucks had already taken part in open road tests and it plans to achieve intercity cargo transportation this year, which is expected to reshape radically the nation's freight transportation market.

JD to set up unmanned vehicle unit in Changsha

Chinese e-commerce giant JD will invest 2 billion yuan ($312 million) over the next three years to establish the headquarters of its unmanned delivery vehicles in Changsha, capital of Hunan province.

Lenovo dials up domestic smartphone business

Lenovo Group Ltd has integrated its smartphone business into its China regional group, as part of the tech heavyweight's broader push to refocus on its home country to revive its mobile business.

Center for settlement of yuan planned in Astana

Kazakhstan and China are planning to launch an RMB clearance and settlement center in the Astana International Financial Centre by the end of this year, according to the center's governor Kairat Kelimbetov.

China driving smart traffic development

Major Chinese cities are ranked among the world's mobility leaders thanks to their use of technology to drive the development of smart traffic, according to a recent report.

IN BRIEF (Page 14)

Domestic brands get FIFA boost

At Beijing's Olympic Forest Park, Brazilian soccer legend Bebeto and former Dutch national team player Ruud Gullit wowed crowds of Chinese fans as they showed off their skills.