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Holiday Trend

Center for settlement of yuan planned in Astana

[2018-06-13 07:21]

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

[2018-06-13 07:21]

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)

[2018-06-13 07:21]

Domestic brands get FIFA boost

[2018-06-13 07:21]

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.

Official approval buoys Dongguan firms

[2018-06-13 07:21]

Manufacturing replicas of the World Cup trophy and other related products has helped upgrade the business of Wagon International Co, a company based in Wanjiang town in Dongguan, Guangdong province, a traditional manufacturing hub in the Pearl River Delta region.

Flag, mascot makers grasp opportunities

[2018-06-13 07:21]

As a hardcore soccer fan, 42-year-old Hu Hao has his predictions and preferences for the 2018 FIFA World Cup - he hopes Germany can defend their title but thinks the chance is small.

3-year hybrids sell like hot cakes

[2018-06-12 07:43]

Individual Chinese investors are snapping up three-year hybrid funds focusing on unicorn companies, startups with a valuation in excess of $1 billion, as they embrace China's financial innovation and seek good investment returns.

Xiaomi to step up global expansion pace after IPO

[2018-06-12 07:43]

Despite posting a more than $1 billion loss in the first quarter of 2018, Xiaomi Corp said it plans to accelerate global expansion by using 40 percent of the capital that it will raise from the sale of China Depositary Receipts to boost its overseas presence.

Battery giant electrifies market on trading debut

[2018-06-12 07:43]

Shares of the world's biggest electric vehicle battery producer surged 44 percent on their debut on Monday, the maximum growth rate set for newly listed stocks on the first trading day.

ING hungry for slice of digital banking sector

[2018-06-12 07:43]

Dutch financial services company ING Group NV is planning to launch digital banking business in China by setting up a joint venture with Chinese lender Bank of Beijing Co Ltd, as it hopes to gain a slice of China's rapidly growing online banking market.

Social credit to help SMEs get financing

[2018-06-12 07:43]

China will roll out preferential policies that will enable small and medium-sized enterprises to get loans based on their social credit scores as part of the efforts to lower financing costs for the sector, according to a top official with the nation's top economic regulator.

Opening-up to pave the way for global economic development

[2018-06-12 07:43]

China's determination to further reform and open up its economy will bring important opportunities for the continued improvement of the world economy and globalization.

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