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Port city banking on tourism

[2018-06-29 07:53]

Tourist arrivals in Zhanjiang, a major port in China's southern Guangdong province, is set to surge this year on the back of a new high-speed railway station which will begin operating by June, a senior city official said.

Pillar industries underpin economy

[2018-06-29 07:53]

The steel, petrochemical and paper industries will remain as pillars of Zhanjiang's economy, said a senior government official earlier this month.

Stocks slump as trade woes hit sentiment

[2018-06-29 07:53]

Chinese stocks plunged on Thursday to a 28-month low, but experts said there have been positive signs of improving liquidity and solid fiscal revenue.

Partnerships key to China's mobile carriers in 5G race

[2018-06-29 07:53]

Chinese mobile carriers are setting up a string of cross-industry partnerships as the global telecom industry enters the final sprint toward the commercialization of fifth-generation mobile communication technology.

Rongqiao to invest $1.3b in healthcare initiatives

[2018-06-29 07:53]

Rongqiao Group Co Ltd, a Fujian province-based private conglomerate, plans to invest $1.32 billion in the healthcare sector in the mid to long-term, in a bid to offer high-quality services to Chinese patients, company executives said.

Small cities drive consumer boom

[2018-06-28 07:28]

Lower-tier cities are fast becoming the new growth drivers for online sales of fast-moving consumer goods (FMCG), with even tier-five cities driving consumption, a new industry report said.

Chinese dairy brand climbs up global rankings

[2018-06-28 07:28]

Chinese dairy brand Yili has jumped five places to No 3 in a ranking of the world's top 50 food brands released on Tuesday by Brand Finance, a London-based brand valuation consultancy.

Italian export credit institution opens in Shanghai

[2018-06-28 07:28]

Italian export credit institution SACE SIMEST inaugurated its Shanghai office on Tuesday - the first European agency of its kind to be established in the Chinese mainland - in hope of strengthening Sino-Italian trade relations and working alongside China's Belt and Road Initiative.

LG Chem energizing innovation

[2018-06-28 07:28]

South Korean chemical giant LG Chem Ltd has sponsored the first electric vehicle battery innovation contest for Chinese undergraduates in a bid to cultivate talented individuals and empower them to unleash the next wave of innovation in the industry.

58 Group joins poverty fight in Guizhou

[2018-06-28 07:28]

Online marketplace 58 Group will provide tailored services to Zheng'an county, Guizhou province, with the aim of alleviating poverty through the integration of local industry and e-commerce.

Hilton cuts use of plastic in Asia-Pacific

[2018-06-28 07:28]

Hospitality service provider Hilton Worldwide Holdings Inc has announced it will eliminate plastic straws across its managed hotels in the Asia-Pacific region including the Chinese market by the end of 2018, and transition away from plastic bottles in its conference and event spaces.

Airbnb to promote sustainable tourism

[2018-06-28 07:28]

Airbnb Inc, a United States-based home-sharing service provider, has inked a partnership with Friends of Nature, a prominent NGO focusing on environmental protection issues, to promote sustainable tourism in China.

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