Growth in the services sector in November notched up its fastest pace in the past five months, underpinning a modest expansion of the world's second-largest economy, according to a private survey released on Wednesday.
China's service trade volume hit a record in the first 10 months of this year, with its structure continuing to optimize, said the Ministry of Commerce on Tuesday.
Leading Chinese ride-hailing player Didi Chuxing on Wednesday announced an organizational restructuring plan to boost safety and efficiency, amid mounting competition in the sector.
Qualcomm Inc has unveiled its first 5G-ready mobile chip which will be used in string of Chinese companies' 5G smartphones next year, as part of its broader push to maintain supremacy in the era of the fifth-generation mobile communication technology.
Despite worries that downward headwinds may weigh heavier in the coming months, China is unlikely to see a hard landing, although it may take another two to three years to go through the current deleveraging period, Bridgewater Associates founder Ray Dalio told China Daily.
Shanghai plans to build high-end manufacturing parks for biological medicine by 2020 to complement and develop interactively with Pudong New Area's Zhangjiang, known as China's pharma valley, according to a three-year action plan.
The foreign trade volume of Pingxiang, a city bordering Vietnam, rose 10.6 percent year-on-year to 34.2 billion yuan ($4.98 billion) in the first half of 2018 thanks to its advantageous location and a series of favorable policies.
China is ramping up efforts to deal with zombie companies through bankruptcy or restructuring, as it seeks to cut overcapacity and guard against risks, according to the nation's top economic regulator.
Black Friday, a shopping extravaganza on the Western retail calendar, has become an occasion for Chinese brands to shine, as overseas buyers are increasingly embracing cross-border e-commerce channels for quality made-in-China products.
The music arm of Tencent Holdings Ltd pressed the play button on its long-anticipated initial public offering in New York on Monday, two months after halting the plan amid hopes of a recovery of global market conditions.
|
|
|
|
|
|
|
|
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263 Registration Number: 20100000002731 
Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
