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Hainan steps up environmental protection

[2019-05-24 07:24]

Hainan is taking comprehensive action to implement a model for green development, according to officials with the provincial government.

Geographical advantages helping Shaanxi boost multilateral trade

[2019-05-24 07:24]

As the starting point of the ancient Silk Road, Northwest China's Shaanxi province is taking advantage of its location to facilitate multilateral trade following the Belt and Road Initiative, and thus boosting China's high-quality economic development.

Tariff hikes on Chinese imports to hit US toy industry hard, says business leader

[2019-05-24 07:24]

NEW YORK - Washington's tariff hikes against Chinese imports will hit the US toy industry hard with increasing costs and decreased profits, said a senior industry leader.

Pension business to see explosive growth

[2019-05-24 07:24]

Personal commercial pension schemes, which include tax-deferred pension insurance and pension securities investment funds, will see explosive growth in China over the next 10 to 20 years, fueled by the driving force of tax incentives and government policies, a newly issued white paper by McKinsey & Company said.

Tariffs to hurt US wind industry

[2019-05-24 07:24]

The US tariffs on wind turbine related products made in China will have a harmful effect on the US wind industry but limited impact on Chinese wind turbine manufacturers, insiders said.

More Chinese carriers to seek compensation from Boeing

[2019-05-23 07:14]

State-owned Air China and China Southern Airlines joined their compatriot China Eastern Airlines on Wednesday in seeking compensation from Boeing Co for the grounding of the troubled B737 MAX aircraft and postponed deliveries of new aircraft they have booked earlier.

Truck startup TuSimple to run pilot program with US Postal Service

[2019-05-23 07:14]

Autonomous truck startup TuSimple signed a contract with the United States Postal Service to run its self-driving trucks for mail delivery in a two-week pilot program in Arizona and Texas, a move that analysts said can speed up commercialization of the technology.

BRI spurs green moves by central SOEs

[2019-05-22 07:20]

China's centrally administered State-owned enterprises will focus on social responsibility and integrity when developing projects in economies related to the Belt and Road Initiative, said a senior regulator.

COSCO Shipping banks on new Atlantic route for growth

[2019-05-22 07:20]

A vessel fully loaded with paper pulp left Punta Pereira Uruguay in South America and headed for its destination in Western Europe in the beginning of 2019, marking COSCO Shipping's first regular service in the Atlantic Ocean.

Chinese electric buses begin trial operations in Buenos Aires

[2019-05-22 07:20]

BUENOS AIRES - Two Chinese electric buses began operating on Thursday in the Argentine capital of Buenos Aires, the first eight vehicles that will soon be incorporated into four urban passenger transport lines.

Retailing industry continues to boom

[2019-05-22 07:20]

Small is still the charm in the retailing industry. Convenience stores continue to grow ahead of general retail formats, which boosted their momentum in terms of revenue and the number of brick-and-mortar stores last year, according to industry insights.

Xiaomi posts strong Q1 revenue

[2019-05-22 07:20]

Chinese technology giant Xiaomi Corp said its first quarter revenue jumped 27.2 percent year-on-year to 43.8 billion yuan ($6.3 billion), fueled by the company's push for its dual-core strategy that focuses on smartphones and the internet of things powered by artificial intelligence (AIoT).

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