China's local governments have lowered their GDP growth targets for this year following the release of their growth figures last year, leaving more room for economic restructuring to seek high-quality development.
Electricity consumption in China, a key indicator of economic activity, reached 6.84 trillion kilowatt-hours in 2018, an increase of 8.5 percent year-on-year, according to the China Electricity Council.
Apple sales in China dropped 27 percent in the final quarter of 2018, with CEO Tim Cook admitting that higher iPhone prices are a "factor" in declining upgrade rates.
The China Council for the Promotion of International Trade will expand its services on the protection of intellectual property rights such as patents, trademarks and copyrights for small and medium-sized enterprises in overseas markets in 2019, officials said on Tuesday.
BEIJING - With the Spring Festival fast approaching, many Chinese people are busy collecting red envelopes (hongbao), not from their relatives or friends but from deep-pocketed tech firms.
BEIJING - Wang Xin is 33 years old. He is a landscape designer by profession and farmer in practice. The strawberries growing in his organic plantation on the southern outskirts of Beijing are believed among his clients to be "the best in China".
China's industrial output exceeded 30 trillion yuan ($4.46 trillion) for the first time last year, with a notable rebound in industrial investment, which signals a rise in confidence toward the country's manufacturing sector, according to a top industry regulator.
China plans to roll out more measures to stabilize consumption growth as external pressure and downward headwinds impact on car sales and trade.
The efficiency of the bond markets will improve remarkably as China has made concrete steps in opening up the credit ratings industry, marked by the recent approval of S&P Global's application to enter the industry, analysts said.
China will continue to promote a predictable and improved environment for companies eyeing overseas expansion, and assist them in risk prevention, the Ministry of Commerce said on Tuesday.
The China Council for the Promotion of International Trade, the country's foreign trade and investment promotion agency, will work with related government bodies to build a new regulatory mechanism with credit as the core this year to ensure the interests and legitimate rights of domestic companies in overseas markets, said senior officials.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
