Qingdao Port International Co Ltd launched its initial public offering on the main board of the Shanghai Stock Exchange on Monday, the first Hong Kong-listed company to make its debut in the A-share market this year.
IBM Corp is assisting Pacific Coffee's digital transformation by helping the brand, owned by China Resources Enterprise Ltd, to establish a smart coffeehouse to improve user experience and cut costs.
China's continuing reform and opening-up will revitalize the A-share market and improve liquidity in it this year, insiders said.
After suspending reverse repos for a week, China's central bank resumed them on Jan 14 in the hope of injecting more liquidity to prepare for Spring Festival on Feb 5.
China's trade and investment relations with countries in South America remain solid and are expected to continue to expand, despite the downward growth pressure and other challenges facing the Chinese economy.
China has been working with Latin American countries to build logistics, electricity and information pathways in recent years, and analysts said the cooperation will continue to enhance and achieve shared benefits for both sides.
Before I arrived in Bogota of Colombia, all I had heard about the country - which is a 35-hour journey from China - was its coffee beans and narcotics.
Editor's note: Last year marks the fifth anniversary of the Third Plenary Session of the 18th CPC Central Committee. With the nation determined to deepen reform and opening-up, China Daily reporters look at different fields to check how the transformative policy has helped revitalize the national economy. Their reports below show tremendous achievements have been made to grow and stabilize the economy through well-thought-out fiscal and monetary policies, tax reforms and introduction of mixed ownership in central State-owned enterprises.
China will make substantive progress in restructuring the nation's previously monopolized industries, and bring in more mixed-ownership management models, said experts.
If 2018 marked the start of "a tax-cut new era" in China, after more than 1.3 trillion yuan ($192 billion) was slashed from the nation's tax bill, then policymakers expect 2019 to be the year when the effects begin to filter through to the economy, and said that more aggressive reforms could be on the way.
Tencent Holdings Ltd is looking to work with more smart solutions and service providers, or SSPs, as it seeks to deepen its mobile wallet business' overseas presence, according to a company executive.
Chinese pharmaceutical major Luye Pharma Group Ltd announced on Wednesday that it had signed an agreement with AstraZeneca China for the latter to have exclusive rights to promote its Xuezhikang capsule medicine in the Chinese mainland.
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Raymond Zhou
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