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Account opening norms eased

[2019-01-10 07:22]

Chinese enterprises will not need regulatory approval for opening primary and temporary bank accounts from the end of this year onward, the People's Bank of China said on Wednesday.

Keeping pace with China

[2019-01-10 07:22]

Multinational power management company Eaton Corp PLC started its business on the Chinese mainland in 1993 through a joint venture in Jining, East China's Shandong province.

Xiaomi shares continue plunge

[2019-01-10 07:24]

Xiaomi Corp's share price dropped 6.85 percent in Wednesday's trading, despite its controlling shareholders pledging not to sell shares in the Chinese tech company after a lock-up period expired.

Ant Financial backs Pakistani payment tool

[2019-01-10 07:24]

Ant Financial Services Group, which operates mobile payment tool Alipay, is powering Pakistan's first cross-border remittance service using blockchain technologies, marking a major milestone in the country's journey to promote financial inclusion.

Secondhand exchange sites taking off

[2019-01-09 07:45]

For people who don't have the time to bargain with prospective buyers over used items they want to sell, there's now an app.

Energy firms at capacity to ensure 'warm' winter

[2019-01-09 07:45]

China Petroleum and Chemical Corp (Sinopec), the country's biggest geothermal developer, is pumping 130 million cubic meters of natural gas a day, in an effort to meet demand during the peak winter season.

Inbound mergers and acquisitions market surges to record high in 2018

[2019-01-09 07:45]

The amount of inbound mergers and acquisitions hit a record high in 2018, with foreign investors encouraged by the positive outlook for Chinese companies and loosened foreign investment rules, according to the latest report from global financial market data provider Refinitiv.

TV firms turn 'smart' at CES

[2019-01-09 07:45]

Global consumer electronics makers launched "bigger, sharper and smarter" TVs at this year's CES in Las Vegas, debuting versatile, multiplatform sets that connect with other home appliances.

State Grid set to ramp up clean energy efforts

[2019-01-09 07:45]

The State Grid Corp of China, which runs the majority of the nation's electricity distribution networks, is constructing five pumped storage power plants to increase domestic new-energy power generation.

MICE industry turns 'green engine' for Hainan economy

[2019-01-08 07:38]

Hainan province's MICE industry - meetings, incentives, conferencing and exhibitions - is growing fast and becoming a strong driver for local tourism development, as more firms choose the tropical island for their showcase events, encouraged by government support, high-profile international summits and the island's natural charms.

Battery makers see fully charged future after cuts to raw materials tariffs

[2019-01-08 07:38]

The outlook for lithium battery firms in China is turning positive, powered by tariff cuts on raw materials, say experts.

Molten salt solar power station largest of its kind

[2019-01-08 07:38]

China's solar thermal power generation companies have mastered the core technology of building large-scale molten salt tower thermal power stations, and are ready to go global, industry experts said.

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