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Economist: Trade spats due to misunderstandings

[2019-07-04 07:08]

Misunderstandings, especially at the governmental level, have been the root cause of the trade disputes between China and the United States, a leading economist said.

Baidu unveils chip to boost AI use in industrial applications

[2019-07-04 07:08]

Internet search giant Baidu Inc launched an artificial intelligence chip named Honghu on Wednesday, which could be configured to accommodate vehicle-mounted voice control systems and intelligent home scenarios, as part of its broader push to speed up industrial application of AI technologies.

Europe in no hurry to join US-led boycott of Huawei Technologies

[2019-07-04 07:08]

With United States President Donald Trump agreeing to allow Huawei Technologies Co to resume purchase of some US components and software, the question of whether the United Kingdom will, or will not, join the boycott of the Chinese technology giant suddenly seems less important.

Clearance process at ports to be optimized

[2019-07-04 07:08]

China will further optimize the business environment in ports to spur cross-border trade, officials from the General Administration of Customs said on Wednesday.

PwC: 100 companies may get listed on the new tech board

[2019-07-04 07:08]

Nearly 100 companies will hopefully get listed this year on China's recently launched Nasdaq-style high-tech board known as the STAR Market, a forecast by PwC showed.

What's news

[2019-07-04 07:08]

HK regulator to view audits of mainland firms

Li: Tax, fee cuts are crucial

[2019-07-03 08:01]

Premier Li Keqiang promised on Tuesday to reinforce existing macroeconomic policies, amid great determination to achieve the $300 billion tax and fee reduction goal, in response to risks accumulating in a slowing global economy.

$3.44b in deals won on sidelines of Dalian meeting

[2019-07-03 08:01]

Agreements for 16 projects with a total investment of 23.6 billion yuan ($3.44 billion) were signed on Tuesday on the sidelines of the ongoing Annual Meeting of the New Champions 2019, also known as the Summer Davos Forum, in Dalian, Liaoning province.

What they say

[2019-07-03 08:01]

China's further opening up is providing win-win benefits. Further opening up will help improve the efficiency of capital allocation and can reduce financial risks in China's economy, and ultimately help build a more stable and sustainable economic and financial system. In a broader context, China's long-term growth will also benefit other nations, particularly with regard to overseas investors who seek to achieve long-term returns and manage short-term risks.

Expanded Shanghai Pilot Free Trade Zone to boost scale of opening-up

[2019-07-03 08:01]

The planned addition of a new area to the China (Shanghai) Pilot Free Trade Zone aims at a higher level of opening-up and deeper reform in broader fields, and is not just a simple expansion in space or a duplication of FTZ policies, a top official from Shanghai said on Tuesday.

Second China International Import Expo this year to be bigger and better

[2019-07-03 08:01]

The second China International Import Expo (CIIE) will be carried out on a larger scale and a higher level, aiming for better quality and stronger innovation results, Shanghai Mayor Ying Yong said at a news conference on the city's core competitiveness on Tuesday.

JPMorgan to get controlling stake in Chinese joint venture

[2019-07-03 08:01]

The Chinese market will soon witness the first joint venture firm where a foreign company will take an absolute controlling stake as part of the deeper opening up of the country's financial sector.

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