As the time is approaching when the digital currency from China's central bank is set to be unveiled, which may be the world's first, more experts are discussing the attributes of the new type of money based on details leaked by the authorized designer.
Huawei Technologies Co Ltd said on Tuesday that it has shipped more than 200,000 5G base stations worldwide, putting it in a leading role with other global vendors in the superfast technology despite all the restrictions it faces from the United States.
Huawei Technologies Co on Tuesday denied accusations that the company has stolen smartphone-camera patents, and criticized the US government of using a host of "unscrupulous" means to disrupt its normal business operations.
Sticking to opening-up and innovation, the China-Germany Equipment Manufacturing Industrial Park in Shenyang has been growing into a new frontier of economic cooperation between China and Germany.
Chinese chip major Tsinghua Unigroup said it has kicked off volume production of high-end 64-layer flash memory chips, marking a breakthrough in the country's efforts to grow its homegrown semiconductor sector and shorten its technological gap with foreign counterparts, analysts said on Tuesday.
China will impose anti-dumping duties on phenol imported from the United States, the European Union, South Korea, Japan and Thailand starting on Sept 6, the Ministry of Commerce said on Tuesday.
State-owned Chinese carriers posted higher revenues in the first half of the year although net profits slipped because of the slower pace of travel demand along with the grounding of nearly 100 troubled B737 MAX aircraft and the postponed delivery of new jets.
The markets involved in the Belt and Road Initiative have become a new growth hub for the foreign trade sector in East China's Shandong province as many enterprises are looking for diverse markets as part of efforts to cushion the pressure coming from trade tensions between China and the United States.
Innovative measures to boost fixed-asset investment, without spurring debt, are expected by analysts as the key policy tools to stabilize China's economic growth in the coming months.
Net interest margins of China's four largest State-owned commercial banks fell 8 basis points year-on-year on average in the first half of 2019, as a result of the increase in deposit costs triggered by interest rate liberalization and the lowering of lending rates in support of the real economy, bankers and analysts said.
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