China's tax revenue from the service sectors rose rapidly in the first half of the year, reflecting the country's improving economic structure, the top tax authority said on Thursday.
Renewable energy is gradually reducing the heavy dependence on traditional power supply in the Inner Mongolia autonomous region as 30 percent of the total power grid is now being generated from solar and wind energy.
Electricity generated by clean energy resources in China is expected to gradually increase over the next few years, powered by innovative government policies and measures, according to industry experts.
The head of Finnair has restructured the airline but retained the cultural links with China that go back nearly 30 years
China should pay more attention to maintaining a balance between cutting leverage levels and stabilizing economic growth in the second half of this year after it achieved faster-than-expected GDP growth of 6.9 percent in the first half, said a former central bank adviser.
Editor's note: China's gross domestic product expanded at a rate of 6.9 percent in the first half of this year. In a series of interviews, China Daily asked economists, analysts and business leaders about the prospects for economic growth in the country. Below is an interview with Xu Hongcai, an economist with the China Center for International Economic Exchanges.
Apple Inc is launching a large promotion campaign in China to promote Apple Pay, in a move to expand its presence in the local mobile payment market dominated by Alibaba Group Holding Ltd and Tencent Holdings Ltd.
China notified the World Trade Organization on Tuesday it will ban the import of 24 different types of solid waste shipments by the end of this year, as part of a campaign to tackle environmental pollution, Reuters reported.
China National Cereals, Oils and Foodstuffs Corp, the country's biggest food trader by revenue, will accelerate its pace of building warehouses and logistics facilities in the world's major grain-producing regions this year, said a senior executive on Wednesday.
Telecom companies are ratcheting up their 5G research and development spending as China scrambles to commercialize high-speed services.
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