The rising optimistic mood is relaxing Chinese economists' furrowed brows, as they believe the world's second-largest economy will bounce back in the second half, driven by the latest policy package.
China Mobile, the country's largest mobile operator by number of subscribers, said on Thursday that it posted a 3.1 percent rise in 2018 net profit, beating market expectations on a one-time windfall from the listing of mobile-tower builder China Tower Corp in August.
Enterprises from across the world have shown great interest in participating in the second China International Import Expo, which is set to be larger in scale and better in quality than its inaugural version last year, said the event's organizers.
Alibaba Group Holding Ltd announced on Thursday it will offer goods from 120 countries and regions and double the product categories on its platforms to more than 8,000, as the e-commerce giant strives to bring $200 billion worth of imported goods to Chinese customers over the next five years.
China needs further efforts in developing infrastructure, standards and technologies related to the internet of vehicles, said top executives of leading automakers, as the country is seeking to enter the fast lane of intelligent connected cars to gain a lead globally.
The World Free Zone Organization, a global nonprofit organization, is setting up its Asia-Pacific headquarters in Haikou, capital of Hainan province, to further support the development of free trade zones in China, according to city authorities.
State Grid Electric Vehicle Service Co plans to establish a network of its newly launched small charging piles in major cities this year, in a bid to meet the rising demand of new energy vehicle owners.
China unveiled a major guideline on Tuesday to promote wider use of methanol-fueled vehicles after five years of trials, moving the world's largest vehicle market a step forward in commercializing the new energy vehicle.
The first cross-river railway bridge connecting China with Russia has connected from both sides on Wednesday, further paving the way for the bridge to be operational within this year.
The rapid growth of mobile payments in China has brought about a decline in bank self-service terminals including automatic, video and smart teller machines, initiating industry transformation.
A total of more than 150 international delegates will take part in the upcoming 2019 China Development Forum (CDF), among whom about two-third will be CEOs or presidents of Fortune 500 enterprises or global industry leaders, the forum organizers announced on Wednesday.
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Raymond Zhou
Op Rana
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Chen Weihua
