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Interest rate cut unlikely in near future

[2019-07-25 07:30]

Cutting interest rates may not be an urgent matter for China's monetary authority, even though other major economies are moving closer to a rate-cut cycle to tackle economic headwinds, according to advisors.

Ownership reform helps to enhance SOE profits in H1

[2019-07-25 07:30]

Profits of State-owned enterprises increased steadily in the first half of this year, with the electricity generation, real estate and building material sectors growing faster than the average, the Ministry of Finance said on Tuesday.

Nutanix teams up with Digital China to tap into cloud market

[2019-07-25 07:30]

Nutanix Inc, a US-based cloud computing software company, on Wednesday signed an agreement with Chinese leading integrated IT services provider Digital China, marking the latest move to further tap into the blossoming Chinese market for cloud services.

ETFs fast gaining popularity

[2019-07-25 07:30]

Chinese fund management companies should ride the boom of pension fund-of-funds providers and work closely to develop more exchange-traded fund products for longer-term retail wealth, according to a new survey.

Angola eager to welcome more Chinese investors, says ambassador

[2019-07-25 07:30]

Angola's ambassador to China said the southern African country of 30 million people is a huge market and keen to welcome more Chinese investors to the country.

What's news

[2019-07-25 07:30]

China's motorcycle sales up 6.7% in June

Nation confident of achieving 2019 industrial output target

[2019-07-24 07:11]

China is confident of achieving its annual industrial growth target of 5.5 to 6 percent year-on-year in 2019, as the nation works hard to boost the high-quality development of manufacturing, despite trade friction with the United States, the nation's top industry regulator said on Tuesday.

ZTE first off the starting blocks with 5G phone

[2019-07-24 07:11]

ZTE Corp announced that its 5G smartphone has been available for reservation in China since Tuesday as the Chinese smartphone maker races to gain a foothold in the increasingly competitive 5G smartphone market.

EU-China investment deal vital for global trade boost

[2019-07-24 07:11]

China and the European Union should accelerate their efforts to reach the EU-China comprehensive agreement on investment (CAI) by 2020, with a view to negotiating a free trade agreement soon after, said a senior official representing EU businesses in China.

Tax, fee reductions support stable growth

[2019-07-24 07:11]

The Chinese government has cut taxes and fees this year totaling 1.17 trillion yuan ($170 billion) by June, completing more than half of the 2 trillion yuan annual tax and fee reduction target, the country's tax authority reported on Tuesday.

Huawei to build ecosystem for server chips

[2019-07-24 07:11]

Huawei Technologies Co Ltd said on Tuesday it plans to invest 3 billion yuan ($436 million) over the next five years to build an ecosystem for its ARM-based server chips as the Chinese company beefs up its prowess in semiconductors.

Healthy China Initiative to transform industry

[2019-07-24 07:11]

The government's guideline to implement the Healthy China Initiative focusing on disease prevention, chronic disease management and high-quality treatment will lead to an overhaul and transformation of the health industry, prompting companies to provide better products and services for people in the country, industry insiders said.

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