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.
China's financial regulatory body is planning to require "too big to fail" conglomerates to replenish capital and meet new regulatory requirements, a measure to prevent cross-market risk contagion and continually reduce the corporate debt level.
The first half of 2019 has witnessed different profit outcomes among China's top three oil and gas companies, which experts said was mainly due to the profit plunge in downstream refining and chemicals sector dragged by overcapacity and waning demand.
To offset the burden from the added tariffs imposed by the United States on Chinese exports, Shanghai Baolong Automotive Corp has decided to lower its reliance on the US and turn to other global markets instead.
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Raymond Zhou
Op Rana
Berlin Fang
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Huang Xiangyang
Chen Weihua
