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China reports increase in foreign direct investment
Business2017-12-14 15:22December 14 2017 16:00:33

China reports increase in foreign direct investment

Foreign direct investment (FDI) into the Chinese mainland rose 9.8 percent year on year to reach 803.62 billion yuan (around 122 billion U.S. dollars) in the first 11 months, data showed Thursday.

Chinese make-up holds new charm for beauty-minded
Business2017-12-14 14:31December 14 2017 16:00:33

Chinese make-up holds new charm for beauty-minded

China's domestic cosmetic brands are gaining traction from well-groomed Chinese ladies, a new report has showed

Huawei launches high end smartphone into Kenyan market
Business2017-12-14 14:31December 14 2017 16:00:33

Huawei launches high end smartphone into Kenyan market

Chinese phone manufacturer Huawei, on Wednesday launched the Mate 10 Lite model into the Kenyan market as the battle for smartphone space in the country intensifies.

China, UK mull joint investment fund
Business2017-12-14 14:31December 14 2017 16:00:33

China, UK mull joint investment fund

China and the UK are planning a 10 billion yuan ($1.51 billion) fund for the Belt and Road (B&R) initiative.

KDB, ICBC ink deal
Business2017-12-14 14:04December 14 2017 16:00:33

KDB, ICBC ink deal

The Korea Development Bank (KDB) said it will sign a $500 million currency swap deal with Industrial and Commercial Bank of China (ICBC).

WTO conference concludes with some progress, no substantial agreements
Business2017-12-14 14:04December 14 2017 16:00:33

WTO conference concludes with some progress, no substantial agreements

The 11th World Trade Organization (WTO) Ministerial Conference concluded on Wednesday with no substantial agreements reached after three days of debate.

China registers mixed November economic performance
Business2017-12-14 12:01December 14 2017 16:00:33

China registers mixed November economic performance

A woman chooses canned food at a supermarket in Qingdao, Shandong province, Sep 9

Red Flag opens pre-sales for customizable L5
Business2017-12-14 11:31December 14 2017 16:00:33

Red Flag opens pre-sales for customizable L5

Red Flag launches its customizable L5 series on Dec 11, 2017

Chinese bike-sharing firm in hot seat over delayed deposit refunds
Business2017-12-14 11:31December 14 2017 16:00:33

Chinese bike-sharing firm in hot seat over delayed deposit refunds

A Chinese bike-sharing company is in the hot seat after the country's consumer watchdog ordered it to refund its users

Chinese companies contribute much for African infrastructure: experts
Business2017-12-14 11:02December 14 2017 16:00:33

Chinese companies contribute much for African infrastructure: experts

Chinese construction companies have contributed greatly to invest in the development of infrastructure in Africa, African experts said on Wednesday.

China’s first 'smart ship' is making waves
Business2017-12-14 11:01December 14 2017 16:00:33

China’s first 'smart ship' is making waves

Visitors walk around the booth of China State Shipbuilding Corp, the developer of China's first smart ship

Chinese smartphone makers up Indian push
Business2017-12-14 10:36December 14 2017 16:00:33

Chinese smartphone makers up Indian push

Chinese smartphone makers have been increasing their investments in India as they race to establish factories in a huge and growing market where they have enjoyed sales success in recent years.

Chinese telecom carrier launches new mobile voice, data services in Britain
Business2017-12-14 10:36December 14 2017 16:00:33

Chinese telecom carrier launches new mobile voice, data services in Britain

China Mobile International Ltd (CMI) Wednesday launched here new mobile voice and data services designed for Chinese immigrants, students and professionals living in and traveling to Britain.

China's Foton inks car distribution deal in Kenyan market
Business2017-12-14 10:36December 14 2017 16:00:33

China's Foton inks car distribution deal in Kenyan market

Chinese automaker Foton and its Kenya-based distributor Pewin Motors on Wednesday signed a Memorandum of Understanding to distribute the Chinese-made cars in Kenya.

Houston-based supercomputer world's No. 1 for commercial research: BP
Business2017-12-14 10:36December 14 2017 16:00:33

Houston-based supercomputer world's No. 1 for commercial research: BP

British Petroleum (BP) announced on Wednesday it has more than doubled the total computing power of its Center for High-Performance Computing (CHPC) in Houston in the U.S. state of Texas, making it the most powerful supercomputer in the world for commercial research.

China-Africa industrial capacity cooperation expo opens in Kenya
Business2017-12-14 10:31December 14 2017 16:00:33

China-Africa industrial capacity cooperation expo opens in Kenya

A man of a Chinese firm introduces products during the first China-Africa Industrial Capacity Cooperation Exposition in

Better business climate expected
Business2017-12-14 10:05December 14 2017 16:00:33

Better business climate expected

Companies from the Republic of Korea are being welcomed in China, where a better business climate is being fashioned to further bilateral cooperation in emerging fields, including artificial intelligence and big data, Vice-Premier Zhang Gaoli said on Wednesday.

Gas providers to boost supplies
Business2017-12-14 10:05December 14 2017 16:00:33

Gas providers to boost supplies

Major Chinese gas providers will increase supplies to cope with the emergency natural gas shortage in certain parts of China this winter, particularly in northern provinces where heating is supplied in a unified manner.

China's quest for deep-sea oil
Business2017-12-14 10:05December 14 2017 16:00:33

China's quest for deep-sea oil

Chinese companies have been focusing on deep-sea energy explorations. They have also made milestone technological breakthroughs and have expanded across the world.

Overseas makers to cash in on strong helicopter demand
Business2017-12-14 10:02December 14 2017 16:00:33

Overseas makers to cash in on strong helicopter demand

The AC352 helicopter, jointly developed by Airbus and the State-owned Aviation Industry Corporation of China

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