language:English
Thursday, October 24, 2013
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The global economy will continue to grow at a steady pace of around 3 percent in 2019 and 2020 amid signs that global growth has peaked, the United Nations said Monday.
Zhejiang Geely will manufacture cars for the British badge Lotus at a new nine billion yuan (1.3 billion U.S. dollar) plant in Wuhan, according to a report by Reuters. The report said it was Geely's "first move to shake up" Lotus since it bought a 51 percent stake in the sports car brand in 2017.
China's centrally administered state-owned enterprises (SOEs) made greater contributions to society last year, an official with the state assets authority said Thursday.
Tesla boss, Elon Musk has quoted 1 billion dollars to build a commuter tunnel under Australia's Blue Mountains, which divide Sydney from the country's vast western interior.
U.S. tech giant Microsoft on Wednesday signed a memorandum of strategic cooperation to locate its new artificial intelligence (AI) and Internet of Things (IoT) Insider Lab, the first of its kind in Asian-Pacific Region, in Shanghai.
Mars Incorporated, a U.S. global manufacturer of confectionery, pet food and other food products, has recently signed an agreement to set up a pet food plant in north China's Tianjin, local authorities said Tuesday.
China will unveil larger scale tax cuts and tax exemptions for micro and small enterprises (MSEs), a State Council executive meeting chaired by Premier Li Keqiang decided on Wednesday.
Global economic growth is projected to slow to 2.9 percent in 2019 from a downwardly revised 3 percent in 2018 amid rising downside risks, the World Bank said on Tuesday.
World Bank Group (WBG) President Jim Yong Kim announced on Monday that he will be stepping down from his position after more than six years at the international lending institution.
The Chinese tech giant Huawei on Saturday announced the inauguration of its first flagship store in Saudi Arabia, which is also its largest store in the Middle East and Africa.
The U.S. tech giant Apple saw its stock price plunging more than 9 percent in early trading on Thursday after the company issued lower guidance for fiscal 2019 first quarter.
U.S. e-commerce giant Amazon on Wednesday announced "a record-breaking holiday season" as tens of millions of people have signed up for its Prime membership either by making paid service or on a trial basis.
China will reduce taxes and fees on a larger scale next year, according to the country's finance minister.
China has allowed imports of rice from the United States, said the General Administration of Customs in a statement on its website Friday.
2018 has proven to be a difficult year for China-US trade relations, dominated by frictions triggered by Washington.
The Russian online seller of Chinese goods Pandao said Thursday that gadgets produced by Chinese electronics company Xiaomi were most popular among users this year.
US stocks surged on Wednesday, recovering much of their losses from a Christmas Eve plunge and placing the market on track for its best day in nine months.
China took further steps in opening up its market to domestic and overseas investors Tuesday by announcing a negative list for market access (2018 version), an institutional innovation to be applied across the country.
Chinese carmaker Geely Automobile Holdings Limited has reached an agreement to set up a battery joint venture with the country's leading lithium battery producer Contemporary Amperex Technology Co. Limited (CATL).
China's top Internet search engine firm Baidu Inc. and Paramount Pictures said Friday that they are rolling out new emoji features in Baidu's IME keyboard apps that are built from the theme of Bumblebee, the latest film of the "Transformers" series.
