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JD cuts list of qualified logistics services for vendors: media reports
Business2017-07-27 09:54August 20 2017 16:04:08

JD cuts list of qualified logistics services for vendors: media reports

Chinese e-commerce platform JD.com will cut the list of courier companies that are allowed to provide delivery service for the company, media reports said on Wednesday.

PetroChina expects strong H1 profit growth
Business2017-07-27 09:54August 20 2017 16:04:08

PetroChina expects strong H1 profit growth

Chinese oil giant PetroChina expects its net profit to surge in the first half of the year due to rising oil prices.

Hungary issues panda bonds in China for 1 billion RMB
Business2017-07-27 09:54August 20 2017 16:04:08

Hungary issues panda bonds in China for 1 billion RMB

Hungary issued state bonds in China in an amount of 1 billion yuan (151 million U.S. dollars), State Secretary of the Ministry for National Economy Agnes Hornung said Wednesday.

The Second Dongting Lake Bridge refines 'Made in China'
Business2017-07-27 09:54August 20 2017 16:04:08

The Second Dongting Lake Bridge refines 'Made in China'

The Second Dongting Lake Bridge under construction. (Photo/CGTN)Dongting Lake is the second largest lake in China

Tech giants in push to deploy their cloud offerings overseas
Business2017-07-27 09:54August 20 2017 16:04:08

Tech giants in push to deploy their cloud offerings overseas

Chinese tech giants are busy deploying their cloud offerings overseas-paving the way for the growing number of local com

Foreign banks get investment boost
Business2017-07-27 09:54August 20 2017 16:04:08

Foreign banks get investment boost

Advertisements for domestic and foreign banks in Beijing Financial Street

SOEs to convert to modern corporations
Business2017-07-27 09:14August 20 2017 16:04:08

SOEs to convert to modern corporations

Many centrally administered State-owned enterprises (SOEs) will be converted into limited liability firms or joint-stock firms by the end of 2017, according to a State Council document released Wednesday.

Game income close to $15b for 1st time
Business2017-07-27 09:14August 20 2017 16:04:08

Game income close to $15b for 1st time

China’s game industry revenue surged over 20 percent to almost 100 billion yuan ($14.5 billion) for the first time between January and June amid a booming mobile Internet development and cross-industry integration, industry officials told a Chinajoy forum yesterday.

Public hospitals to become nonprofit by 2020, State Council says
Business2017-07-27 09:14August 20 2017 16:04:08

Public hospitals to become nonprofit by 2020, State Council says

Public hospitals in China will operate under a new system not driven by profits by 2020

Major reform for state-owned firms
Business2017-07-27 09:14August 20 2017 16:04:08

Major reform for state-owned firms

China's major state-owned enterprises will become corporations by the end of the year in a bid to increase their effici

Reform of central SOEs to be done by this year, govt says
Business2017-07-27 09:14August 20 2017 16:04:08

Reform of central SOEs to be done by this year, govt says

Modernized structure to help clear institutional barriersWith some exceptions

U.S. rice not ready for entering Chinese market, despite recent deal, China says
Business2017-07-26 16:44August 20 2017 16:04:08

U.S. rice not ready for entering Chinese market, despite recent deal, China says

China's Ministry of Commerce (MOFCOM) said on Wednesday that U.S

China Merchants to take over Sri Lanka port
Business2017-07-26 16:10August 20 2017 16:04:08

China Merchants to take over Sri Lanka port

Chinese port operator China Merchants Port Holdings has announced it will acquire an 85 percent stake in Sri Lanka's Ha

China to corporatize central SOEs by end of 2017
Business2017-07-26 15:12August 20 2017 16:04:08

China to corporatize central SOEs by end of 2017

China's State Council has recently issued an "implementation plan for China's corporatization reform of the central go

Bank resumes credit line for employees of struggling LeEco
Business2017-07-26 15:12August 20 2017 16:04:08

Bank resumes credit line for employees of struggling LeEco

(ECNS) -- China Construction Bank said it has resumed the credit card line of most employees with struggling Chinese tec

China's game industry booms on mobile tech
Business2017-07-26 14:44August 20 2017 16:04:08

China's game industry booms on mobile tech

Ding Lei, NetEase CEO, speaks at a summit of Chinajoy today in Shanghai

China aluminum industry: will prices continue to rise?
Business2017-07-26 14:44August 20 2017 16:04:08

China aluminum industry: will prices continue to rise?

(Photo via CGTN)The price of aluminum has been on the rise this year due to market anticipation of production cuts in th

BRICS trade ministers to discuss more e-commerce cooperation
Business2017-07-26 13:37August 20 2017 16:04:08

BRICS trade ministers to discuss more e-commerce cooperation

BRICS trade ministers will discuss expanding e-commerce cooperation in an upcoming annual meeting, according to the Ministry of Commerce (MOC) Tuesday.

Chinese outbound FDI slows but not going away: U.S. think tank
Business2017-07-26 11:42August 20 2017 16:04:08

Chinese outbound FDI slows but not going away: U.S. think tank

While the policy environment for Chinese outbound foreign direct investment (FDI) has changed and mega-deals are becoming more difficult to forge, Chinese overseas investments are not going away, a U.S. think tank said in a recent report.

China's employment services benefit job-seekers in neighboring countries
Business2017-07-26 11:12August 20 2017 16:04:08

China's employment services benefit job-seekers in neighboring countries

Working as an IT engineer at a hotel may sound normal to many, however, for Phatt Veng, a 24-year-old college student in Siem Reap, Cambodia, this would be hard to imagine if he had not visited a local job center.

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