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Chinese firms advised to invest overseas cautiously
Business2017-07-27 16:10July 29 2017 19:49:48

Chinese firms advised to invest overseas cautiously

A Chinese official Thursday said domestic companies should be cautious about investing in high-profile overseas assets

World's largest seafood market moving for 2020 Tokyo Olympics
Business2017-07-27 15:11July 29 2017 19:49:48

World's largest seafood market moving for 2020 Tokyo Olympics

(Photo/Video screenshot from CGTN)Tsukiji, the world's largest wholesale seafood market

Beijing-Shanghai bullet train to run faster from September
Business2017-07-27 14:12July 29 2017 19:49:48

Beijing-Shanghai bullet train to run faster from September

China's next-generation bullet train will start running at 350 kilometers per hour between Beijing and Shanghai in Sept

Britain to ban new gasoline, diesel cars from 2040, gov't says
Business2017-07-27 10:49July 29 2017 19:49:48

Britain to ban new gasoline, diesel cars from 2040, gov't says

New cars powered by gasoline or diesel fuels will be banned in Britain from 2040, the government announced Wednesday.

WTO members call for safeguarding multilateral trading system
Business2017-07-27 10:49July 29 2017 19:49:48

WTO members call for safeguarding multilateral trading system

A group of 47 World Trade Organization (WTO) members issued a joint call on Wednesday for fellow members to work together to ensure the sound functioning of the WTO-based multilateral trading system as it faces a number of important challenges ahead.

Fighting to rule the ultimate online kingdom
Business2017-07-27 10:49July 29 2017 19:49:48

Fighting to rule the ultimate online kingdom

Top gaming players from different cities gathered in Wuhan, capital of Hubei province

Greek largest power firm sees potential of cooperation with China
Business2017-07-27 10:23July 29 2017 19:49:48

Greek largest power firm sees potential of cooperation with China

Employees work at Power Public Corporation's South Field lignite mine which is adjacent to Aghios Dimitrios power stati

Electric car production in nation to break even in 2025: UBS analyst
Business2017-07-27 10:23July 29 2017 19:49:48

Electric car production in nation to break even in 2025: UBS analyst

Manufacturing plants in China will manage to break even in production of electric cars in 2025 and then achieve a 5 percent profit margin in 2026, said Hou Yankun, chief China strategist and head of Asia autos research at UBS.

Environment, resource constraints biggest 'gray rhinos' in China: author
Business2017-07-27 10:23July 29 2017 19:49:48

Environment, resource constraints biggest 'gray rhinos' in China: author

The biggest gray rhinos facing China at present are the environment and resource constraints, which are so closely tied together, Michele Wucker, author of the book The GRAY RHINO said in an exclusive interview with Xinhua recently.

JD cuts list of qualified logistics services for vendors: media reports
Business2017-07-27 09:54July 29 2017 19:49:48

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 09:54July 29 2017 19:49:48

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 09:54July 29 2017 19:49:48

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 09:54July 29 2017 19:49:48

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 09:54July 29 2017 19:49:48

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 09:54July 29 2017 19:49:48

Foreign banks get investment boost

Advertisements for domestic and foreign banks in Beijing Financial Street

SOEs to convert to modern corporations
Business2017-07-27 09:14July 29 2017 19:49:48

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 09:14July 29 2017 19:49:48

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 09:14July 29 2017 19:49:48

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 09:14July 29 2017 19:49:48

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 09:14July 29 2017 19:49:48

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

Modernized structure to help clear institutional barriersWith some exceptions

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