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China's MOC spokesperson talks on economic, trade consultation with U.S.
Business2018-12-05 14:56March 21 2019 20:05:01

China's MOC spokesperson talks on economic, trade consultation with U.S.

A spokesperson for the Ministry of Commerce (MOC) said Wednesday that the latest meeting between presidents of China and the United States on economic and trade issues was "very successful."

Toyota ends cooperation with German environmental group DUH
Business2018-12-05 10:02March 21 2019 20:05:01

Toyota ends cooperation with German environmental group DUH

Japanese car manufacturer Toyota is ending its long-standing cooperation with German environmental group Environmental Action Germany (DUH), a Toyota spokesperson announced on Tuesday.

China's Tencent Music launches U.S. IPO
Business2018-12-04 10:40March 21 2019 20:05:01

China's Tencent Music launches U.S. IPO

Tencent Music Entertainment, a leading online music platform in China, filed for an initial public offering (IPO) of up to 1.23 billion U.S. dollars with the U.S. Securities and Exchange Commission on Monday.

China approves UBS to gain control of securities JV
Business2018-12-03 09:51March 21 2019 20:05:01

China approves UBS to gain control of securities JV

China's securities regulator has approved UBS AG's plan to gain a majority stake in its mainland securities joint venture (JV).

5G and AI to transform China’s short-video sphere
Business2018-12-02 20:47March 21 2019 20:05:01

5G and AI to transform China’s short-video sphere

China's short-video network has become one of the most commonly used platforms for online users, according to China Netcasting Services Association (CNSA), with the number of users hitting 594 million.

China to further reduce retail oil prices
Business2018-12-01 15:48March 21 2019 20:05:01

China to further reduce retail oil prices

China on Friday announced a third straight cut in retail prices of oil products in this month, the largest reduction since 2008, the top economic planner said Friday.

China to raise limit on cross-border online purchases
Business2018-11-30 16:32March 21 2019 20:05:01

China to raise limit on cross-border online purchases

China's raising the limit on cross-border online purchases, as well as expanding its list of duty-free goods starting January 1, 2019, according to a statement by the Ministry of Finance on Friday.

U.S. business groups urge White House to resolve trade dispute with China
Business2018-11-29 14:28March 21 2019 20:05:01

U.S. business groups urge White House to resolve trade dispute with China

China Minsheng Bank will boost capital support for private businesses to facilitate high-quality development of China's real economy.

China Minsheng Bank to facilitate financing for private firms
Business2018-11-29 11:51March 21 2019 20:05:01

China Minsheng Bank to facilitate financing for private firms

China Minsheng Bank will boost capital support for private businesses to facilitate high-quality development of China's real economy.

Cyber Monday to test limits of retailers' websites as shoppers scour deals
Business2018-11-27 09:37March 21 2019 20:05:01

Cyber Monday to test limits of retailers' websites as shoppers scour deals

Cyber Monday was on track to bring in a record 7.8 billion U.S. dollars in U.S. online sales, as millions of shoppers scoured for steep discounts on everything from Lego sets to big-screen TVs.

Over 60 percent of public firms upbeat about 2018 performance
Business2018-11-25 15:28March 21 2019 20:05:01

Over 60 percent of public firms upbeat about 2018 performance

More than 60 percent of China's listed companies that have released their full-year performances estimate they will post profit growth in 2018.

China's passenger vehicle sales decline in October
Business2018-11-25 09:58March 21 2019 20:05:01

China's passenger vehicle sales decline in October

China's passenger vehicle sales stood at 2.05 million units in October, down 0.66 percent from September and a decline of 12.99 percent from the same month last year, industry data showed.

BMW gains ride-hailing license in China
Business2018-11-24 13:29March 21 2019 20:05:01

BMW gains ride-hailing license in China

German carmaker BMW has obtained a ride-hailing license in Chengdu, capital of southwest China's Sichuan Province, and will launch services in the city from December, local authorities said Thursday.

Nissan board fires Ghosn as chairman following arrest
Business2018-11-23 13:19March 21 2019 20:05:01

Nissan board fires Ghosn as chairman following arrest

Nissan Motor Co. fired Carlos Ghosn as chairman Thursday, curtailing the powerful executive's nearly two-decade reign at the Japanese automaker after his arrest for alleged financial improprieties.

BMW gains ride-hailing license in China
Business2018-11-23 10:11March 21 2019 20:05:01

BMW gains ride-hailing license in China

German carmaker BMW has obtained a ride-hailing license in Chengdu, capital of southwest China's Sichuan Province, and will launch services in the city from December, local authorities said Thursday.

Shanghai exchange censures Zhao Wei
Business2018-11-22 14:06March 21 2019 20:05:01

Shanghai exchange censures Zhao Wei

The Shanghai Stock Exchange publicly censured and disciplined Chinese actress Zhao Wei and her husband Huang Youlong, and denied a report related to science and technology innovation board.

Google's sibling Waymo to start driverless car service next month
Business2018-11-16 16:43March 21 2019 20:05:01

Google's sibling Waymo to start driverless car service next month

Waymo, a subsidiary of Google's parent company Alphabet, will launch the world's first commercial self-driving car service in early December, according to Bloomberg.

Chinese online lender Weidai makes NYSE debut
Business2018-11-16 09:46March 21 2019 20:05:01

Chinese online lender Weidai makes NYSE debut

Weidai, which provides an auto-secured loan platform for small businesses in China, rang the New York Stock Exchange (NYSE) opening bell on Thursday in celebration of its initial public offering (IPO).

Chinese automaker Zotye plans to sell vehicles in US in 2020
Business2018-11-15 20:09March 21 2019 20:05:01

Chinese automaker Zotye plans to sell vehicles in US in 2020

Chinese automaker Zotye Auto said it plans to start selling vehicles in the United States in 2020.

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