Financial platforms in China should be strictly regulated: former minister of finance
Former finance minister Lou Jiwei said on Sunday that if a single digital financial platform takes up too big of a market share, it may eventually lead to a large ...
China releases rules on foreign investment security review
Chinese authorities on Saturday released rules on foreign investment security review to safeguard national security while spurring foreign investment.
Revenue of China's mobile game industry soars
Revenue of China's mobile game industry soared by an estimated 32.61 percent year on year to nearly 210 billion yuan (about 32 billion US dollars) in 2020, industry data showed. ...
China's middle-income population to rise to 800 million by 2035: MOFCOM
China's middle-income population will rise steadily and may reach 800 million in the next 15 years, said Qian Keming, vice minister of commerce of China, over the weekend, adding the ...
Shenzhen truck drivers increasingly worried about containers stuck abroad
As China continues to churn out and deliver medical-care goods needed by the world amid the coronavirus pandemic, freight drivers at Shenzhen's Yantian Port in South China's Guangdong Province are ...
Chinese steel association urges new pricing mechanism for iron ore
Luo Tiejun, vice president of China Iron and Steel Association, called for a new pricing mechanism for iron ore, as the S&P Global Platts iron ore index increased significantly: $45.1 ...
DJI could incur chip shortage after being added to US 'entity list'
The Bureau of Industry and Security (BIS) of the U.S. Department of Commerce on Friday put 77 entities on its "entity list," most of which are Chinese companies, universities and ...
E. China's Shaoxing signs 12 co-operative projects with Shanghai
Shaoxing, a city in East China's Zhejiang Province, has signed 12 co-operative projects with Shanghai, at a time when China is pushing the economic integration of cities in the Yangtze ...
Trump signs bill that could delist Chinese companies from US stock exchanges
US President Donald Trump on Friday signed into law a new bill that could kick Chinese companies off US stock exchanges if they don't comply with American auditing standards within ...
China aims for more supply chain autonomy in 2021
Beijing has set the task of enhancing independence and autonomy of the industrial and supply chain and deal with the key areas and "stranglehold" problems in 2021, according to a ...
Chinese mobile phone brands take 60% of global market
Despite the global COVID-19 pandemic, Chinese mobile phones are gaining in popularity in the global market. According to the international e-commerce platform Aliexpress, Chinese mobile phone brands now have a ...
China's mystery boxes win hearts overseas as exports shoot up 400%
Mystery boxes, a toy box that contains one figure from a large selection that is not visible until it is open, are gaining popularity overseas as well as in the ...
Xugong Group to get $2.3b in mixed-ownership reform
Xugong Group Construction Machinery Co is set to receive about 14.8 billion yuan ($2.26 billion) from backers including GIC Pte Ltd, sources said, in one of China's biggest mixed-ownership reforms ...
China chip self-sufficiency up the agenda with maximum of 10-year tax exemption: analyst
China has rolled out a maximum 10-year tax exemption for integrated circuit industry on Wednesday, a move signalizing China's aim to be self-sufficient in the IC industry if faced with ...
5G technology now part of China's refining and chemical industry
5G technology has been integrated into the petrochemical industry in South China's Hainan Province. 22 5G base stations are expected to be complete in 2021, according to Chinanews.
Cargill staff members in Anhui Province tested negative for COVID-19
All staff members at Anhui provincial branch of agribusiness company Cargill and the collected environment samples there, were tested negative after one of the company's locally-produced chicken legs tested positive ...
China asks the Netherlands to treat Huawei, supply of EUV lithography, fairly
China's Ministry of Commerce suggested the Netherlands to take a fair, transparent and open stance towards Huawei's 5G and supply of its EUV lithography machines, and try to promote liberalization ...
Industry insiders call for fair reporting amid soaring iron ore prices
The blatantly misleading overseas media reports about Australia's iron ore trade with China have destabilized the market and possibly contributed to soaring prices, said industry insiders, who spoke of the ...