Posted inEconomy
SpaceX lands Starship rocket
SpaceX managed to land its prototype Starship rocket at its Texas base without blowing it up on Wednesday, the first time it has succeeded in doing so in five attempts.…
Posted inEconomy
Blue Origin opens up bidding for first ‘spectacular’ space tourism trip in July
Blue Origin, billionaire Jeff Bezos' rocket company, said on Wednesday it is targeting July 20 for its first suborbital sightseeing trip on its New Shepard spacecraft, a landmark moment in…
Posted inEconomy
Consumption in China to inject confidence in post-pandemic era
On the first working day after the May Day holidays, which generated travel-related spending with year-on-year growth of 138.1 percent to 113.23 billion yuan ($17.5 billion), consumers in the world's…
Posted inEconomy
China’s major ports report growth in container throughput
China's major ports reported growth in container throughput in mid-April, data from an industrial association shows. From April 11 to 20, container throughput at China's eight key ports increased 17.8…
Posted inEconomy
China continues to see record travel numbers over holiday, consumption witnesses ‘explosive recovery’
China has continued to see a record number of travelers across the country as the five-day May Day holiday nears its end. As return passenger flow increased on Tuesday, the…
Posted inEconomy
China’s tourism sees a ‘bang’ during May Day holiday, with 230 million trips being reported
China's tourism sector saw a bang during the 5-day May Day holiday, with a total of 230 million trips being reported, reaching pre-pandemic levels. Tourism revenue during the holiday hit…
Posted inEconomy
Huawei HarmonyOS phones are coming, challenges remain as devices market share keeps declining
Challenges remain as devices market share keeps declining Huawei opened an account on Tuesday for its self-developed Harmony operating system (OS) on China's mass social media Sina Weibo, a move…
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Chinese Embassy in India expresses concern on Chinese vendors’ exclusion from 5G trials
The Chinese Embassy in India on Wednesday expressed "concern and regret" after the Indian telecommunications ministry decided to exclude Chinese telecoms companies from conducting 5G trials with Indian telecom service…
Posted inEconomy
Global investors flock to China amid improved business environment
Global investors' enthusiasm for the Chinese market seems unstoppable despite the COVID-19 pandemic, as the latest data showed that China successfully navigated the economic fallout in the turbulent year and…
Posted inEconomy
Hong Kong GDP up 7.8% in Q1 after 6 straight quarters of decline
Hong Kong’s GDP saw an increase of 7.8 percent in the first quarter this year, substantially beating market expectations of around 3.7 percent and ending six straight quarters of growth…