Economy

The Asian Infrastructure Investment Bank (AIIB) on Thursday announced the approval of the establishment of an interim operational hub, its first overseas office, as the fast-growing bank aims to expand…

China’s Ministry of Commerce has allocated a new 5 million ton oil product export quota, bringing the total refined fuel export quota so far this year to 22.5 million tons,…

A real estate developer in Shenzhen, South China's Guangdong Province, has launched a trade-in promotion, stating that the developer allows home buyers to trade-in their old home in exchange for…

The Civil Aviation Administration of China (CAAC) on Thursday reported a tourist helicopter crash in Beijing on Wednesday, during which two pilots onboard were killed. According to the North China…

Apparel brands Bershka, Pull & Bear and Stradivarius, three brands within the Spanish Inditex group which is also the Zara's parent company, posted notices on their official online stores on…

Chinese top real estate companies saw their sales almost halved in the first half of 2022 mainly due to constrained consumption amid sporadic COVID-19 flare-ups and the lingering effect of…

China's space-themed tourism market is burgeoning following notable achievements in the space exploration program in recent years. According to a report published by Chinese tourism platform Qyer.com on Tuesday, 94.4…

Chinese scholars and experts said the US' approach to international order has disrupted global economic development and industrial chain cooperation, which is harmful to the post-epidemic global economic recovery and…

Chinese mobile phone brand Vivo denied Indian media's allegation of money laundering in the country, saying it's committed to be fully compliant with laws in India. "Vivo India is cooperating…

The Three Gorges Hydroelectric Power Station, the world's largest hydroelectric power plant under China Gorges Corporation (CTG), has entered full operation on June 28 to meet the coming summer power…