Posted inEconomy
Apps bank on big red packet promos
Spring Festival has become a promotional battlefield for Chinese internet companies as they prepare to shell out more than 10 billion yuan ($1.45 billion) on digital red packets this year,…
Posted inEconomy
China’s FTZ favored by foreign investors
East China's Jiangsu Province has shown increasing appeal to foreign investors in less than half a year after it was established as a pilot free trade zone (FTZ). Since its…
Posted inEconomy
Chinese economy in good position for future growth: US economist
The Chinese economy is in a good position for future growth as the country is making headway in further reform and opening-up at an appropriate pace, a senior US economist…
Posted inEconomy
S.Korea’s real GDP growth hits 10-year low in 2019
South Korea's real gross domestic product (GDP), adjusted for inflation, posted the lowest growth in 10 years last year, central bank data showed Wednesday. The real GDP grew 2.0 percent…
Posted inEconomy
China’s auto market to bottom out this year and next
China's auto market will likely bottom out this year and next, after posting sales declines for two consecutive years, a senior official said Monday. Both car sales and production are…
Precious three-minute family reunion at railway station in Hebei
Li Qi (R) checks the takeaway food for passengers at a railway station in Shijiazhuang, north China's Hebei Province, Jan. 21, 2020. The Spring Festival is the biggest occasion for…
Posted inEconomy
Chinese vice premier calls for joint efforts to bolster economic globalization
Chinese Vice Premier Han Zheng here on Tuesday called on the international community to build an inclusive and open world economy and uphold multilateralism in support of economic globalization. Han,…
Posted inEconomy
China’s CEOs optimistic about 2020 annual revenue: report
Chinese CEOs showed the highest level of optimism about global economic growth in 2020 and 45 percent of the surveyed Chinese CEOs said they are "very confident" in their 12-month…
Posted inEconomy
China welcomes competitive American goods
Country focuses on carrying out phase one trade deal with US on market basis: experts China will implement the phase one trade deal based on market and WTO rules, aiming…
Posted inEconomy
Mining mutual aid
Chinese firms expand footprint in Myanmar as ties warm up A three-hour's drive from Myanmar's second largest city Mandalay sits the Letpadaung Copper Mine, spanning about 40,000 hectares in Monywa.…