Economy Archives - Page 216 of 314

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…

Danfe TV May 5, 2021

Economy

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…

Danfe TV May 5, 2021

Economy

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…

Danfe TV May 5, 2021

Economy

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…

Danfe TV May 5, 2021

Economy

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…

Danfe TV May 4, 2021

Economy

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…

Danfe TV May 3, 2021

Economy

China’s May Day holidays open on an upbeat note with flight, hotel bookings hitting record highs over 1st day

The May Day holidays opened on an upbeat note, with flight and hotel bookings hitting record highs on Saturday, as "revenge" travel and consumption is now all the rage over…

Danfe TV May 2, 2021

Economy

Chinese regulators summon internet finance firms, a demonstrative move for other players to investigate own issues

Interview with industry giants has a demonstrative role for other players China's financial regulators held talks with representatives of 13 internet firms which have fintech businesses including Tencent, Du Xiaoman…

Danfe TV April 30, 2021

Economy

CAAC changes its regulation for inbound flights to China to help travelers

The Civil Aviation Administration of China (CAAC) modified its policy for airlines flying to China. Market observers said the reform is more flexible and helps travelers. The adjustment came after…

Danfe TV April 30, 2021

Economy

Companies including Tencent Holdings each fined $77,000 over monopoly

A number of Chinese companies, including Chinese internet giant Tencent and subsidiaries of ride-hailing company DiDi and e-commerce giant Suning, were each fined 500,000 yuan ($77,220) over antimonopoly breaches, the…

Danfe TV April 30, 2021