Economy

From banks to exchanges, financial institutions in Shanghai are beefing up efforts to maintain services as the city copes with its most stringent antivirus measures to date. Shanghai reported 326…

China's National Energy Administration on Tuesday released guidelines to accelerate the development of clean energy bases in Southwest China's Xizang Autonomous Region, a move to promote a high-quality energy development…

China's three telecom carriers have been scaling up efforts to provide a stable telecom network in Shanghai, including expanding computer cloud servers, enlarging coverage of 5G network and upgrading telecom…

China's Vice Foreign Minister met representatives of the German Chamber of Commerce in China (AHK) on Monday as the year 2022 marks the 50th anniversary of the establishment of diplomatic…

Following Chinese telecom equipment giant Huawei's latest release of its 2021 annual report, financial agencies expected that devices equipped with HarmonyOS may be able to exceed the critical 16 percent line…

New business models help reduce agricultural production cost, improve efficiency Dai Yifa (pseudonym), a peach orchard owner in Wuxi city, East China's Jiangsu Province, recently bought a small orchard lift…

Chinese telecoms equipment giant Huawei on Monday reported that its 2021 revenue reached 636.8 billion yuan ($99.97b), down 28.6 percent year-on-year; however, net profit surged 75.9 percent year-on-year to 113.7…

Chinese drone manufacturer DJI said on Monday that foreign accusations that the company was supporting war is "completely false" and the removal of its products from German retailer MediaMarkt was…

Chinese food delivery company Meituan on Friday reported a 30.6 percent rise in fourth-quarter revenue, making its whole year revenue reaching 179.1 billion yuan ($28.15 billion), a year-on-year increase of…

Hong Kong's economy is on course to contract in the first quarter of 2022, breaking a four-quarter run of recovery, but confidence in the economy remains, said Paul Chan Mo-po,…