EconomyLoop
where regional business news becomes global to everyone

State Council praises local governments’ reform programs

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 China Daily18 days ago

     
CNOOC project expands oil refinery capacity

China National Offshore Oil Corporation (CNOOC) said Monday its project in Huizhou City, Guangdong Province, has almost doubled its crude refining capacity to 22 million tonnes per year.... read more

 China Org18 days ago
China leads global quantum communication development

After saying nihao, or hello, to his Austrian counterpart some 7,000 kilometers away, Bai Chunli, president of the Chinese Academy of Sciences, completed the world's first intercontinental quantum communication in Beijing.... read more

 China Org18 days ago
AIIB to co-finance India's power transmission project

Asian Infrastructure Investment Bank (AIIB) has planned to help India improve its power transmission network and expand the use of solar and wind energy with a loan of 100 million U.S. dollars.... read more

 China Org18 days ago
China's RRR cut not aiming at short-term liquidity: CICC

China's latest cut in reserve requirement ratio (RRR) is not intended to ease short-term liquidity pressure, but is rather part of the government efforts in structural adjustment, according to a major investment bank.... read more

 China Org18 days ago
Railways carry record passengers on National Day

Chinese railways set a new record in daily passenger traffic as more than 15 million trips were made on National Day, the first day of an eight-day holiday, China Railway Corporation said Monday.... read more

 China Org19 days ago
ADB approves $150 mln loan to Xinjiang

The Asian Development Bank (ADB) has approved a 150 millon U.S. dollars loan to help improve infrastructure and living environment in a prefecture of China's Xinjiang Uygur Autonomous Region.... read more

 China Org19 days ago
China expands regulations on green cars

China will impose tough regulations from April 2018 on passenger car makers and importers to reduce energy consumption and expand sales of new energy vehicles (NEVs).... read more

 China Org19 days ago
National Day holiday starts with rising tourism revenue

Tourism income in China rose 12.2 percent year on year on Sunday, the first day of the country's National Day holiday, China National Tourism Administration (CNTA) said.... read more

 China Org19 days ago
New force behind China's shifting economic landscape

The new force is reshaping China's economic structure. The economy, once reliant on fixed-asset investment and exports, is increasingly fueled by services and consumption, and the Internet is speeding up this process.... read more

 China Org19 days ago
Infographic: 10 key words about China's economy

10 key words about China's economy.... read more

 China Daily19 days ago
Chinese yuan's global march, a year after SDR entry

A year has passed since the Chinese currency renminbi, or the yuan joined the IMF Special Drawing Right (SDR) basket. While the impact of the move may appear limited, the currency has taken steady steps on its global march.... read more

 China Daily20 days ago
Tibet opens Lhasa-Nyingchi expressway

An expressway opened Sunday linking Lhasa and Nyingchi, the two major cities and tourist attractions in Tibet autonomous region.... read more

 China Daily20 days ago
Honda to start massive recall in China over airbags

Honda will begin recalling 245,101 automobiles in China due to defective airbags on Oct 23, according to China's consumer quality authority.... read more

 China Daily20 days ago
Yuan gets more international recognition despite volatility

China’s yuan (renminbi) is heading for its biggest quarterly advance since 2011 even though it still faces a noticeable sharp reversal this week.... read more

 China Org20 days ago
Cargo train services launched between China's Shanxi, Kazakhstan

Cargo train services began Saturday between Taiyuan, capital of north China's Shanxi Province, and Kazakhstan's Pavlodar.... read more

 China Daily20 days ago
21 companies debut on China's 'new third board'

China's National Equities Exchange and Quotation (NEEQ), also known as the "new third board," saw 21 new small and medium-sized enterprises last week.... read more

 China Daily20 days ago
Premier Li meets with Friendship Award recipients

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 China Daily20 days ago
Policies from the week concerning people’s lives

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 China Daily20 days ago
Infographic: Sizing up China economy in numbers

Sizing up China economy in numbers... read more

 China Daily20 days ago
China approves 9 IPO applications

China's securities regulator has approved IPO applications from nine companies.... read more

 China Daily20 days ago
China sets goals for green agriculture

China on Saturday released guidelines on green development in agriculture, setting goals for resource conservation and environmental protection.... read more

 China Daily20 days ago
Cargo train services launched between China's Shanxi, Kazakhstan

Cargo train services began Saturday between Taiyuan, capital of north China's Shanxi Province, and Kazakhstan's Pavlodar.... read more

 China Org20 days ago
Beijing's first joint ownership housing program lottery opens

A total of 427 from more than 12,000 eligible families in Beijing were chosen Saturday in a lottery system allowing them to purchase the city's first joint ownership homes.... read more

 China Org20 days ago
China announces targeted RRR cut for inclusive financing

China's central bank Saturday announced a targeted reserve requirement ratio (RRR) cut to encourage inclusive financing at commercial banks, such as credit support for small and micro-sized enterprises, startups and agricultural production.... read more

 China Daily20 days ago
Beijing's first joint ownership housing program lottery opens

A total of 427 from more than 12,000 eligible families in Beijing were chosen Saturday in a lottery system allowing them to purchase the city's first joint ownership homes.... read more

 China Daily20 days ago
Chinese cities regulate bike sharing service

Hangzhou, capital of East China's Zhejiang province, issued a guideline Friday to regulate the city's booming bike-sharing market.... read more

 China Daily21 days ago
Global tourist destinations brace for Chinese national holiday

Hundreds of thousands of overseas shops in countries all over the world now support Alipay payment in hope of attracting Chinese tourists during the upcoming eight-day national holiday.... read more

 China Daily21 days ago
China opens pineapple market to Malaysia for first time

China has opened the market to Malaysian pineapples for the first time, with the first batch of products arriving at the Shanghai Pudong International Airport Friday.... read more

 China Daily21 days ago
Renminbi gets more international recognition despite volatility

In late 2016, Zhang Jianzhou was put in charge of a cross-country M&A project worth more than $3.9 billion.... read more

 China Daily21 days ago
Live streaming platform shut down for pornographic content

An online live streaming platform has been shut down due to pornographic content and 12 suspects have been arrested.... read more

 China Daily21 days ago
International tea forum, selenium products expo close

The 2017 International Tea Forum and the Fourth Selenium Products Expo closed on Friday in the Enshi Tujia and Miao autonomous prefecture, central China's Hubei province.... read more

 China Daily21 days ago
China to fight money laundering, terrorist financing in non-financial sectors

China will extend its fight against money laundering and terrorist financing in non-financial sectors, the central bank has said.... read more

 China Daily21 days ago
Revitalizing the traditional brocade

Locals in Suzhou, East China's Jiangsu province, are exploring ways to revitalize the time-honored handicraft of Song brocade, which originated here in the Song Dynasty (960-1279).... read more

 China Daily21 days ago
China's Caixin manufacturing PMI drops in September

Manufacturing activities at smaller Chinese enterprises expanded at a slower pace in September, a private survey showed on Saturday.... read more

 China Daily21 days ago
Nokia lends helping hand to Belt and Road countries

Nokia Shanghai Bell eyes a greater international role through helping countries and regions related to the Belt and Road Initiative construct telecommunication infrastructure.... read more

 China Daily21 days ago
Illinois governor expects to expand trade, investment with China

The governor of the US state of Illinois has shown a strong interest in expanding mutually-beneficial cooperation with China in areas ranging from trade to tourism.... read more

 China Daily21 days ago
US disapproval of Chinese acquisition 'disappointing': Amsterdam-based mapping firm

Amsterdam-based mapping firm HERE Technologies told Xinhua on Friday that US authorities' disapproval of Chinese investors' bid to buy a minority of its stake is "disappointing".... read more

 China Daily21 days ago
Fijian PM satisfied with China-aided bridge project

Fijian Prime Minister Voreqe Bainimarama inspected a China-aided bridge project in downtown Suva, capital of Fiji, showing his satisfaction with the development and quality of the project.... read more

 China Daily21 days ago
Major railway in western China starts operation

A major railway line connecting Lanzhou, capital of Northwest China's Gansu province, with the southwestern metropolis of Chongqing was put into operation on Friday.... read more

 China Daily21 days ago
CBRC cautions on surging consumer loans

China's top banking regulator on Friday warned surging consumer loans may pose potential risks to the country's lending system.... read more

 China Org21 days ago
SpaceX reveals plan for manned journey to Mars by 2024

Space Exploration Technologies Corporation (SpaceX) unveiled its plans to put humans on Mars as early as 2024 in Australia on Friday.... read more

 China Org21 days ago
New China-Europe rail-sea cargo route opens

A new China-Europe rail-sea cargo transport route was launched Friday in Urumqi, capital of Northwest China's Xinjiang Uygur autonomous region.... read more

 China Daily21 days ago
China's non-manufacturing sector expands at faster pace

China's non-manufacturing sector expanded at the fastest pace since June 2014 in September, official data showed Saturday.... read more

 China Daily21 days ago
China's train maker to provide maintenance services to Kenya railway

CRRC Corporation confirmed Friday that its subsidiary CRRC Qishuyan Co Ltd has secured a business order for the maintenance of Kenya's Mombasa-Nairobi Standard Gauge Railway.... read more

 China Daily21 days ago
Luxembourg woos Chinese investors

Luxembourg, the second-largest financial hub of the European Union, welcomes Chinese investors and expects China to open up its markets further and carry out more economic reforms.... read more

 China Daily21 days ago
China's economy steady, outlook positive: Think tank

China's economy maintained steady growth in the third quarter with a positive outlook, according to a government think tank report released Friday.... read more

 China Daily21 days ago
China's manufacturing activity continues to pick up in September

China's manufacturing sector continued to expand in September, suggesting strong economic resilience against headwinds.... read more

 China Daily21 days ago
Alibaba, Tencent to set up units in Xiongan New Area

Chinese corporate behemoths Alibaba Group Holding Ltd, Tencent Holdings Ltd and Baidu Inc will set up branches in China's Xiongan New Area.... read more

 China Daily21 days ago
Disney opens doors for Chinese animation filmmakers

As the first US-China social and people-to-people dialogue kicks off on Thursday in Washington D.C., Walt Disney Studios did its own bit by hosting a cross-cultural dialogue of its own.... read more

 China Daily21 days ago