EconomyLoop
where regional business news becomes global to everyone

Deals worth $2.29b inked at 2017 Tianmen Entrepreneurs Summit

A total of 43 investment deals worth 15.18 billion yuan ($2.29 billion) were signed at the 2017 Tianmen Entrepreneurs Summit, which was held on Friday in Tianmen city, Central China's Hubei province.... read more

 China Daily13 hours ago

     
Craftsman pursues 'beauty of welding'

In his smartphone, Yang Bo has a photo saved - a 316L stainless steel pipe he welded.... read more

 China Daily13 hours ago
China to maintain continuity, stability of monetary policy

China will maintain continuity and stability of its monetary policy to help establish a modernized economic system, the country's central bank said Friday.... read more

 China Org14 hours ago
China to transfer state capital to social security funds

China will transfer some state capital including shares of State-owned companies (SOE) and financial institutions to the country's social security funds as an aging society puts pressure on pension payments.... read more

 China Daily16 hours ago
Volvo Group sees opportunities in China's e-commerce boom

China's e-commerce industry needs better logistics solutions, an opportunity that Swedish commercial vehicle manufacturer Volvo Group is ready to seize.... read more

 China Daily18 hours ago
China's home prices remain stable in October

China's property market remained generally stable in October with home prices falling or posting slower growth in major cities amid tough control policies.... read more

 China Daily18 hours ago
Italian, Chinese businesses eye growth opportunities under Belt and Road

The Belt and Road Initiative would provide long-term development chances for growing industry sectors in Italy and China, according to professionals from both countries.... read more

 China Daily19 hours ago
China's green bond market goes to internationalization: expert

Sean Kidney, chief executive officer (CEO) of the international non-profit Climate Bonds Initiative, told Xinhua on Friday that issuances by three of the largest Chinese banks of green bonds were one of these important steps.... read more

 China Daily19 hours ago
15th Guangzhou Int'l Automobile Exhibition starts

A visitor takes photos at the 15th Guangzhou International Automobile Exhibition in Guangzhou, capital of South China's Guangdong province, Nov 17, 2017.... read more

 China Daily19 hours ago
Secoo targets high-end customers to provide luxury services

Secoo wants to be a conduit to help more Chinese brands to go abroad, said Li Rixue, founder and CEO of the firm.... read more

 China Daily19 hours ago
Nation to further boost digital economy

China is committed to developing a digital economy with openness and shared benefits and the rapid development of the country's internet is visible proof of its success.... read more

 China Org19 hours ago
CBRC tightens rules for commercial banks

China's top banking regulator has drafted a regulation on equity management for commercial banks to tighten controls on financial risk and combat illegal activities.... read more

 China Org19 hours ago
High-tech companies in the limelight at Shenzhen expo

Have you seen a machine that transforms air into drinking water, a window membrane to protect your home from outside pollutants, or a battery that needs only 30 seconds to charge?... read more

 China Daily20 hours ago
Safety a key concern for self-driving cars

Self-driving vehicles still have a long way to go before they can reach the mass production stage or be used commercially on a large-scale due to safety concerns, although such cars have become the development trend, experts said.... read more

 China Daily20 hours ago
Guangzhou rental housing scheme gets fresh impetus

State-owned Yuexiu Group and Pearl River Enterprise Group unveiled their subsidiaries for the rental housing business in Guangzhou on Thursday, with local branches of Industrial and Commercial Bank of China and China Construction Bank pledging at lea... read more

 China Daily21 hours ago
Nation to further boost digital economy

China is committed to developing a digital economy with openness and shared benefits and the rapid development of the country's internet is visible proof of its success, said Ren Xianliang, deputy director of the Cyberspace Administration of China.... read more

 China Daily21 hours ago
CBRC tightens rules for commercial banks

China's top banking regulator has drafted a regulation on equity management for commercial banks to tighten controls on financial risk and combat illegal activities.... read more

 China Daily21 hours ago
Safety a key concern for self-driving cars

Self-driving vehicles still have a long way to go before they can reach the mass production stage or be used commercially on a large-scale due to safety concerns, although such cars have become the development trend, experts said.... read more

 China Daily21 hours ago
German firms bullish on China

German companies doing business in China are more optimistic than last year on their economic prospects in the country, according to a survey published by the German Chamber of Commerce in China on Friday.... read more

 China Daily21 hours ago
China issues strongest supervision standard for financial products

China's top financial regulators issued guidance Friday for overseeing asset and wealth management products from all types of financial institutions, serving as the country's first unified and strongest supervision standard on this area of business.... read more

 China DailyYesterday
Shaanxi's cultural industry boosts efforts to work with Shenzhen

Northwest China's Shaanxi province is ramping up its efforts to promote cooperation in the cultural industry with Shenzhen, striving to transform from a "major cultural province" to a "strong cultural province".... read more

 China DailyYesterday
China-based German companies upbeat on 2018 business outlook: survey

German companies in China are generally upbeat about the outlook for next year, a survey showed Friday.... read more

 China DailyYesterday
Central bank conducts highest weekly liquidity injection in 10 months

China's central bank injected a net 621 billion yuan ($93.71 billion) into the market via open market operations this week to ease the liquidity strain, the largest amount in nearly 10 months.... read more

 China DailyYesterday
International students contribute to parcel boom in China

International students, joining hands with Chinese students, contributed to the parcel boom at universities all over China after the Singles Day shopping gala.... read more

 China DailyYesterday
Supply chain standardization will benefit China

Standardization in the supply chain would deliver great efficiency of logistics and bring huge economic and environmental benefits to China's economy, a senior executive from a supply chain logistics solutions provider said.... read more

 China DailyYesterday
Macy's pop-up store lands in Shanghai

A pop-up store by Macy's, the largest department store chain in the United States, made its debut on the ground floor of the Raffles City in the Changning district of Shanghai on Nov 17. Set to run until Nov 26, the shop aims to provide Chinese consu... read more

 China DailyYesterday
Volkswagen to spend heavily on China NEVs

Volkswagen will invest more than 10 billion euros along with its Chinese partners by 2025 to develop and manufacture new energy vehicles (NEVs) in China, Volkswagen Group China announced on Thursday.... read more

 China OrgYesterday
Investors seeking 5% stake in banks need watchdog's approval

China Banking Regulatory Commission rolled out a regulation draft on commercial banks' equity management Thursday to prevent shareholders from misusing their rights to harm banks' interests and is now asking public opinion on that, according to CBRC ... read more

 China DailyYesterday
Volkswagen to spend heavily on China NEVs

Volkswagen will invest more than 10 billion euros along with its Chinese partners by 2025 to develop and manufacture new energy vehicles in China.... read more

 China DailyYesterday
Vietnam-China intl trade fair yields economic deals

The 2017 Vietnam-China International Trade Fair in Vietnam's northern Lao Cai province has concluded, with eight economic contracts worth over $258.3 million signed, the provincial authorities said on Thursday.... read more

 China DailyYesterday
Iconic Beijing wholesale market to soon disappear

Beijing's largest clothing wholesale market will soon be a thing of the past as Dongding, the last of the wholesale district's 12 shopping centers, is set to close in two weeks.... read more

 China DailyYesterday
Consumer confidence grows in domestic formula brands

Infant formula and milk powder producer China Feihe International has seen sales of its high-end infant milk formula products grow 200 percent in the first half of 2017 over the same period last year, an indicator that Chinese consumers have graduall... read more

 China OrgYesterday
Chinese fintech firm Jianpu begins trading on NYSE

Chinese fintech company Jianpu Technology Inc, served as the independent open platform for discovery and recommendation of financial products in China, debuted on NYSE Thursday, trading under the symbol "JT".... read more

 China DailyYesterday
First RMB-denominated green bond issued in Paris

Bank of China (BOC), one of the country's four biggest lenders, has issued a green bond in Paris denominated in three currencies -- euro, US dollar and Chinese currency renminbi -- for a total equivalent amount of $1.5 billion, the bank said Thursday... read more

 China DailyYesterday
BYD signs green bus deal with Argentine province

Chinese automaker BYD will provide 50 pure electric buses to the Argentine province of La Rioja to help with its green development.... read more

 China DailyYesterday
Hi-tech fair bridges Chinese innovators with world

An exhibition featuring Chinese hi-tech products and technology opened Thursday in Shenzhen, South China's Guangdong province.... read more

 China DailyYesterday
China to open up payment industry

China will open up its payment industry in a balanced and orderly way, Fan Yifei, deputy governor of the People's Bank of China (PBOC), said at a forum Thursday.... read more

 China DailyYesterday
Chinese banks see net forex purchase rise in October

Chinese banks recorded the second straight month of net foreign exchange purchase in October as cross-border capital flows stabilized, official data showed Thursday.... read more

 China DailyYesterday
China raises retail fuel prices

China will raise the retail prices of gasoline and diesel starting Friday, the 10th increase and by far the largest this year, the country's top economic planner announced Thursday.... read more

 China DailyYesterday
China, Philippines issue joint statement to advance ties, promote cooperation

... read more

 China DailyYesterday
Big forex shake-up 'needed'

China needs to reform the management of its massive foreign exchange reserves to address excess leverage in the financial sector, a senior legislator said on Thursday.... read more

 China OrgYesterday
Boeing sees huge demand for wide-body aircraft

US aircraft maker Boeing Co said that by 2020, it will deliver its first B777X aircraft, the latest addition to its family of twin-aisle airplanes, and a more fuel-efficient and powerful version of the current B777-300ER. The company said it is bulli... read more

 China DailyYesterday
Airbus to set up innovation center in Shenzhen

Airbus Thursday announced that its second global innovation center will be established in Shenzhen, south China's Guangdong Province, with the aim to accelerate innovation and shape the future of flight.... read more

 China OrgYesterday
Baidu plans mass production of self-driving mini-bus

Chinese artificial intelligence (AI) giant Baidu has unveiled a plan to mass produce its self-driving mini-bus by July 2018, Economic View reported.... read more

 China OrgYesterday
China to open up payment industry

China will open up its payment industry in a balanced and orderly way, Fan Yifei, deputy governor of the People's Bank of China (PBOC), said at a forum Thursday.... read more

 China OrgYesterday
New EU anti-dumping law not in compliance with WTO rules

The European Union's new anti-dumping law that grants separate treatment for imports under "significant market distortions" is not in compliance with World Trade Organization rules, the Chinese Ministry of Commerce said Thursday.... read more

 China OrgYesterday
High-tech companies in the limelight at Shenzhen expo

Have you seen a machine that transforms air into drinking water, a window membrane to protect your home from outside pollutants, or a battery that needs only 30 seconds to charge?... read more

 China DailyYesterday
Volvo unveils self-driving truck prototype in Beijing

Volvo Group will step up efforts to tap China's commercial vehicle market as trucks are getting autonomous and connected to the internet, a top official said.... read more

 China DailyYesterday
Consumer confidence grows in domestic formula brands

Infant formula and milk powder producer China Feihe International has seen sales of its high-end infant milk formula products grow 200 percent in the first half of 2017 over the same period last year, an indicator that Chinese consumers have graduall... read more

 China DailyYesterday
VR technology set to transform healthcare

The booming technology of virtual reality could bring about revolutionary change in the medical field, though VR still faces huge challenges, experts said.... read more

 China DailyYesterday