EconomyLoop
where regional business news becomes global to everyone

Prognosis for pharma: healthy times ahead

Multinational drug companies are applauding China’s efforts to open its market wider and embrace global health-care standards.... read more

 Shanghai Daily39 days ago

     
Fast growth seen in service imports

CHINA has seen fast growth in service imports since it joined the World Trade Organization in 2001, according to a report released by China’s Ministry of Commerce at the China International Import Expo... read more

 Shanghai Daily39 days ago
CR929 prototype debuts at show

A PROTOTYPE of CR929, the first long-haul jet jointly developed by China and Russia, was unveiled in Zhuhai, south China’s Guangdong Province, yesterday.... read more

 Shanghai Daily39 days ago
Model of Tianhe’s module unveiled

A FULL-SIZE model of the core module of China’s space station Tianhe made its debut at the China International Aviation and Aerospace Exhibition in Zhuhai, south China’s Guangdong Province, yesterday.... read more

 Shanghai Daily39 days ago
Economic challenges call for new tactics

GLOBAL trade should stay on course for further opening up while international trade organizations will need to adopt new formats to deal with the changing situation, especially challenges of rising protectionism... read more

 Shanghai Daily40 days ago
Science-tech board for SSE to be launched

CHINESE President Xi Jinping yesterday announced the setting up of a new board on the Shanghai Stock Exchange for science and technology innovation. The board will support the city’s development as an... read more

 Shanghai Daily40 days ago
Steady growth on economy into 2018

China’s manufacturing activity edged down in December, official data showed yesterday, but largely maintained momentum despite curbs on heavy industry aimed at taming the country’s chronic air polluti... read more

 Shanghai Daily41 days ago
PBOC: Financial system strong

China’s financial system shows resilience and stability amid mounting external uncertainties, as the country moves to resolve systemic risks, the central bank said in a report. The country’s economic... read more

 Shanghai Daily41 days ago
Good growth in business for culture sector

The country’s culture sector and related businesses maintained rapid growth in the first nine months of this year, according to the National Bureau of Statistics.... read more

 Shanghai Daily41 days ago
Import Expo FAQs

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 Shanghai Daily42 days ago
A milestone in China’s reform

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 Shanghai Daily42 days ago
Expo’s giant innovative leap for mankind

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 Shanghai Daily42 days ago
Financial industry set to benefit as door to market opens wider

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 Shanghai Daily42 days ago
Baidu, FAW team up on driverless car strategy

Chinese search engine giant Baidu unveiled a partnership with state-owned automaker FAW Group Corp to produce L4 level autonomous driving passenger vehicles using Baidu’s Apollo artificial intelligence... read more

 Shanghai Daily44 days ago
City pushing future of smart vehicles

SHANGHAI will further promote the development of the automotive electronics sector, a top Shanghai Commission of Economy and Informatization official said during an automotive forum in the city yesterday. Commission... read more

 Shanghai Daily44 days ago
New home sales in retreat, but prices gain

SHANGHAI’S new home market continued a notable retreat in sales last month despite an increase in new supply, the latest industry data showed. The area of new residential properties sold, excluding government-subsidized... read more

 Shanghai Daily44 days ago
World Bank praises Shanghai’s business reforms, opening-up

THE World Bank has given a strong thumbs-up on Shanghai’s progress in cutting red tape and introducing reforms to improve the business environment over the past year. The findings in the bank’s latest... read more

 Shanghai Daily44 days ago
BoE cuts growth outlook over Brexit

The Bank of England yesterday trimmed its growth forecasts as Brexit approaches and froze interest rates — but warned it could alter monetary policy “in either direction” after Britain leaves the European... read more

 Shanghai Daily44 days ago
Manufacturing data nudges stocks higher

Shanghai stocks eked out small gains yesterday, lifted by data showing modest manufacturing expansion.... read more

 Shanghai Daily44 days ago
New Airbus seats made in China

Airbus has delivered China Express with an A320 airplane, the first Airbus passenger plane equipped with seats manufactured by a Chinese company, Airbus China said yesterday.... read more

 Shanghai Daily45 days ago
Polysilicon dumping penalties end today

China will remove anti-dumping and countervailing measures on solar-grade polysilicon imports from the EU from today, the Ministry of Commerce announced yesterday.... read more

 Shanghai Daily45 days ago
Unemployment rate continues falling

China’s job market remained stable in the first three quarters of this year as the urban unemployment rate continued to drop, with emerging industries as the biggest employer, official data showed.... read more

 Shanghai Daily45 days ago
BoJ cuts inflation forecast again, 2% target remains out of reach

Japan’s central bank revised down inflation forecasts again yesterday, in the latest sign it has failed to make headway toward its 2 percent target despite years of massive monetary easing.... read more

 Shanghai Daily45 days ago
Global insurance M&A bounces back

Global insurance mergers and acquisitions rose to 37 billion euros (US$41.9 billion) in the first six months of 2018, with a host of mega deals resulting in the highest first-half total since the financial... read more

 Shanghai Daily45 days ago
Self-driving cars to take to public roads

Ford Motor Co and Baidu Inc launched a two-year project yesterday to test self-driving vehicles on Chinese roads, amid a global race by carmakers and Internet firms to develop autonomous vehicle techn... read more

 Shanghai Daily45 days ago
Early investors celebrate as bitcoin turns 10

Seven years ago, Marshall Hayner gave his grandfather 1 bitcoin, worth about US$30.... read more

 Shanghai Daily45 days ago
Shanghai shares rise on profits, jobs figures

SHANGHAI stocks closed higher yesterday, lifted by positive economic data and better-than-expected third-quarter earnings reports by listed companies. The Shanghai Composite Index rose 1.35 percent to... read more

 Shanghai Daily45 days ago
Manufacturing grows but at a slower pace

CHINA’S manufacturing sector continued to expand at a slower but more sustainable pace in October, despite external uncertainties. The country’s Manufacturing Purchasing Managers’ Index came in at 50.2... read more

 Shanghai Daily45 days ago
Artificial intelligenceassists drug research

Artificial intelligence is playing a key role in new drug development and smart medical treatment by capturing, analyzing and activating data.... read more

 Shanghai Daily46 days ago
Stocks up as regulator moves to aid market

SHANGHAI stocks closed up yesterday with market sentiment buoyed by an announcement by China’s securities regulator that it would guide more medium- and long-term capital into the market. The Shanghai... read more

 Shanghai Daily46 days ago
Eurozone growth falls, Italy woes weigh

Growth in the eurozone slowed significantly in the third quarter, official data showed yesterday, as Italy’s economic troubles weighed and car production in Germany was disrupted.... read more

 Shanghai Daily46 days ago
Visiting Australia? Didi now there, too

Didi said it plans to offer a roaming service from next month so that Chinese visitors can enjoy ride-sharing services while traveling in Australia.... read more

 Shanghai Daily46 days ago
China eyes more cuts to company tax, fees

The Chinese government is expected to step up tax and fee reductions for enterprises as part of efforts to bring down the burden on the real economy, according to China Securities Journal.... read more

 Shanghai Daily46 days ago
China’s Cousteau? Watch this visionary!

Commercial drones have shown that the sky is no longer the limit.... read more

 Shanghai Daily47 days ago
Improvement in ‘speed, safety, comfort, intelligence’ of mobility

German-based global leading automotive supplier Continental is a major player in the industry that has benefited from China’s reform and opening-up policies, now in their 40th year.... read more

 Shanghai Daily47 days ago
Shares slide as growth in industrial profits falls

SHANGHAI stocks fell yesterday after data showed industrial profit growth slowed in September from August. The Shanghai Composite index lost 2.18 percent to close at 2,542.10 points. Coal and consumer... read more

 Shanghai Daily47 days ago
Manufacturers almost 50% of all stocks

Chinese public manufacturing companies accounted for nearly half the country’s stock market capitalization by end-June thanks to government emphasis on innovation-driven development and the real econo... read more

 Shanghai Daily47 days ago
Dumping penalties on chemicals

China’s Ministry of Commerce said yesterday it will impose anti-dumping duties on ethanolamines imported from the United States, Saudi Arabia, Malaysia, and Thailand.... read more

 Shanghai Daily47 days ago
City’s new home prices hit record high

Shanghai new home prices hit a record high last week as market sentiment remains strong and with robust growth in the supply of medium- and high-end homes. The average cost of a new home jumped 11.1... read more

 Shanghai Daily47 days ago
Increasingly open China now tops the world as destination for FDI

Instead of retreating from China, foreign companies are reinvesting for the new opportunities to emerge from its further opening-up.... read more

 Shanghai Daily47 days ago
City is a beacon for foreign investment

SHANGHAI announced a batch of foreign investments totaling 23.4 billion yuan (US$3.36 billion) on Saturday, a reflection of foreign investors’ confidence in the city and its lasting attraction for foreign... read more

 Shanghai Daily48 days ago
Listed companies highlight China’s strong economy

Most companies listed on China’s A-share market reported higher net profits in the first three quarters of 2018, demonstrating the strength of the Chinese economy.... read more

 Shanghai Daily48 days ago
Manufacturing Jan-Sept profits, growth sound

China’s manufacturing sector registered sound growth in the first nine months of this year, with higher profits for enterprises.... read more

 Shanghai Daily48 days ago
ABB in US$150m robotics expansion

Shanghai’s government has signed an agreement for comprehensive and in-depth strategic cooperation with ABB, the world’s leading maker of robotics, in the fields of industry, energy, transport and inf... read more

 Shanghai Daily48 days ago
Celebrating 5 years of win-win-win-win-win

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 Shanghai Daily49 days ago
Imposing rule of law on financial practices

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 Shanghai Daily49 days ago
Jinqiao, more than just business-friendly

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 Shanghai Daily49 days ago
Expo 2010 still a jewel in Shanghai’s crown

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 Shanghai Daily49 days ago
Establishing an Asian medical hub and advancing the Shanghai Brand in the new era

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 Shanghai Daily49 days ago
Eminent minds give city advice

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 Shanghai Daily49 days ago