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Nestlé CEO Mark Schneider bullish on Chi...
Nestlé, one ofthe world's leading food companies, has been in China for more than 30 years. At the China Development Forum (CDF), CEO Mark Schneidertold CGTN he is bullish on the long-term growth of
China-Europe freight trains make 14,000 ...
Containers are loaded onto a China-Europe freight train in Zhengzhou City, central China's Henan Province. (Xinhua/Li An) The China-Europe freight rail service network, a crucial part of the Belt a
Chinese banks post forex settlement defi...
China's commercial banks saw a net forex settlement deficit of 101.3 billion yuan (around 15 billion U.S. dollars), in February, the country's forex regulator said Monday. This reversed a surplus of
UK economy grows as pre-Brexit stockpili...
Britain's Brexit-bound economy unexpectedly grew in February, helped by manufacturers rushing to meet orders from clients who are stockpiling goods ahead of the country's exit from the European Union
China amends regulations to promote cros...
China has amended its regulations on the capital management of transnational companies, according to the State Administration of Foreign Exchange (SAFE). The new regulation will help promote the libe
Lock-up shares worth over 50 bln yuan el...
Lock-up shares worth about 51.9 billion yuan (about 7.7 billion U.S. dollars) will become eligible for trading on China's bourses this week. Over 3.2 billion shares will become tradable on the Shangh
Chinese supercomputer manufacturer Sugon...
TIANJIN, March 16 (Xinhua) -- China's leading supercomputer manufacturer Dawning Information Industry Co. Ltd., or Sugon, posted a year-on-year growth of 43.89 percent in revenue last year, the compa
IoT industry in China enters 'golden age...
China's Internet of Things (IoT) business has been flourishing over the years, with revenue rising by around 73 percent in 2018 from a year earlier, according to a report from the Ministry of Industr
Euro firms on trade optimism, sterling h...
The euro held firm against the dollar on Thursday as hopes of a trade deal between the United States and China bolstered risk appetite globally, while the British pound was buoyed after the UK parlia
BP sees vast room for China’s gas consum...
The world's top energy producers gathered in Shanghai this week for the LNG2019 conference, the first time the gathering was held in China in its 50-year history– a testament to the importance of the
Sino-Saudi Arabian petrochemical company
During Saudi Arabian Crown Prince Mohammed Bin Salman's two-day trip to China this February, the oil giant Saudi Aramco and Chinese firms signed an agreement to develop a joint refining and petrochem
Duty-free sales soaring in Chinese resor...
China's popular resort island of Hainan recorded strong sales growth for its offshore duty-free shops during the week-long Spring Festival holiday that ended Sunday. The four duty-free shops in the
China welcomes MSCI decision on A-share ...
China's top securities regulator said Friday that it welcomes to significantly increase the weight of A-shares in its global indexes. The move represents the recognition of China's efforts in reformi
China forges ahead with consumption upgr...
China's consumption is expected to maintain solid growth momentum in 2019, signaling its key role in the country's economic development, according to statistics. Goods consumption has gained 9.0 perc
Intel says its 5G modem chips will not a...
Sandra Rivera, who oversees Intel's networking chip business, said at a media event in Palo Alto, California, that sample 5G modem chips will ship to customers this year but that Intel does not expec