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B&R Initiative presents new opportunities to ASEAN countries
China's Belt&Road Initiative (BRI) has presented opportunities to ASEAN countries and countries such as Indonesia, the Philippines have enjoyed an incomparable advantage in grasping it, according to Economic Daily report.
Four Chinese insurers nodded to issue 10-yr callable capital supplementation bonds
Four Chinese insurance companies have been approved of issuing 10-year callable capital supplementation bonds on the country’s interbank bond market, reported Shanghai Securities News.
IMF SRP to enter China's capital market on approved RQFII qualification
The China Securities Regulatory Commission (CSRC) has recently approved the International Monetary Fund (IMF) to access the country's capital market via the RMB Qualified Foreign Institutional Investors (RQFII) program.
China Exim Bank to crank up supports for BR construction, chairman
Chinese policy lender the Export-Import Bank of China (China Exim Bank) will pour more efforts to support constructing the Belt and Road, reported Shanghai Securities News citing its chairman Hu Xiaolian Friday.
UOB issues RMB2 bln panda bonds on China’s interbank bond market
United Overseas Bank (UOB) issued on Tuesday about 2 billion yuan worth of 3-year yuan-denominated bonds, namely panda bonds, on China’s interbank bond market, according to Bank of China.
China unveils policies to boost new information consumption
China's Ministry of Industry and Information Technology has recently unveiled a document to specify the country's support for consumption of the new information products such as 5G, ultra high definition, consumer drones, virtual reality, wearables.
S. China's Haikou to build film and television culture industrial park
Haikou, capital city of South China's Hainan province will build a film and television culture industrial park named "film factory" soon, according to Haikou Development and Reform Commission on Thursday.
Chinese companies bidding for 2nd longest bridge in S. America
Two Chinese companies are bidding for the second longest bridge in South America, a project in Brazil recently announced in the context of the Belt and Road Initiative, and the bidding result is expected to be unveiled in June.
POWERCHINA contracts Koukoutamba hydropower station project in Guinea
POWERCHINA International Group Limited has contracted the construction project of Koukoutamba hydropower station, according to Guinea's Ministry of Energy and Water Resources.
China’s trade volume with countries along the “Belt and Road” reaches 1.28 trln yuan
China’s foreign trade with countries along the “Belt and Road” reached 1.28 trillion yuan in January-February, an increase of 2.4 per cent year-on-year, customs statistics shows.
Sales of FAW-Volkswagen passenger cars in China surge in February
The Sino-German auto joint venture FAW-Volkswagen Automotive announced recently that the sales of its passenger cars including imported Audi cars stood at 118,100 units, ranking the first among passenger car enterprises by sales in China.
MIIT launches application for new information consumption projects
China's Ministry of Industry and Information Technology has recently launched the application for new information consumption demonstration projects of 2019, with an action plan specifying the scope of encouraged projects and supporting measures.
China Focus: China adopts foreign investment law
China's national legislature on Friday passed the foreign investment law, a landmark legislation that will provide stronger protection and a better business environment for overseas investors.
Nepali gov't endorses protocol of Nepal-China Transit Transport Agreement: official
The Nepali government endorsed the protocol of Nepal-China Transit Transport Agreement (TTA) and authorized its commerce secretary to sign the protocol, a cabinet minister of Nepali government has said on Thursday.
China sees rising FDI inflows in Jan-Feb
Foreign direct investment (FDI) into the Chinese mainland expanded 5.5 percent year on year to reach 147.11 billion yuan (about 21.69 billion U.S. dollars) in the first two months, the Ministry of Commerce (MOC) announced Friday.
China’s LNG import likely to continue to grow in 2019, experts
China’s liquefied natural gas (LNG) import is likely to expand further against the backdrop of relevantly loose supply in the global market, according to industry experts.
Global capital flows changing direction as foreign investors luff the helm to buy yuan
Since the end of 2018, a large number of overseas institutional investors have kept a bullish sentiment for Chinese yuan exchange rate, rather than continuing to sell Chinese yuan in offshore market.
PPDAI’s net profit up 128 pct in 2018
The net profit of PPDAI Group Inc., a financial technology company listed in the United States, increased 128 percent year on year to 2.47 billion yuan in 2018, according to the company’s financial report.
China's Dalian rolls out implementation plan for advancing B&R construction
China's Dalian recently rolled out an implementation plan on advancing Belt and Road (B&R) construction in 2021 to 2030, aiming at building an open economy and cement connection with economies in northeast Asia and along the B&R routes.
S. China's Guangdong to build first 5G-based hospital
South China's Guangdong province will build its first 5G-based demonstration hospital where Internet technology and smart medical service system would be combined for better patient experience and higher service efficiency.
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