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Ant Group to focus on major technological sectors, CEO
Ant Group, a leading provider of financial services technology in China, will mainly focus on five technological sectors including artificial intelligence, risk management, security, blockchain, computing and technological infrastructure in the future, according to its CEO Hu Xiaoming on Thursday.
CFETS optimizes settlement-related rules for foreign investors under the Bond Connect scheme
China Foreign Exchange Trade System (CFETS) optimized settlement-related rules for foreign institutions taking part in Northbound trading of the Chinese mainland-HK mutual market access scheme Bond Connect, reported Xinhua Finance, a Xinhua-run financial information platform Thursday.
China expands market procurement trade pilot program to boost foreign trade
China recently expanded its market procurement trade pilot program to cover 17 new marketplaces located in Inner Mongolia Autonomous Region, Guangxi Zhuang Autonomous Region and provinces of Liaoning, Zhejiang, Anhui, Fujian, Shandong, Henan, Hubei, Guangdong and Yunan, in an effort to boost foreign trade, reported the Xinhua-run Shanghai Securities Journal on Friday.
China's central bank issues RMB10 bln bills in Hong Kong
The People's Bank of China (PBOC), China's central bank, said Thursday it has issued 10 billion yuan worth of 6-month bills in Hong Kong at an interest rate of 2.68 percent.
China’s transport investment up 16.8 pct in Aug.
China's fixed-asset investment (FAI) in transport industry surged 16.8 percent year on year to 329.8 billion yuan (about 48.35 billion U.S. dollars) in August, registering positive growth for five consecutive months, the Xinhua-run Shanghai Securities News reported on Friday.
Shanghai unveils plan for dev. of innovative industries in Lingang Area
East China's Shanghai has recently unveiled a plan for development of the innovative industries in the Lingang Area, a newly launched section of the Shanghai free trade zone (FTZ), Xinhua-run Shanghai Securities News reported on Friday.
China's Shanghai and Hong Kong likely among top 3 in global IPO fund raising Q1-3, Deloitte report
The exchanges in Shanghai, Hong Kong and Shenzhen are likely to rank the first, the third and the fifth in global ranking for IPO fund raising during the first three quarters this year, Deloitte China said in an analysis report released Wednesday in Hong Kong.
CRCC secures deal of Russia national expressway project
A subsidiary of China Railway Construction Corporation Limited (CRCC) signed an agreement recently for the construction of the fifth section of Moscow-Kazan expressway, a national expressway in Russia.
Milan Football Club is successful on Chinese social media, with 3 million followers on Weibo
This performance has been reached thanks to the China Digital Summer Tour initiative, which started last August 25 and is still going on. The Club has also reached the highest engagement rate on Instagram during July (2.1%) and August (2.71%), taking the European football clubs into account.
A. Testoni to grow in China and to open in Hong Kong and Hangzhou
In China, the luxury sector has started to grow again and A.Testoni relaunches the retail investments with the development of a new boutique concept and the reopening of two stores in Hong Kong and Hangzhou last month; a new opening in Xi’an will soon follow.
Unicredit-SACE to boost Mino's export to Greece
The company from Piedmont (Italy), global leader in the production of rolling mills for aluminium and steel, has won a tender of over €20 million, also thanks to a financial package which grants the buyer an extension up to 5 years in the supply payment.
Emilia-Romagna Region: 70 Foreign direct investments from China
The balance of trade deficit, however, remains significant – more than $1,5 billion in 2019 – even though the trend seems to be encouraging. The region's goal is to cancel it over the next 5 years, focusing on digitization and a more coordinated use of e-commerce platforms.
SW China's Sichuan Province, ICBC join hands to promote Chengdu-Chongqing economic circle development
Southwest China's Sichuan Province inked a comprehensive strategic partnership with the Industrial and Commercial Bank of China (ICBC) on Wednesday in a bid to jointly promote the construction of an economic circle covering the western cities of Chengdu and Chongqing.
China issues 8.53 bln bank cards by end of 2019
China had issued a total of 8.53 billion bank cards by the end of 2019, the Xinhua-run Shanghai Securities News reported on Wednesday.
SZSE signs strategic cooperation agreement with Zhuhai government
Shenzhen Stock Exchange (SZSE) and the government of Zhuhai city in south China's Guangdong Province signed a strategic cooperation framework agreement on Wednesday and shared insights into promoting the development of the Guangdong-Hong Kong-Macao Greater Bay Area (Greater Bay Area) through capital market services, according to an announcement posted on the website of SZSE.
Domestic market supports the resumption of China's tourism industry
China Tourism Academy published a report on the development of China's domestic tourism industry in 2020 on September 14, pointing out that domestic market serves as a solid foundation for tourism rejuvenation under regular epidemic prevention and control.
China expected to have over 600 mln tourists in National Daily holiday, Trip.com report
China is expected to see a booming tourism market in the upcoming National Day holiday from October 1 to 8, according to a report recently released by China's largest online travel agency Trip.com Group, formerly known as Ctrip.
JinkoSolar plans listing its Jiangxi subsidiary on SSE STAR Market
JinkoSolar Holding Co., Ltd. (JKS.NYSE), a Chinese leading solar module manufacturer announced Tuesday its plan of listing its principal operating subsidiary Jinko Solar Co., Ltd. (Jiangxi Jinko) on domestic stock market.
China (Nanxun) Elevator Industry Development Forum kicks off in E. China's Huzhou
China (Nanxun) Elevator Industry Development Forum & the First Nanxun Elevator Online Expo kicked off on Wednesday in Huzhou, a city in east China's Zhejiang Province.
E. China's Shanghai makes great headways towards int'l fintech center
East China's Shanghai has made great headways towards building itself into a global financial technology (Fintech) center since it issued a guideline earlier this year to achieve such goal in the coming five years.
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