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China sees reshuffle of third-party payment industry
China's third-party payment market is experiencing a reshuffle, as more internet enterprises brace for the payment business.
More U.S.-listed Chinese companies rush to Hong Kong bourse for secondary listing
Following the listing of two U.S.-listed Chinese companies Netease and JD.com, the third U.S.-listed Chinese companies Yum China will enter the Hong Kong stock market on September 10.
Equipment manufacturing industry shows strong performance in H1
In the first half of 2020, although Chinese companies were affected by the COVID-19 outbreak, the equipment manufacturing industry was still a hotspot.
New infrastructure boosts investment in intelligent logistics
China's epidemic prevention and control work made intelligent logistics as represented by unmanned logistics extensively applied this year.
RMB loans increase by 12.09 trillion yuan in H1
Since the beginning of 2020, China has launched a series of favorable monetary policies, with the RMB loans increasing by 12.09 trillion yuan in the first half of the year, up 2.42 trillion yuan year on year.
Hong Kong's retail industry gears up transformation amid epidemic
In face of adversity, Hong Kong local retailers begin to seek breakthroughs in transformation.
3rd CIIE to see more industry leading participants, larger spillover effects
The third China International Import Expo (CIIE) is scheduled to be held in November in Shanghai. From exhibitors to importers, from exhibits to merchandise, the spillover effect of CIIE has been expanding.
Digital economy to be driving force in China's economic development
Amid normalized COVID-19 prevention and control, digital technology is bound to build a new industrial ecology, stimulate innovation vitality, and become a new engine for economic development.
China injects confidence and momentum into world economy
China has coordinated epidemic prevention & control and economic and social development, with its economy gradually stabilizing and rebounding. The revitalized Chinese economy is injecting strong confidence into the global economic recovery.
China's IoV industry grows faster with more development opportunities
Driven by technology innovation and incentive policies, China's Internet of Vehicles (IoV) market with an estimated size of more than 100 billion yuan is growing at a faster pace with greater development opportunities.
"Go-digital" sheds new light into China's cultural tourism industry
China has seen tourism industry go digital in recent years empowered by 5G, cloud computing, big data, and artificial intelligence. Such information technology helps solve problems in culture and tourism management, service and marketing with digitalized cultural and tourism products continuously pushing forward online-offline integration of China's tourism industry.
Large int'l companies keen to leverage innovation opportunities in GBA: official
Large international companies are desirous to take the innovation opportunities in the Guangdong-Hong Kong-Macao Greater Bay Area (GBA), said a Hong Kong official in a recent interview with Xinhua.
China further widens market access for foreign investors
China has released its new, shortened negative lists for foreign investment amid efforts to further improve its business environment and boost foreign investors' confidence.
China to pilot cross-border wealth management connect in Greater Bay Area for further financial opening-up
To facilitate cross-boundary investment by individual residents in the Greater Bay Area, the PBOC, the Hong Kong Monetary Authority and the Monetary Authority of Macao have jointly announced the decision to pilot the cross-border wealth management connect in the Greater Bay Area.
China's livestreaming e-commerce industry to reach one trillion yuan in 2020
Livestreaming e-commerce is boosting sales worldwide due to the development of video transmission and mobile communication technology, as well as surged online consumers amid the COVID-19 epidemic.
China takes measures to boost international cooperation and foreign investment
The State Council, China's Cabinet, has released a document recently on the implementation of the key tasks mentioned in the government work report in 2020, boosting international cooperation and foreign investment.
U.S.-listed Chinese firms accelerate the pace of listing in Hong Kong
E-commerce giant JD.com started on Monday its stock offering in a secondary listing in Hong Kong, the third U.S.-listed Chinese company to do so following Alibaba and NetEase.
China to further propel regional powerhouses forward this year, new infrastructure underway
China will crank up efforts to press ahead with regional development this year and regional powerhouses are expected to demonstrate more advantages in driving economic development.
Banker: China is a responsible partner of B&R countries in financial cooperation
China is a responsible partner of countries along the Belt and Road in financing cooperation and is willing to assist the countries with low income in dealing with debt problems amid the COVID-19 pandemic, said a senior official of China's central bank.
China-Europe freight trains provide firm support for international supply chain
China-Europe freight trains, serving as an important bond connecting China, Europe and countries participating in the Belt and Road Initiative, have provided a firm support for stabilizing the international supply chain.
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