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Chinese large enterprises focus on both development and reform to embrace new challenges
The scale of China’s top 500 enterprises continues to expand, with the combined operating income reaching 79.1 trillion yuan, up 11.4 percent year on year, according to the recently released 2019 list of Top 500 Enterprises of China.
Chinese enterprises see relieved financial burdens with social insurance contribution cut
Chinese enterprises, especially medium- and small-sized firms, have seen less financial burdens as the implementation of a social insurance contribution cut makes headway.
Chinese enterprises urged to venture into Zambia gemstone sector
An industry body on Wednesday urged Chinese enterprises to partner with gemstone miners in Zambia in order to explore the vast potential of the country's gemstone sector.
Chinese shareholder wants to take over struggling fashion chain Tom Tailor
The struggling fashion chain Tom Tailor is to become completely Chinese. Major shareholder Fosun from China wants to take over the Hamburg-based company for a valuation of approximately 96 million euros.
Guanfu Holdings’ subsidiary signs framework agreement with DSM
Guanfu Holdings Co., Ltd (002102. SZ) announced that its wholly-owned subsidiary Nenter & Co., Inc signed a framework agreement with DSM Nutritional Products China Enterprise B.V., Shanghai Securities News reported on Tuesday.
Ten Chinese SOEs selected to strive for "global excellence" goals
China's state-owned enterprises (SOEs) regulator has selected 10 SOEs to be the pioneers striving for goals of becoming top-ranking companies globally.
Profits of China's SOEs up 12.9 pct in 2018
The combined profits of China's state-owned enterprises (SOEs) rose 12.9 percent to 3.39 trillion yuan (about 500 billion U.S. dollars) last year, new data showed Monday.
Chinese yuan strengthens to 6.7560 against USD Monday
The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 349 basis points to 6.7560 against the U.S. dollar Monday, according to the China Foreign Exchange Trade System.
Wanda 2018 revenue dips while cultural businesses dominate
Chinese conglomerate Wanda Group saw dipping revenue as well as a rising contribution of its cultural businesses in 2018.
Chinese tech companies bring innovative ideas to CES amid trade tensions
About 1,200 Chinese tech companies, including industry giants like JD.com and Huawei as well as startups, put their innovations in AI and robotics on display at the annual Consumer Electronics Show (CES), which kicked off Tuesday in Las Vegas.
China-Uganda cooperation enjoys promising prospects, say Chinese firms in Uganda
China-Uganda cooperation has promising prospects with the implementation of new bilateral projects, according to Chinese enterprises on the annual meeting of chamber of commerce in Uganda on last Saturday.
Chinese enterprises eye green growth
China's green sector is attracting growing investment from enterprises as the country strives to balance economic development and environmental protection.
Interview: Prince Andrew sees "all sorts of" opportunities for UK-China cooperation
There are "all sorts of opportunities" for Britain-China cooperation as China continues its reform and opening-up, said Britain's Prince Andrew in a recent interview with Xinhua.
China urges no discrimination against Chinese firms with normal business activities in Japan
Chinese enterprises with normal business activities in Japan shouldn't be discriminated against, Foreign Ministry spokesperson Lu Kang said at a routine press briefing on Monday.
China releases blue paper on poverty alleviation
Important progress has been made in poverty alleviation efforts by Chinese enterprises, a "blue paper" released on Wednesday has concluded.
China becomes world's largest FDI destination, more rational in outbound inv't, blue paper
China became the world's largest foreign direct investment (FDI) destination in the first half of 2018 and the Chinese enterprises have been more rational in their outbound investment.
Chinese firms to construct Economic Zone in central Zambia
Some Chinese firms will construct a Multi-Facility Economic Zone in central Zambia's Chibombo district, with President Edgar Lungu saying the project will go a long way in helping the country in its endeavor to ensure value addition to local products.
BRI drives accelerating Chinese-foreign enterprise cooperation
Cooperation among Chinese and foreign enterprises have yielded fruitful results in the past five years driven by the China proposed Belt and Road Initiative (BRI), according to State Council Information Office on a recent press conference.
Yonghui, Parknshop and Tencent to jointly establish JV
China’s hypermarket operator Yonghui Superstores Co Ltd, supermarket giant Parknshop China, and China’s tech giant Tencent recently signed agreement to jointly establish a sino-foreign joint venture (JV) in China, Shanghai Securities News reported on...
N. China's Hebei to further improve business environment
North China's Hebei Province will make efforts to further improve business environment in terms of enterprise establishment, project approval, service for the mass, supervision, and online services, according to a five-year action plan.
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