Chinese tech giant Alibaba announced on Wednesday that it would invest 10 billion yuan this year in the artificial intelligence (AI) plus Internet of Things (IoT) ecosystem centered around its smart speaker brand Tmall Genie.

May21,2020

​BMW's profits stagnated in the first quarter of 2020, as the heavy costs on the auto industry doled out by the coronavirus pandemic forced the German carmaker to significantly roll back investments.

May09,2020

Shanghai is expected to invest a total of around 270 billion yuan (about 38.1 billion U.S. dollars) in its first batch of 48 major "new infrastructure" projects in the next three years, local authorities said Thursday.

May08,2020

The All-China Federation of Trade Unions (ACFTU) has ratcheted up financial support on Thursday for workers in difficult circumstances amid the COVID-19 epidemic in regions including Hubei Province.

May06,2020

Pudong, a district in east China's Shanghai, saw regional headquarters projects with intention of 18 multinational companies inked on Wednesday at a conference of boosting high-quality development of the headquarters economy in the area. 

April30,2020

Chinese intelligent terminal distributor Shenzhen Aisidi Co., Ltd. (Aisidi, 002416.SZ) announced on Sunday that it mulls to introduce the tech giant Alibaba Group as a strategic investor through non-public offering to further improve its overall strength.

April27,2020

Multinational oil and gas corporation ExxonMobil Wednesday broke ground on its solely-funded chemical complex in Huizhou, southern China's Guangdong Province.

April22,2020

Since the COVID-19 epidemic broke out in Israel in mid-March, the country's economy has slowed down significantly as international flights are halted and most domestic economic activities suspended.

April22,2020

China's economy is expected to recover in the second quarter after shrinking in the first quarter amid the COVID-19 pandemic, experts said Tuesday.

April22,2020

China has recently rolled out a slew of measures at both central and local levels to increase and expedite issuance of local government special bonds to further expand investment and boost economic growth, reported Economic Information Daily Tuesday.

April14,2020

Authorities have inked 116 major investment projects online in a cloud contract signing event Wednesday in north China's Tianjin Municipality.

April09,2020

China will seek further opening-up and upgrade of foreign trade and investment, the hardest-hit sectors amid the global pandemic of COVID-19, to offset its economic shock, according to Zhong Shan, the country's commerce minister.

April03,2020

The Beijing local financial regulator has granted an outbound investment quota worth 500 million U.S. dollars to the subsidiary of Oaktree Capital Management in the capital city.

April01,2020

The southern Chinese island province of Hainan saw its actual investment in Belt and Road countries surge 69 times year on year in 2019, according to local authorities.

April01,2020

China's investment in countries along the Belt and Road (B&R) soared 18.3 percent year on year to 2.72 billion U.S. dollars in the first two months despite the economic fallout from the coronavirus epidemic, official data showed Thursday.

March27,2020

Central China's Hunan province plans to invest 305 billion yuan in construction of 160 major projects this year in efforts to stablize the economic development, according to a teleconference recently held by the province.

March23,2020

China will work to shorten the negative list on foreign investment and encourage financial institutions to increase foreign trade loans to cope with the impact of the epidemic and keep steady progress in foreign trade and investment.

March12,2020

The Tsingtao Brewery Co., Ltd., one of China's largest breweries, began to set up smart manufacturing lines Tuesday to expand its capacity by 60,000 kiloliters per year by the end of 2020.

March11,2020

Weichai Power Co., Ltd., a leading Chinese powertrain producer, will set up a joint venture (JV) with KION Group in Jinan city, capital of east China's Shandong Province.

March04,2020