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China approves first private enterprise for aviation fuel market access

Chinese petrochemical company Hengli Petrochemical Co obtained the certificate by government to access the aviation fuel market, media reported Wednesday, marking Hengli the first private enterprise to enter such market, which an expert said this will new vitality to the relatively monopolized domestic market.
Source: Global Times | 2019/10/23 16:48:30

Quaker with AI, Get Nutrition Home public welfare program comes to a successful closure

PepsiCo, LAIX Inc., Dada-JD Daojia, and China Foundation for Poverty Alleviation (CFPA) jointly held a donation event at the E-man Primary School in Dangchang county, Gansu Province on Tuesday, announcing the successful closure of the "Quaker with AI, Get Nutrition Home" cross-brand public welfare program.
Source: Global Times | 2019/10/23 12:13:40

Chinese ride-hailing app DiDi launches new taxi service in Bogota

Chinese mobile ride-hailing platform DiDi Chuxing on Tuesday launched its new taxi service, DiDi Passengers, making Bogota the first Latin American city to have the service.
Source: Xinhua | 2019/10/23 10:44:44

China-ASEAN trade pact gets upgrade

An upgraded China-ASEAN trade protocol, which fully came into force on Tuesday, will unlock more business opportunities and counter growing trade protectionism around the world, experts said
Source: Global Times | 2019/10/22 21:48:40

Tmall Double 11 presales soar, Alibaba figures show

China's consumption growth, particularly online consumption, has huge space for further growth despite the general economic slowdown, experts said on Tuesday, an assessment backed by rosy presale data ahead of this year's Tmall Double 11 online shopping spree.
Source: Global Times | 2019/10/22 21:08:26

Free ride

Workers take down signs from a toll gate in Huzhou, East China's Zhejiang Province on Tuesday. Tolls were eliminated on trips between Zhejiang and Anhui provinces starting at the end of September. The move represents a major step toward the integration of the Yangtze River Delta region. Photo: VCG
Source: VCG | 2019/10/22 21:03:42

South China's Yongxing Island starts testing 5G base stations: MIIT

Yongxing Island, South China's Hainan Province, has started testing 5G technology, which industry analysts said signals a vital outcome in the local telecom industry's construction and one that will help the frontier area catch up to the informatization level of inland cities.
Source: Global Times | 2019/10/22 21:03:40

Beijing unifies procedures for domestic companies listed on foreign exchanges

Companies registered in China that are listed on overseas exchanges will be subject to a unified company law covering the notice period for holding shareholders' meetings, shareholder's proposal rights and convening procedures, instead of a specialized rule that previously applied to them, the State Council, China's cabinet, said on Tuesday.
Source: Global Times | 2019/10/22 20:53:40

Nation to stay open, officials vow

Chinese officials on Tuesday said that Beijing will closely monitor the US Entity List and take “all appropriate measures” to defend China's legitimate rights. Meanwhile, the nation will unswervingly promote opening-up in various fields to cultivate a sound business environment.
Source: Global Times | 2019/10/22 20:48:40

WTO ruling undermines US credibility as trade talks head for deal

A ruling by the WTO has underlined US' non-compliance with the rule-based global trading system, Chinese analysts said on Tuesday.
Source: Global Times | 2019/10/22 20:42:23

Suppliers' shares rise as Huawei moves to release 5G foldable smartphone Mate X

Huawei will officially release its 5G foldable smartphone Mate X and start pre-sales on Wednesday, media reports said. The news boosted the shares of suppliers on Tuesday, and analysts said that Huawei is likely to become the leader and standard-setter in foldable mobile phones.
Source: Global Times | 2019/10/22 19:46:57

Dimethyl carbonate price rises as Tesla's Shanghai factory approaches production

As US electric carmaker Tesla's Shanghai Gigafactory 3 is on the verge of entering its production phase, the price of dimethyl carbonate, which is used as a raw material for power batteries, has begun to rise, media reported on Tuesday.
Source: Global Times | 2019/10/22 16:01:07

AI finds way amid US crackdown

China should maintain its advantages in developing the artificial intelligence (AI) sector such as giving full play to market participants while ramping up efforts at the basic technology level to achieve genuine independence amid the US' crackdown, senior executives and experts told the Global Times on Monday.
Source: Global Times | 2019/10/21 22:33:40

Smaller traders grow faster: Alibaba

China's cross-border trade is undergoing changes such as more fragmented orders. Those changes strike a blow to large primary traders, but bring more opportunities for a new generation of younger, more open-minded traders in China, reflected by their fast-growing business on international wholesale marketplace alibaba.com.
Source: Global Times | 2019/10/21 21:55:46

Something to think about

An employee showcases “Darwin 2,” a brainlike chip developed by a group of domestic research institutions led by Zhejiang University
Source: Global Times | 2019/10/21 21:43:40

Unchanged LPR indicates PBC's prudent monetary policy

The loan prime rate (LPR) for one- and five-year terms in October has remained unchanged from the previous month, according to the People's Bank of China (PBC) on Monday, and analysts said the situation indicates prudent monetary policy.
Source: Global Times | 2019/10/21 21:13:40

Greater Bay Area can boost integration by raising housing supply

Major cities in the Guangdong-Hong Kong-Macao Greater Bay Area are being urged to break systemic barriers and seek external real estate supplies, industry insiders said, as nearly 35 million residents in the area have no apartments of their own.
Source: Global Times | 2019/10/21 21:08:40

India plans to lure global manufacturing giants

India plans to lure global manufacturing giants that operate in China but may leave because of the China-US trade war, the Hindustan Times has reported.
Source: Global Times | 2019/10/21 21:03:40

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