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Authorities flip switch for Tencent gamer move

Authorities flip switch for Tencent gamer move

Tencent has won a key approval to start selling the Nintendo Switch in China, paving the way for the console to enter the world’s largest video games market two years after it was first released world...

April 19, 2019, Friday


Radar steers way ahead for autos

Radar steers way ahead for autos

Leading auto chipmaker NXP Semiconductors yesterday announced a strategic partnership with Chinese radar firm Hawkeye Technology to work on radar applications for smart driving....

Zhu Shenshen | April 19, 2019, Friday


Interest building up for 2nd import expo

Interest building up for 2nd import expo

Trade services providers vowed to better serve exhibitors at the second China International Import Expo in Shanghai in November....

Ding Yining | April 19, 2019, Friday


Forex flows steady, boost coming

Forex flows steady, boost coming

China’s cross-border capital flows remained basically unchanged in March, official data showed yesterday....

April 19, 2019, Friday


Real estate off to a good start in 2019

Real estate off to a good start in 2019

Shanghai’s real estate investment market is off to a vibrant start in 2019 with transactions of major deals exceeding 90 billion yuan (US$13.38 billion) in the first quarter, property services provider...

Cao Qian | April 19, 2019, Friday


Luckin in US$150m fundraising

Luckin in US$150m fundraising

Chinese startup Luckin Coffee has completed its Series B+ round of financing worth US$150 million, the company said yesterday....

April 19, 2019, Friday


Nation’s FDI grows 8% to US$14.2b

Nation’s FDI grows 8% to US$14.2b

Foreign direct investment into the Chinese mainland expanded 8 percent year on year to reach 95.17 billion yuan (US$14.2 billion) in March, the Ministry of Commerce said yesterday....

April 19, 2019, Friday


Amazon to shut China e-commerce operations

Amazon to shut China e-commerce operations

Amazon.com Inc plans to close its domestic marketplace in China by mid-July, people familiar with the matter said, focusing efforts on more lucrative businesses selling overseas goods and cloud services...

April 19, 2019, Friday


Focus on innovation, IPR at tech fair

Focus on innovation, IPR at tech fair

SHANGHAI will focus on building a new pattern of open innovation, bring together global resources and talent, and strengthen in­tellectual property protection, the city’s Mayor Ying Yong said yesterday. ...

Huang Yixuan | April 19, 2019, Friday


Measures to reduce MSEs’ financing costs

Measures to reduce MSEs’ financing costs

CHINA will work to further reduce financing cost of micro and small enterprises, with an aim to increase outstanding loans offered by five large state-owned commercial banks to MSEs by more than 30 percent ...

April 18, 2019, Thursday


China’s first-quarter GDP up 6.4% on industrial growth, consumer demand

China’s first-quarter GDP up 6.4% on industrial growth, consumer demand

CHINA’S economy remained stable in the first quarter, with the gross domestic production posting a faster-than-expected growth year on year, as industrial production jumped sharply and consumer demand ...

Huang Yixuan | April 18, 2019, Thursday


Auto parts makers optimistic on China

Auto parts makers optimistic on China

Auto parts suppliers are optimistic about the Chinese car market, as well as new opportunities created by advances in e-mobility and autonomous driving, industry representatives said at the ongoing Shanghai...

Cao Qian, Ding Yining and Zhu Shenshen | April 18, 2019, Thursday


Intel drops 5G smartphone modems

Intel drops 5G smartphone modems

US electronics giant Intel has said it was withdrawing from the 5G smartphone modem business, hours after Apple and American microchip manufacturer Qualcomm announced they had clinched an agreement to...

April 18, 2019, Thursday


China’s urban housing market grows at slow pace

China’s urban housing market grows at slow pace

PRICES in China’s urban housing markets were mixed last month, official data released yesterday showed. Prices of both new and pre-occupied homes in all-tiered cities in China rose at a mild pace from ...

Cao Qian | April 17, 2019, Wednesday


COMAC unveils business jet at aviation show at Hongqiao

COMAC unveils business jet at aviation show at Hongqiao

THE Commercial Aircraft Corporation of China unveiled its first CBJ business jet at the opening of the Asian Business Aviation Conference & Exhibition at Hongqiao Airport yesterday. The CBJ aircraft is ...

Yang Jian | April 17, 2019, Wednesday




 

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