Latest news from China.org.cn - Business feed

Latest news from China.org.cn - Business feed

  1. Coca-Cola Heibei production base put into operation

    04.29 / 02:53 www.china.org.cn China.org.cn - Business
    The first phase of a Coca-Cola production base went into operation Friday in north China's Hebei…
  2. Sinopec OKs overseas listing of marketing unit

    04.29 / 02:53 www.china.org.cn China.org.cn - Business
    Asia's largest refiner Sinopec announced its preliminary listing plan for its marketing arm on Thursday, a move to further open up the country's energy…
  3. US economy expands at slower pace in Q1

    04.29 / 02:13 www.china.org.cn China.org.cn - Business
    The U.S. economy grew 0.7 percent in the first quarter of this year, sharply lower than the 2.1 percent growth in the previous quarter, according to the advance estimate released by the U.S. Commerce Department on…
  4. Russia trims interest rate on steady inflation decline

    04.29 / 02:13 www.china.org.cn China.org.cn - Business
    The Russian central bank lowered its key interest rate by half a percentage point to 9.25 percent on Friday, citing the alleviation of inflationary…
  5. Bank of China net profit rises in Q1

    04.29 / 02:09 www.china.org.cn China.org.cn - Business
    Bank of China, one of the country's big four state-owned lenders, said Friday that its post-tax profits climbed 3.48 percent year on year in the first quarter of…
  6. Bank of Communications sees profits rise in Q1

    04.29 / 02:09 www.china.org.cn China.org.cn - Business
    Bank of Communications, China's fifth-largest lender, reported slightly higher net profits in the first quarter this year on the back of its business…
  7. Financial regulators vow stricter supervision

    04.29 / 02:09 www.china.org.cn China.org.cn - Business
    Chinese financial regulators have vowed stricter supervision to prevent systemic risks as the importance of financial security grows amid a firming…
  8. China concerned over US solar cell trade petition

    04.29 / 02:09 www.china.org.cn China.org.cn - Business
    China's commerce ministry on Friday expressed serious concerns over a petition filed by a U.S. solar firm seeking a trade authority's investigation into protective measures on global solar…
  9. General Motors first-quarter earnings soar 34 percent

    04.29 / 01:37 www.china.org.cn China.org.cn - Business
    Driven by sales of profitable trucks and SUVs, strong performance in China and growth for GM Financial, General Motors Co.'s net income in the first quarter soared nearly 34 percent to a new record of 2.61 billion U.S. dollars, according to the company's financial statement released…
  10. Oil prices rebound despite rising US rigs

    04.29 / 01:37 www.china.org.cn China.org.cn - Business
    Oil prices rallied Friday even though U.S. rig counts continued to increase in the…
  11. Didi completes over 5.5 bln USD financing round

    04.28 / 12:01 www.china.org.cn China.org.cn - Business
    China's leading on-demand mobility platform Didi Chuxing announced Friday that it had completed a new financing round of over 5.5 billion U.S. dollars to support its global strategy and continued investments in artificial intelligence…
  12. Alibaba's Yu'e Bao becomes largest money market fund globally

    04.28 / 12:01 www.china.org.cn China.org.cn - Business
    Alibaba's four-year-old Yu'e Bao surpassed JPMorgan's U.S. government money market fund to become the world's largest, according to the Financial…
  13. Aviation collaboration with EU on the rise

    04.28 / 02:21 www.china.org.cn China.org.cn - Business
    Collaboration to improve civil aviation between China and the European Union is advancing along with the growth of air travel, which reached some 8 million passenger trips last…
  14. China expects more secure, supportive financial system

    04.28 / 01:32 www.china.org.cn China.org.cn - Business
    China is putting more emphasis on financial security in the name of ensuring that the financial sector serves the real…
  15. China Development Bank to loan billions in Xiongan New Area

    04.28 / 01:32 www.china.org.cn China.org.cn - Business
    China Development Bank (CDB), a state-owned policy bank, said on Thursday that it will provide loans of 130 billion yuan (18.9 billion U.S. dollars) to support the development of Xiongan New…
  16. Shanghai moves to open wider to foreign investors

    04.28 / 00:59 www.china.org.cn China.org.cn - Business
    Shanghai authorities rolled out new measures Thursday to woo foreign investors, cutting restrictions on their access to the city's service and manufacturing…
  17. Trade with Belt and Road economies surges in Q1

    04.28 / 00:44 www.china.org.cn China.org.cn - Business
    China's trade with economies along the Belt and Road Initiative posted double-digital growth year-on-year in the first quarter of the year, the Ministry of Commerce said on…
  18. China's economic planner vows more efforts to reform

    04.28 / 00:06 www.china.org.cn China.org.cn - Business
    China's economic planner has pledged more efforts to push forward structural reforms in 2017 as the world's second-largest economy is still in the middle of overall…