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business

Digital currency trials are underway

China has started testing its government-backed digital currency in some regions before it is introduced to the public, aiming to replace paper notes and coins in circulation, according to the People's Bank of China, the central bank. At pr...

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business

People’s Daily Online seeks English copy-editor

Job Description: People’s Daily Online is looking for two full-time English-speaking editors. The openings are based in Beijing. Job Responsibilities: - Edit English articles produced by Chinese reporters to ensure quality, professional j...

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business

Report: China rebound key to Asian economy

Concerted efforts, global partnerships crucial to tackle COVID-19 challenges The Asian economy will be able to achieve positive growth this year if the ongoing efforts to rein in the COVID-19 pandemic bear fruit in the second half and China...

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business

China faces up to trade challenges amid pandemic

BEIJING, May 8 -- China's foreign trade started the second quarter with a surprising export rebound in April, as the resilient economy continues to take proactive measures to mitigate shockwaves from COVID-19 pandemic, which wiped out a lar...

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business

China-US discussion on trade called positive sign

Chinese Vice-Premier Liu He spoke by phone with United States trade officials on Friday morning, sending a signal that bilateral cooperation may be cemented while a full-scale decoupling is "really unlikely," a prominent expert said. In the...

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business

Factbox: China's progress on business resumption

BEIJING, May 7 -- Amid the further containment of the novel coronavirus disease (COVID-19), China is powering ahead in returning to work and resuming business and production. The following are the latest facts and figures: -- China's export...

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business

China's agricultural product wholesale prices drop

BEIJING, May 6 -- The wholesale prices of China's agricultural products dropped on Wednesday, according to a report from the Ministry of Agriculture and Rural Affairs. By 2 p.m. Wednesday, the China agricultural product wholesale price inde...

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business

China has 198,000 5G base stations by March

BEIJING, May 4 -- China has built a total of 198,000 5G base stations by the end of March, according to data from the Ministry of Industry and Information Technology (MIIT). The number of package users has surpassed 50 million, the data sho...

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business

New China-Europe freight train service Launchs

HANGZHOU, May 4 -- A China-Europe freight train on Monday left the eastern Chinese city of Yiwu, Zhejiang Province, heading for Vilnius, capital of Lithuania. The postal service train will travel a total of 10,146 km and pass by Kazakhstan,...

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business

China's Precisety loan growth Unhurrieds further

Loans to China's property sector continued to grow at a slower pace in the first quarter as the country maintains strict home-purchase rules, central bank data has shown. China's outstanding property loans were up 13.9 percent from a year e...

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business

KFC tests plant-based chicken on Chinese mainland

GUANGZHOU, April 29 -- Three KFC outlets have launched a three-day test of a plant-based chicken product in three Chinese cities to meet the demand of consumers for meat alternatives. The three KFC outlets in Shanghai, Shenzhen and Guangzho...

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business

China's pork prices continue to dip

BEIJING, April 29 -- Pork prices in China continued to edge down last week as supply increased and demand softened, official data showed. From April 20 to 24, the average pork price index in 16 provincial-level regions tracked by the Minist...

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business

Airport hub set for Yangtze Delta

A C919 takes off at Shanghai Pudong International Airport on Dec 27, 2019. [Photo/Xinhua] Blueprint for development envisions network for transport across region China is set to create a world-class airfield complex across the Yangtze River...

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business

China to restore tolls nationwide from May 6

BEIJING, April 28 -- China's Ministry of Transport announced to restore all tolls across the country from May 6. The move is valid for all toll roads nationwide, including bridges and tunnels, the ministry said in a notice, adding that give...

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