Philippine President Benigno S. Aquino III has approved the country's participation in the China-initiated Asian Infrastructure Investment Bank (AIIB), senior government officials said Wednesday. Presidential Communications Operations ...
Tags: AIIB
Chinese President Xi Jinping on Wednesday called for promoting patriotism to achieve the great rejuvenation of the Chinese nation. Xi made the remarks during a group study for the history of Chinese nation's patriotism by the Political ...
Tags: President Xi, Patriotism
In China's financial hub Shanghai, kitchen stoves now use a new energy source: shale gas, a clean energy that travels more than 1,600 kilometers to the city's homes via a series of pipelines. China has recently made breakthroughs in shale ...
Tags: Shale Gas Industry
Chinese police have taken stronger action against online rumors about terrorist attacks, the Ministry of Public Security (MPS) said in a statement on Wednesday. According to the statement, five people have been detained for spreading ...
Tags: Police, Online Terrorist Attack
It's being reported the Chinese government is setting up a 30-billion-yuan fund to help eliminate industrial overcapacity and reconstruct so-called "zombie companies". The money is going to compensate the employees of the "zombie ...
Tags: Special Fund, Zombie Companies
A government report shows the total production value of China's maritime industry grew by an average of 8.4 percent annually from 2011 to 2014. Daily desalination capacity increased by over 330-thousand tons and the annual growth rate of ...
Tags: Maritime Economy
It's being reported that China's top economic regulator is planning to keep fuel price adjustments on hold for the time being. The National Development and Reform Commission is said to be planning to suspend its price adjustments as it ...
Tags: Fuel Price Adjustments
China on Wednesday lowered its current account surplus for the third quarter and revised its estimate for the capital and financial account from a deficit to a surplus. The third-quarter surplus under the current account was cut to 60.3 ...
China is going to include another six destinations in its tax rebate scheme for overseas visitors, with an aim to boost its inbound tourism and consumption. Foreign tourists visiting Liaoning, Anhui, Fujian, Sichuan, Tianjin and Xiamen ...
An evaluation report on the "Double Eleven" shopping spree has been released in Beijing, offering insights into China's largest annual online shopping event. The report shows cases of dishonesty connected to e-commerce platforms and ...
Tags: Double Eleven, Credit Report
Germany's biggest lender, Deutsche Bank, has agreed to sell its nearly 20-percent stake in Chinese bank Hua Xia for around 3.3 billion U.S. dollars to PICC Property and Casualty Company. The sale still has to be given the ...
Tags: Deutsche Bank, Hua Xia Stake
China refuted recent U.S. comments warning Europe against granting China market economy status on Wednesday, saying China has been living up to its World Trade Organization (WTO) obligations. Chinese Foreign Ministry spokesperson Lu Kang ...
Tags: Market Economy Status
Logistics firm Sinotrans and CSC Holdings has become a wholly-owned subsidiary of the China Merchants Group. Sinotrans and CSC Holdings is now the biggest integrated logistics service provider with total assets of 100 billion yuan, or 16 ...
China has opened a court in the Guangdong free trade zone. The court is located in Nansha District and will hear civil and business cases arising locally. The cases to be handled by the court are related to investment, trade, finance, ...
Tags: Free Trade Zone, Court
Le Vision Pictures, an affiliate of LeTV, is planning to seize a piece of China's video market. The company says it will release 20 of its own movies, 13 Sino-US coproduction films, and 30 Internet dramas in 2016. Meanwhile, Le Vision ...
Tags: Levp, Domestic Video Market