China's service outsourcing industry continued to grow in the first eight months, the Ministry of Commerce (MOC) said on Tuesday. Chinese companies agreed service outsourcing contracts worth 629 billion yuan (95 billion U.S. dollars) in ...
China on Monday established a national fund for structural adjustment of state-owned enterprises (SOEs). The fund has an estimated capital of 350 billion yuan (around 50 billion U.S. dollars) and will mainly invest in programs including ...
A grand ceremony was held at the Beijing Convention Center on August 18, 2016 to celebrate the partnership between BYD Company Ltd. and the Beijing Environmental Sanitation Engineering Group Ltd., and launch the world’s first pure ...
Efforts to reduce China's steel production overcapacity are forging ahead according to plan, the top economic planner said Wednesday. In a medium-term roundup of the drive, the National Development and Reform Commission (NDRC) said, in an ...
Tags: steel production, overcapacity
China will overhaul its investment and financing system to stimulate market vitality amid the economic downturn, according to a document released Monday by the central authorities. The government will cut red tape, improve supervision and ...
Tags: Financing Reform
With the rapid growth of the domestic electric vehicle industry, as the key material of electric vehicle batteries, lithium has become hot. The price per ton from 2015 at the beginning of a few million Yuan has been up to hundreds of ...
Tags: Power Battery, electric vehicle
The Chinese government is struggling to meet its annual fiscal targets, finance minister Lou Jiwei warned Wednesday. The central treasury received 2.968 trillion yuan (about 446.4 billion U.S. dollars) from January to May, a year-on-year ...
Tags: fiscal targets
China's manufacturing activity expanded for the second month in a row in April but at a slower pace, official data showed on Sunday. The purchasing managers' index (PMI) came in at 50.1 in April, slightly down from March's 50.2 and below ...
Tags: manufacturing activity, sub-index measuring production
More funds will be mobilized to protect endangered heritage that is currently outside government domain, according to a top official of the Culture Ministry. The move comes in the wake of related national guidelines released by the State ...
Tags: Private Hands, Funds
“Night of Shandong Province” theme activity of 2016 China Development High-level Forum host by the provincial government of Shandong Province and Development and Research Center of State Council was held in Diaoyutai State ...
As China rebalances its economy, some are concerned that the expected slowdown in investment might lead to job losses. Yin Weimin, minister for human resources and social security, told a news conference on February 29 that 1.3 million ...
Tags: Soft Skills, coal sector
China's largest new energy car maker BYD has reported surging profit growth in 2015, with demand rising as authorities introduced policy support for green vehicles. BYD raked in 80 billion yuan (12.24 billion U.S. dollars) in revenue last ...
Tags: New Energy Car, EV
Chinese central authorities on Sunday issued a document to set the basic principles, key tasks and targets for future urban development and management, aiming to make China's sprawling cities more livable, efficient and green. The ...
Tags: Guidelines, urban development
Breakthroughs will be made in steel and coal sectors in reforms of traditional industries, along with China's efforts to cultivate new growth engines, the Chinese premier said on Wednesday. It is crucial to make a good start for the 13th ...
Chinese New Year celebrations in South Korea kicked off on Jun 17 in Seoul with a variety show. The event, themed Culture of China, Festival of Spring, featured Chinese ethnic charms such as dance, Peking opera, acrobatics, cross talk, ...
Tags: New Year Celebrations