Beijing's GDP growth was 6.9 percent in 2015 and it will maintain steady growth for the next year, the statistics bureau announced Thursday. Beijing's GDP was about 2.29 trillion yuan (about 350 billion U.S. dollars) in 2015 and its ...
Tags: GDP growth, Service
China's outbound M&A volume increased for the sixth consecutive year to a record high of $111.9 billion in 2015, breaching the $100 billion mark for the first time ever, says a recent report from Dealogic, an international information ...
Tags: Outbound M&A
China saw a record number of firms established in 2015 despite the slowing economy, official data showed. Chinese set up a total of 4.44 million companies last year, up 21.6 percent from a year ago, which means 12,000 new companies every ...
Tags: Chinese economy, economic slowdown
Chinese home appliance makers are giving dimensions of reality to the "Internet Plus" strategy championed by Premier Li Keqiang. Slowly but surely, they are pressing ahead with the task of integrating Internet technologies with their ...
In 2014, the global CNC machine tool output value approximated USD48.1 billion, with the CNC level standing at about 60%. Particularly, the developed countries such as Japan, the United States, Germany, and South Korea enjoyed relatively ...
Tags: CNC machine, machine tool
According to IDC, 3D printer shipments in the China market reached over 34,000 units in 2014, and are expected to have reached 77,000 units in 2015, exhibiting a growth rate over 120%. This growth rate is largely driven by sales of desktop ...
Tags: 3D printer, printer
China has more than doubled its first round oil product export quotas to 20.93 million mt from a year ago to 27 refineries in 2016, industry sources told Platts Tuesday. It contrasted to the 9.75 million mt released for the same period ...
Tags: oil product, gasoline
Foreign investment in China reached a record 126 billion U.S. dollars in 2015, according to new official data. In the first 11 months of the year, China took in 114 billion U.S. dollars in non-financial investment, up 7.9 percent year on ...
Brisk orders for IoT-related products are expected to boost the performance of several Taiwan-based IC design houses specializing in MCUs, power management ICs and wireless transmission chips in 2016, according to industry sources. Elan ...
Tags: IoT devices, IC Design
China continued to see a deficit in foreign service trade in November but the volume has narrowed, data from the State Administration of Foreign Exchange (SAFE) showed on Wednesday. The deficit came in at 15.6 billion U.S. dollars, ...
Tags: Trade Deficit
A total of 108 Chinese suspects committing job-related crimes, with 1.2 billion yuan (185 million U.S.dollars) of embezzled money involved, have been repatriated during the past 15 months, the Supreme People's Procuratorate (SPP) announced ...
Tags: Crime Suspects
The world's first circular high-speed railway line has begun operation in China's southernmost province, Hainan. Locals are hoping the new rail will further promote the economy of the island, which is already a popular tourism attraction. ...
Tags: High-Speed Railway, Hainan
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
The International Monetary Fund (IMF) on Tuesday raised alarm of Djibouti's continuing public debt and budgetary deficit. "Expenses relating to public investments have exerted considerable pressure on the budget and external debt," IMF ...
Tags: IMF, Public Debt, Budgetary Deficit
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 ...