Policy

Over six mln sqm of low-income housing expected in Shenzhen by 2020

Shenzhen aims to offer more than 6 million square meters of public rental housing for talents and low-income housing by 2020.

China to have 17 national e-commerce pilot cities

A notice released by seven departments of China shows that a total of 17 cities will be built into national e-commerce pilot cities.

Authorities respond to tax concerns

Departments and ministries under the State Council responded to a series of public concerns in the past week, mainly concerning the corporate tax burden and prevention of urban flooding.

Tianjin to build 90,000-plus new charging piles by 2020

Tianjin will accelerate the construction of charging piles during the 13th five-year plan period to push the development of new-energy vehicles.

Development plan for dairy industry 2016-20 issued

Five ministries and commissions jointly released the development plan for the dairy industry 2016-2020. The plan lists seven priorities of the dairy industry.

Pilot cities for 'Made in China 2025' likely to hit 30 this year

There will likely be up to 30 pilot cities for "Made in China 2025" by the end of this year, the MIIT's plan shows.

Market

China consumer prices up 2% in 2016

The consumer price index (CPI), a main gauge of inflation, rose 2 percent in 2016 -- up from 1.4 percent in 2015 -- the same rate as 2014, according to an NBS statement.

Growing Chinese market target for UK toymakers

UK toy companies are trying to open up the Asian market, particularly China, because it is a rapidly growing market.

Zheng's view: A-shares will continue to consolidate

The A-share market will continue to fluctuate later. Due to market uncertainties ahead, big buy and big sales are unlikely in the near term.

Zheng's view: A-share market to trade sideways

The A-share market is moving sideways. For those inexperienced, better step back and wait for more information.

Bitcoin price tumbling after inspections introduced

Bitcoin price tumbled again after the PBOC launched inspections on bitcoin trading platforms.

3 bln trips expected during China's holiday travel rush

About 2.98 billion trips are expected to be made during China's 2017 Spring Festival travel rush between Jan. 13 and Feb. 21, China's top economic planner said Thursday.

Companies

China ready to manufacture homegrown 2.3-mm ballpoint pen tips

China's first batch of steel wires for making 2.3-mm ballpoint pen tips recently rolled off the production line of Taiyuan Iron & Steel (Group) Co., Ltd. (TISCO), marking a breakthrough in the domestic production of stainless steel balls for ballpoint pens.

Didi partners with Brazil's largest counterpart to promote ridesharing

Chinese mobile transportation giant Didi Chuxing partnered with Brazil's largest local shared mobility provider 99 to promote ridesharing, the company announced Thursday.

BYD to sell 50 electric buses to Argentina

BYD Co, China's largest electric vehicle maker won a bid to sell 50 electric buses to Argentina, according to the renewable energy technology company.

Didi predicts more carpools for Chinese New Year migration

Chinese people are expected to take 8.4 million carpool trips during the upcoming Spring Festival travel rush, Chinese on-demand mobility (ODM) firm Didi forecast on Thursday.

CNCRC merges into Sinograin

China National Cotton Reserves Corporation will become a wholly-owned subsidiary of China Grain Reserves Corporation, following a conference on reorganizing work.

Investment

Tianjin settles 17.6 billion US dollars contracts

Principals of 55 central government owned companies gathered in Tianjin to seek cooperation and development, signing contracts worth 121.7 billion yuan (17.6 billion US dollars)

Plans to launch satellites for global navigation network

China plans to launch up to eight new generation navigation satellites into space this year, according to researchers from the BeiDou Navigation Satellite System.

AMAC president calls for green investment

Funds management industry should base on investment value and establish a sense of green investment, said Hong Lei, president of Asset Management Association of China.

Industrial parks of over $ 29 bln revenue to land in W. China

Sichuan government recently issued the plan for the innovation, reform and development of industrial parks.

CASS expects Chinese economy to grow 6.5% in 2017

CASS expects Chinese economy to grow at the rate of 6.5% in 2017.

Chengdu Opening-up

Panda cub image listed best photos of 2016

A photo of a panda cub falling off the stage, taken last September, was listed best photos of 2016 by Reuters and Time.

Chengdu ranked most attractive investment destination

Chengdu, capital of Sichuan province, is one of China’s most attractive investment destinations, according to a ranking list released at the Lively China Forum in Beijing on Monday.

Chengdu tribunal safeguards IP rights

Chengdu unveils a special tribunal pertaining to intellectual property matters, a move considered to establish a sound environment for innovation and entrepreneurship.

15 UN panda envoys visit Chengdu

For five days this week, 15 of the 17 people chosen to be United Nations Panda Champions for the Global Goals, are in Chengdu to learn about pandas.

Non-stop flight to connect Chengdu with Africa

Ethiopian Airlines will run non-stop flights from Addis Ababa to Southwest China's Chengdu as of June 3, 2017.

 

Email: gaohan@nbd.com.cn