Policy

China issues five-year plan to boost service trade development

China on Thursday issued a plan to boost the development of its service trade and ease the service trade deficit by 2020.

Thermal power plants banned in China's southeast coast: Li Yizhong

China's southeast coastal areas, including the Yangtze River Delta and Pearl River Delta areas, will be banned from building thermal power plants.

Chengdu's Party Chief Tang Liangzhi: Comprehensive National Science Center should built in Chengdu

Chengdu should establish a Comprehensive National Science Center featuring military civilian integration, Tang Liangzhi, NPC deputy, suggested on Wednesday.

How is the government work report drafted in China?

Against the background of complicated economic situations at home and abroad, how should China's economy achieve stability and development under the guidance of the government work report?

China ponders tax deduction for two-child family

China is pondering tax deduction for two-child family, Finance Minister Xiao Jie said Tuesday.

Market

First-ever enrollment of CASS University starts this year

The University of Chinese Academy of Social Sciences (CASS) will begin its first-ever enrollment this year.

China's logistics revenue in 2016 reaches 7.9 tln yuan, up 4.6 pct year on year

The logistics revenue in 2016 reached 7.9 trillion yuan (1.14 trillion US dollars), up 4.6% compared with the previous year.

China's electronic information industry maintains fast growth in 2016

China's electronic information industry continued to grow quickly last year, with its value-added output expanding 10 percent year on year, the latest official data showed.

Cambodia's rice export to China up 9 pct last year

Cambodia had exported 127,460 tons of milled rice to China in 2016, an increase of 9 percent year-on-year, according to a government's report released on Thursday.

Taxes from major FTZs exceed 400 bln yuan

China collected 409 billion yuan (59.3 billion US dollars) in taxes in four major free trade zones (FTZs) last year, data from the State Administration of Taxation (SAT) showed.

Companies

Qualcomm ups ante with fresh funds for Guizhou venture

US chip giant Qualcomm Inc, together with Guizhou government, poured another 1 billion yuan (144.7 million US dollars) into their joint venture Guizhou Huaxintong Semiconductor Technology.

Manufacturer announces China's first hydrogen tram deal

Chinese railcar-maker CRRC Qingdao Sifang Co Ltd announced on Thursday that it has signed a contract to produce eight hydrogen-powered tramcars, marking the country's first such deal.

Chinese firm helps Vietnam build its first metro line

Hanoi will soon unveil Vietnam's first ever metropolitan rail line. The 13-kilometer-long urban train project is built by the 6th bureau of the CREC.

HNA moves into the media

Chinese conglomerate HNA Group has added news media to its recent string of acquisitions by acquiring an 80 percent stake in a media company in Beijing.

France's Colisee to tap China's elderly care biz

A joint venture of French nursing home operator Colisee Group plans to open its first Chinese complex in Guangzhou, Guangdong province, in January next year.

Investment

Chinese construction equipment giants eye US entry with detailed plans

China's big equipment producers - Sany, Zoomlion, and XCMG - are tapping into the American market with careful and strategic plans.

Nepalese Rupee "made in China"

China Banknote Printing and Minting (CBPM) inked an contract with Nepal Rastra Bank to print 260 million 5-rupee notes after winning the international bidding.

"She" power on the Hurun Global Rich List 2017

Hurun Report on Tuesday released the Hurun Global Rich List 2017. The "She" power on the list merits attentions.

Central China to set up aviation industry development fund of $7.3 bln

An aviation industry development fund of 50 billion yuan (7.3 billion US dollars) will be set up in central China's Henan province.

Developing characteristic towns, exploring "Sichuan mode"

With the release of the government work report during the major annual political sessions, some top words instantly drew broad attentions from the public.

Why do internet giants like Huawei choose to invest in Sichuan, SW China?

This year, internet giants including Huawei, Suning and Alibaba have signed strategic cooperation agreements respectively with Sichuan government.

China's investment to Belt and Road countries exceeds $50 bln: official

China has invested more than 50 billion US dollars in countries along the Belt and Road since the nation proposed the initiative in 2013, a senior economic official said on Monday.

Chengdu Opening-up

SW China to build industrial cluster of military and civil integration: NPC deputy

Sichuan has signed strategic cooperation agreements with 12 state-run military industry groups and China Academy of Engineering Physics to build the civil-military integration industrial base.

Aviation industry cluster emerged in Chengdu Hi-tech zone

Chengdu Hi-tech zone "will actively build the aviation industry park, promote the aviation industry gathering and achieve cluster development".

Chengdu expects 5 new direct int'l flight routes in 2017

Chengdu is projected to add at least five new direct internaitonal air routes this year.

Chengdu to build China's fastest metro system train

Chengdu Metro Line 18, with a total length of 59.27 km, will be an express metro line with nine stations linking Chengdu South mainline station with Chengdu Tianfu International Airport.

Chengdu-Chongqing international transport hub to be built

An international comprehensive transport hub that connects Chengdu with Chongqing will be built, according to China's new five-year plan on the development of modern transport system.

Chengdu dedicated to low-carbon growth

Chengdu is taking measures to build itself a national low-carbon city. The southwestern city is expected to peak carbon emissions by 2025.

What makes Chengdu attractive for Fortune 500 companies? NBS chief has some answers

Chengdu, boasting an excellent talent pool, price stability and excellent development prospects, is a central city in middle and western China, according to NBS chief Ning Jizhe.

 

Email: lansuying@nbd.com.cn