IMF upgrades 2024 global growth forecast to 3.2% - China Economy News
Economy

IMF upgrades 2024 global growth forecast to 3.2%

The International Monetary Fund (IMF) on Tuesday upgraded its forecast of global growth in 2024 to 3.2 percent, 0.1 percentage points higher than its projection in January.
CityShop closes its last two Shanghai outlets - China Economy News
Economy

CityShop closes its last two Shanghai outlets

Food retailer says the supermarket company which had 13 city stores at one time is going into liquidation citing poor business conditions after 30 years of service to customers.
China to raise gasoline, diesel retail prices - China Economy News
Economy

China to raise gasoline, diesel retail prices

China will raise its retail prices of gasoline and diesel from Wednesday, based on recent changes in international oil prices.
Novel products showcased at 4th CICPE in south China's Hainan - China Economy News
Economy

Novel products showcased at 4th CICPE in south China's Hainan

China's surveyed urban unemployment rate at 5.2% in Q1 - China Economy News
Economy

China's surveyed urban unemployment rate at 5.2% in Q1

China's GDP expands 5.3% year on year in Q1 - China Economy News
Economy

China's GDP expands 5.3% year on year in Q1

China set to become biggest personal luxury market - China Economy News
Economy

China set to become biggest personal luxury market

CEO's digital avatar makes sales pitch during JD livestream - China Tech News
Tech

CEO's digital avatar makes sales pitch during JD livestream

Millions of online viewers tune in for a livestreaming event on JD.com on Tuesday to see whether they could tell the AI avatar from the real person of company CEO Liu Qiangdong.
Apple loses its crown while Chinese brands gain ground - China Tech News
Tech

Apple loses its crown while Chinese brands gain ground

Chinese brands are increasing in popularity as they continue to refine offerings and expand their reach, including in the booming generative AI sector.
AI key to boosting productivity, but are we ready for it - China Tech News
Tech

AI key to boosting productivity, but are we ready for it

Artificial intelligence is key to improving productivity, but most workforces are not ready to transform, a new study by HR consultancy Mercer has shown.
Zhou Guanyu avatar to debut at F1 Shanghai - China Tech News
Tech

Zhou Guanyu avatar to debut at F1 Shanghai

AI gadgets shine at medical tech show in Shanghai - China Tech News
Tech

AI gadgets shine at medical tech show in Shanghai

Nubia launches affordable phone with AI technology - China Tech News
Tech

Nubia launches affordable phone with AI technology

Blizzard games to return to Chinese market under new deal with NetEase - China Tech News
Tech

Blizzard games to return to Chinese market under new deal with NetEase

Tesla laying off more than 10% of staff globally as sales fall - China Auto News
Auto

Tesla laying off more than 10% of staff globally as sales fall

Tesla is laying off more than 10 percent of its global workforce, an internal memo seen by Reuters on Monday shows, as it grapples with falling sales.
Forvia cooperate with Chery on sustainable cockpits - China Auto News
Auto

Forvia cooperate with Chery on sustainable cockpits

Automotive companies get together to design, develop, manufacture and supply systems and modules related to the full range of cockpits, including seats, interiors and electronics.
VW's Hefei innovation center in fast lane - China Auto News
Auto

VW's Hefei innovation center in fast lane

Volkswagen will further expand its production base in China to strengthen its R&D capabilities, and cooperate with local high-tech companies and car producers.
Chinese NEVs become a booster of automobile transformation - China Auto News
Auto

Chinese NEVs become a booster of automobile transformation

Volkswagen sees strong growth of cars delivery in China - China Auto News
Auto

Volkswagen sees strong growth of cars delivery in China

China's auto sales up 10.6% in Q1 - China Auto News
Auto

China's auto sales up 10.6% in Q1

World's first production certificate for eVTOL obtained by EHang - China Auto News
Auto

World's first production certificate for eVTOL obtained by EHang

Sephora names JD Fashion ex-head as China managing director - China Company News
Company

Sephora names JD Fashion ex-head as China managing director

Global beauty retailer Sephora has appointed Xia Ding as its managing director in China, who will be based in Shanghai and report directly to Alia Gogi, president of Sephora Asia.
Edwards Lifesciences appoints new China head - China Company News
Company

Edwards Lifesciences appoints new China head

Edwards Lifesciences has named Ben Cheong as the new Senior Vice President and General Manager for its China operations.
Covestro, Tongji renew sustainable development chair - China Company News
Company

Covestro, Tongji renew sustainable development chair

German materials company Covestro has renewed an agreement with Shanghai-based Tongji University to extend a joint chair on sustainable development to the period of 2024-2026.
Chinese company signs MoU with Ethiopia to light up off-grid areas - China Company News
Company

Chinese company signs MoU with Ethiopia to light up off-grid areas

Huawei highlights Luxeed S7 sedan at tech conference - China Company News
Company

Huawei highlights Luxeed S7 sedan at tech conference

Investing in China brings opportunities for prominent European companies - China Company News
Company

Investing in China brings opportunities for prominent European companies

Court ruling involving US$262m worth of assets hits Cotti Coffee founder - China Company News
Company

Court ruling involving US$262m worth of assets hits Cotti Coffee founder

China steps up financing 'white list' mechanism to stabilize real estate market - China Property News
Property

China steps up financing 'white list' mechanism to stabilize real estate market

China is pushing forward its financing "white list" mechanism for real estate projects in an effort to stabilize the market.
HKSAR gov't cancels all property cooling measures - China Property News
Property

HKSAR gov't cancels all property cooling measures

China's Hong Kong Special Administrative Region government decided to cancel all demand-side management measures for residential properties with immediate effect.
China to make housing development plans for 2024, 2025 - China Property News
Property

China to make housing development plans for 2024, 2025

China's Ministry of Housing and Urban-Rural Development on Tuesday requested local authorities to make housing development plans for 2024 and 2025.
New guideline bolsters financial support for rental housing market - China Property News
Property

New guideline bolsters financial support for rental housing market

Shanghai relaxes housing policies for non-locals - China Property News
Property

Shanghai relaxes housing policies for non-locals

Hong Kong court orders liquidation of China's Evergrande - China Property News
Property

Hong Kong court orders liquidation of China's Evergrande

Dishui Lake Financial Bay construction speeding up - China Property News
Property

Dishui Lake Financial Bay construction speeding up

China's yuan loans grow by US$1.33 trillion in Q1 - China Finance News
Finance

China's yuan loans grow by US$1.33 trillion in Q1

China's yuan-denominated loans rose by 9.46 trillion yuan (US$1.33 trillion) in the first quarter of this year
Chinese shares close higher Tuesday - China Finance News
Finance

Chinese shares close higher Tuesday

Chinese stocks closed higher Tuesday, with the benchmark Shanghai Composite Index up 0.05 percent to 3,048.54 points.
China's central bank unveils relending facility for sci-tech innovation - China Finance News
Finance

China's central bank unveils relending facility for sci-tech innovation

China's central bank on Sunday said it had established a special relending facility worth 500 billion yuan (US$70.47 billion) to support sci-tech innovation.
China to improve construction of financing credit service platforms - China Finance News
Finance

China to improve construction of financing credit service platforms

RMB retains 4th spot as currency for global payments: SWIFT - China Finance News
Finance

RMB retains 4th spot as currency for global payments: SWIFT

ICBC net profit up 0.8% in 2023 - China Finance News
Finance

ICBC net profit up 0.8% in 2023

China sees robust increase in new foreign-invested firms - China Finance News
Finance

China sees robust increase in new foreign-invested firms

State Grid optimizes power supply service for firms - China Event News
Event

State Grid optimizes power supply service for firms

Digital and high-tech instruments are being employed to optimize power supply service for firms, the State Grid Shanghai Electric Power Co announced.
China launches global consumption event series at heavyweight expo - China Event News
Event

China launches global consumption event series at heavyweight expo

China launched a series of global consumption events on Saturday at the fourth China International Consumer Products Expo in Haikou, Hainan Province.
Tea expo's digital approach is perfect cuppa - China Event News
Event

Tea expo's digital approach is perfect cuppa

A digital approach is empowering the traditional tea industry "with its fragrance wafting through the Internet."
Jining City showcases its tourism highlights - China Event News
Event

Jining City showcases its tourism highlights

4th China International Consumer Products Expo to kick off in Hainan - China Event News
Event

4th China International Consumer Products Expo to kick off in Hainan

Delta establishes 'life cycle service' industry thinktank - China Event News
Event

Delta establishes 'life cycle service' industry thinktank

Shanghai unveils measures to power ad industry growth - China Event News
Event

Shanghai unveils measures to power ad industry growth

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