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Physical indicators give glimpse of positive changes in economy

Physical indicators give glimpse of positive changes in economy

While China’s May economic data suggested overall economic resilience, a glimpse into the physical indicators may provide more details of the changes taking place in the economic picture....

June 18, 2018, Monday


American firms assess tariff impact

American firms assess tariff impact

COMPANIES and trade groups in the US have expressed concern over how the escalating trade spat between the world’s two biggest economies could affect operations. Beijing retaliated immediately to tariffs ...

June 18, 2018, Monday


Steady growth on economy into 2018

Steady growth on economy into 2018

China’s manufacturing activity edged down in December, official data showed yesterday, but largely maintained momentum despite curbs on heavy industry aimed at taming the country’s chronic air pollution. The ...

June 18, 2018, Monday


PBOC vows to support Shanghai’s development

PBOC vows to support Shanghai’s development

YI Gang, governor of the People’s Bank of China, yesterday said the central bank will support Shanghai as it opens up and reforms the financial sector. Speaking at the Lujiazui Forum, Yi said the central ...

Li Liyuan | June 15, 2018, Friday


China economy stable as reform sustains growth

China economy stable as reform sustains growth

China’s economy enjoyed steady growth in May, largely due to solid industrial output and investment in the manufacturing sector....

Huang Yixuan | June 15, 2018, Friday


Fed hikes rates in shift from previous policies

Fed hikes rates in shift from previous policies

The Federal Reserve raised interest rates on Wednesday, a move that was widely expected but still marked a milestone in the US central bank’s shift from policies used to battle the 2007-2009 financial ...

June 15, 2018, Friday


China’s new home sales increase faster

China’s new home sales increase faster

New home sales in China rose more quickly in the first five months of this year, data released yesterday by the National Bureau of Statistics showed....

Cao Qian | June 15, 2018, Friday


PBOC injects funds via reverse repos at flat rates

PBOC injects funds via reverse repos at flat rates

CHINA’S central bank continued to inject liquidity into the financial system via open market operations, with rates flat despite an interest rate hike in the US. The People’s Bank of China pumped 150 ...

June 15, 2018, Friday


Asian nations key to future smart cities

Asian nations key to future smart cities

CHINA and other Asian countries will play a major role in shaping the smart cities of the future thanks to high adoption of smartphones and digital services, a recent study by the McKinsey Global Institute ...

Ding Yining | June 15, 2018, Friday


Fast growth of FDI due to high-tech sectors

Fast growth of FDI due to high-tech sectors

China’s foreign direct investment rose in May from a year earlier and also from January to May, with capital channeled into high technology industries. FDI into the Chinese mainland grew 7.6 percent ...

Huang Yixuan | June 15, 2018, Friday


Alliance seeks to help Shanghai startups

Alliance seeks to help Shanghai startups

SHANGHAI’S first artificial intelligence and Internet plus service alliance was launched in Hongqiao yesterday to serve both local high-tech startups and residential communities. The alliance aims to ...

Yang Jian and Zhu Shenshen | June 15, 2018, Friday


Room to cooperate on business

Room to cooperate on business

CHINA and France have huge opportunities to cooperate on business and investment by tapping Chinese consumption upgrade and the Belt and Road Initiative, investors said yesterday. Bpifrance, the state-owned ...

Zhu Shenshen | June 15, 2018, Friday


Computer vision tech set to thrive

Computer vision tech set to thrive

VSLAM, a key computer vision technology featuring artificial intelligence, is set to see explosive growth this year as it will be increasingly used in VR/AR devices and home robotics, Shanghai Daily learned ...

Zhu Shenshen | June 15, 2018, Friday


CES Asia set to be treasure trove of high-tech wonders

CES Asia set to be treasure trove of high-tech wonders

ARTIFICIAL intelligence, robot and automotive electronics are the stars of the CES Asia in Shanghai, with several Chinese high-technology companies aiming to leave an indelible impression at the show. Other ...

June 14, 2018, Thursday


Software exports surge 9.7%

Software exports surge 9.7%

CHINA’S software exports reached US$37.6 billion in 2017, up 9.7 percent year on year, said a report on the digital economy issued by the Ministry of Commerce Tuesday. About half the volume, US$18.9 ...

June 14, 2018, Thursday




 

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