Biz / Economy

Numbers of foreign firms setting up in China soar

Foreign companies newly established in China in January surged by 158 percent year on year to hit 5,197 – the highest since September 2015.
Biz / Auto

Policies drawn for recycling of batteries

Chinese authorities are preparing policies on the recycling of batteries due to the rapidly-expanding new energy vehicle market.
Biz / Economy

China's ODI keeps double-digit growth in January

China's non-financial outbound direct investment maintained double-digit growth in January, the third straight monthly increase, official data showed yesterday.
Biz / Economy

Businesses tap opportunities of rising singles

While a rising number of single people worry their Chinese parents, the demographic shift has become a business opportunity for retailers and service providers.
Biz / Tech

China building test site for unmanned ships

China has started building the world's largest test site for unmanned ships – a technology with both civilian and military applications – off a port in the South China Sea.
Biz / Company

MGM casino resort opens as license renewal looms

MGM Resorts has launched a lavish multibillion-dollar casino resort in Macau in the latest big bet by foreign gaming companies on the southern Chinese gambling haven.
Biz / Finance

Tighter scrutiny on insurers' offshore financing activities

Monitoring by China's insurance and foreign exchange regulators aims to prevent risks from overseas investments building up.
Biz / Finance

Clear career progression becoming main motivator for job hunters in Chinese mainland

Salary and benefits chosen by 25 percent of job hunters and 13 percent pick corporate culture as the most important factor in their job decision.
Biz / Tech

Dubai airport benefits from Modular Data system made by China's Huawei

Dubai Airports, the holding company of Dubai International Airport, benefited from the world's first Tier III certified Modular Data Centre Complex (MDCC) made by China's Huawei.
Biz / Finance

Shanghai shares extend rally

Gains in insurance  and tourism shares help key stock index close higher.