Economy

Economy

Shanghai prioritizes development of high-end manufacturing

Shanghai's strongest advantage in meeting the priority is its openness to new ideas, innovation and talent from all over the world.
Economy

Yuan set to stay stable as China's economy in good shape

The weakness in some emerging markets, which is poses a biggest challenge to the world economy, may see their currencies worsen, according to analysts.
Economy

China's outbound investment under spotlight at Summer Davos

China's outbound investment has become a hot topic at the Summer Davos as foreign participants are eager to know more about the preferences and principles of Chinese investors.
Economy

Li rules out devaluation of currency

China will stick to market-oriented reform of the exchange rate formation mechanism and will not stoop to competitive devaluation of its currency, Premier Li Keqiang stressed.
Economy

Internet giants bolstering AI capability to help retailers better tap consumers' shopping preferences

AI can help vendors and retailers achieve higher profit margin with the same floor space as it cuts down labor costs.
Economy

China retaliates with tariffs on American items worth US$60b

China announced it will impose additional tariffs on American products worth US$60 billion from next Monday in response to the newly announced US tariffs on Chinese goods.
Economy

China's stock markets surge

Shares of building material companies led gainers while total turnover on the two stock exchanges rose to 253.66 billion yuan (US$36.95 billion).
Economy

China pledges zero tolerance for data fraud

China's statistics authority named and shamed local areas involved in statistical fraud, pledging a continued hard-line stance on and zero tolerance to such illegal practices.
Economy

Chinese shares fall to lowest since 2014

Chinese shares dropped to their lowest level in nearly four years yesterday.
Economy

China's economy shows steady growth in August

China's economy extended steady growth in August, with industrial output expanding 6.1 percent year on year.
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