Economy

Economy

Beijing, Shanghai, Shaanxi in joint tourism push

The three provincial-level regions have signed a deal to jointly promote the regions as tourism hubs to boost their economies.
Economy

Garment business dresses up China-Arabian trade

New business opportunities created by China's Belt and Road Initiative have brought a pressing need for more workers.
Economy

China vows to further improve business environment

China will work to tackle the weak areas in its business environment to further improve overall competitiveness and sustain the sound momentum of steady economic performance.
Economy

China's rising affluent population 'confident': survey

China's rising affluent population showed more financial confidence despite economic headwinds, a survey showed on Wednesday.
Economy

Ascentage Pharma raises US$150m in bid to introduce new cancer drugs

Suzhou-headquartered Ascentage Pharma said it raised US$150 million in series C funding for its pipeline of innovative cancer drugs. 
Economy

Shanghai's economy grows by 6.9% in H1

Shanghai's economy grew 6.9 percent in the first half of the year, 0.1 percentage points higher than national GDP growth.
Economy

IMF maintains global growth forecasts, warns of escalating trade tensions

The IMF kept its growth forecasts for the global economy unchanged for this year and next year, but warned of escalating trade tensions that could derail the global recovery.
Economy

Chinese president meets World Bank president in Beijing

President Xi Jinping on Monday met with World Bank President Jim Yong Kim in Beijing.
Economy

China economy grows 6.8% in first 6 months

China's economy extended its steady growth, expanding higher than expected by 6.8 percent year on year in the first half of 2018.
Economy

Shanghai Pharma enters partnership with Canadian farm

Shanghai Pharmaceutical Holdings Shenxiang Health Medicine Co has entered into a strategic partnership with Northland Ginseng Farms in Ontario to source from a standardized site. 
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