Zhu Shenshen

Business Reporter
Huawei's revenue grew 19% for 2019 despite difficulties - China Company News
Company

Huawei's revenue grew 19% for 2019 despite difficulties

The company reports booming carrier and consumer business as the world moves into the 5G era, though it expects a more complicated external environment going forward.
Shanghai signs major raft of investment deals to boost economy - China Economy News
Economy

Shanghai signs major raft of investment deals to boost economy

The city announced 152 investment projects valued 441.8 billion yuan for this year, including those from firms like Bosch and Walmart.
Honor launches phone with Huawei 5G chip - China Tech News
Tech

Honor launches phone with Huawei 5G chip

The new Honor 30S boasts hardware similar to Huawei's flagship P30 model, but at an affordable price aimed at young consumers.
ZTE profits from a booming demand for 5G - China Tech News
Tech

ZTE profits from a booming demand for 5G

Telecommunications equipment vendor reverses losses in 2018 as it reports a net profit for 2019 of 5.15 billion yuan and is expected to exceed that figure this year. 
Most electronics firms are back at work to revive economy - China Economy News
Economy

Most electronics firms are back at work to revive economy

Vice minister says China is speeding up 5G and data center as well as industrial Internet construction to help the economy rebound after the COVID-19 pandemic. 
Chinese stock markets divided on Friday for clearer signals - China Finance News
Finance

Chinese stock markets divided on Friday for clearer signals

The benchmark Shanghai Composite Index closed up while the Shenzhen Component Index was down as investors told to be patient as they wait for policies to stimulate the economy.
Huawei to invest US$200 million in developer community - China Tech News
Tech

Huawei to invest US$200 million in developer community

The tech giant is investing heavily to bring talent to its Kunpeng processor system. It's also teaming up with Tencent on a joint gaming lab.
Airbnb sees surging demand for short trips - China Tech News
Tech

Airbnb sees surging demand for short trips

Accommodation provider says it will continue to invest in China as it predicts good business during the Labor Day holiday in May and throughout the summer. 
Share prices dip under COVID-19 pressure - China Finance News
Finance

Share prices dip under COVID-19 pressure

Slight fall in prices for Chinese stocks is attributed to the ongoing coronavirus pandemic, especially its influence in overseas countries and regions. 
Huifu sees 39% net profit growth in 2019 - China Tech News
Tech

Huifu sees 39% net profit growth in 2019

Digital payment service provider reports boom transaction volume and booming business in software as a service and cross-border payment services. 
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