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China / Business

Beijing, Tianjin and Hebei act on realty speculation

[2017-05-18 07:13]

The Beijing, Tianjin and Hebei governments are teaming up to intervene and stop speculation in the real estate market, senior officials said.

Bond Connect to fortify domestic issuance market

[2017-05-18 07:13]

Global bond fund managers welcomed the approval of launching northbound trading of the Bond Connect, saying this is a progressive and incremental step to open the world's third-largest bond market after the United States and Japan, with a total debt value estimated at $9.5 trillion.

Sany helps out with major rescues overseas

[2017-05-18 07:13]

Sany Heavy Industry Co Ltd said that its involvement in major disaster rescues - as well as boosting its efforts in localization - has been key to its successful and evolving overseas development.

Call is made for more activities in public welfare

[2017-05-18 07:13]

Charity sector leaders called on international companies to be more involved in socially responsible activities, before expanding their presence in countries and regions related to the Belt and Road Initiative.

Chinese boost green credentials traveling abroad

[2017-05-18 07:13]

Chinese people have an intense awareness of eco-friendly traveling and 83 percent of them consider themselves as sustainable travelers, a key industry survey found.

Volvo Cars ships its S90 to Belgium under B&R Initiative

[2017-05-16 08:24]

Belgian Deputy Prime Minister Kris Peeters witnessed the historic moment of a luxury Volvo sedan being loaded onto a container in Heilongjiang province on Saturday - the start of China-made cars being exported to fulfill Western European demands.

Yili eyes more moves into overseas market

[2017-05-16 08:26]

China's biggest dairy producer, Inner Mongolia Yili Industrial Group Co Ltd, said it plans to further move into overseas markets in the next three to five years.

SAP to ride B&R to popularize new tech

[2017-05-16 08:26]

German software company SAP SE will step up efforts to tap into opportunities brought by the Belt and Road Initiative, which it believes will motivate groups to adopt new technologies and business models.

Expert says it is possible to minimize financial risks related to Initiative

[2017-05-16 08:25]

To control financial risks, Chinese companies need to make prudent investments on expansion into economies participating in the Belt and Road Initiative, said Justin Yifu Lin, former chief economist and senior vice-president of the World Bank.

Sino-Hungarian investment funds coming

[2017-05-16 08:26]

Hungary will deepen cooperation with China in the financial sector by jointly establishing more investment funds, said its minister of foreign affairs and trade.

NCF looks abroad for 50% of revenue

[2017-05-16 08:26]

The CEO of fintech services company NCF Group - which is among the country's first batch of groups to obtain full-fledged internet finance licenses - said that the strategic goal of his firm is to generate half its business from overseas markets in the next three to five years thanks to the Belt and Road Initiative.

April indicators signal all's well

[2017-05-16 08:24]

China's economy continued to fare well in April, bolstered by deepening supply-side structural reform that is fueling innovation and the new economy, the National Bureau of Statistics said on Monday.

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