The Economy

China to further open economy to foreign investors

China will continue its efforts to open up the economy and reduce market access restrictions on foreign investment, the Ministry of Commerce said.

Huawei bags multiple 5G deals at industry expo

?Chinese technology giant Huawei has garnered a series of 5G deals with global mobile operators during the MWC Barcelona, a telecommunications industry's prominent get-together which ends on Thursday.

JD reports 22 pct. revenue growth in Q4

JD.com on Thursday reported a 22-percent year-on-year increase in net revenues for the fourth quarter of 2018.

China makes solid progress in structural reform: communique

Solid progress was made in the structural reform of China's economy last year, with traditional sectors becoming more efficient and new growth drivers stronger, an official report showed Thursday.

China to continue improving services for foreign investors

?China will keep improving legal and market environments for foreign investors to attract more overseas capital inflow, according to the Ministry of Commerce (MOC).

Shenzhen surpasses HK in GDP

Shenzhen's 2018 gross domestic product surpassed that of Hong Kong, calculated by the annual average exchange rate, for the first time in history.

Huawei unveils next generation transmission solution

?Chinese telecommunications giant Huawei on Wednesday unveiled its next generation data center interconnect (DCI) solution at MWC 2019 (formerly Mobile World Congress), which is being held until Thursday.

Alibaba creates over 40 mln jobs in 2018

?Chinese e-commerce giant Alibaba created about 40.82 million jobs last year via its expansive retail ecosystem, up 10.9 percent year on year, a recent report showed.

CSRC unveils details about new tech board

?China's top securities regulator on Wednesday unveiled more details about the new science and technology innovation board designed to boost financial reform and development of the high-tech sector.

China's manufacturing sector slows down in February

China's manufacturing sector expanded at a slower pace in February, official data showed Thursday.