The Shanghai Free Trade Zone has rolled out new measures to create a favorable environment for business and woo foreign tech talent, local authorities said on Monday. Market supervision authorities in the zone, which is located in the Pudong New Area, announced a 20-point regulation to improve the business environment, said Zhang Jianhua, deputy director […]
Airbus has seen sustained rapid progress in industrial cooperation with China, with deals surging to nearly 600 million U.S. dollars in 2017, said Airbus China. The European aviation giant has seen multiple milestones in its industrial cooperation with Chinese partners, such as the new completion and delivery center in Tianjin for its wide-body A330 aircraft […]
Well-equipped with high-tech and air-cons, Chinese Yutong’s ‘smart’ buses have brought a safe and comfortable riding choice to passengers in Phnom Penh, the capital city of Cambodia. Donated by the Chinese government in July 2017, 98 buses have been used to serve passengers on 5 out of the 8 main lines in the city and […]
Once again it is time for reflections and resolutions. For China, which sailed through a difficult year safe and sound and with government promises of a more efficient and open economy, the country is ready to start a new journey. Despite some turbulence along the way, China’s economy ended 2017 stronger than expected: headline growth […]
China’s Ministry of Finance (MOF) said Thursday it will exempt foreign companies from paying provisional withholding income tax on profits they re-invest in the country. The news comes as the Chinese government is moving to attract foreign investors after a host of countries unveiled similar measures to lure foreign and domestic investment. Foreign companies play […]
President Xi Jinping instructed the armed forces to strengthen real combat training and improve its war-winning capability. Xi, also general secretary of the Communist Party of China (CPC)Central Committee and chairman of the Central Military Commission(CMC), made the remarks while issuing an order at a mobilization meeting held by the commission. It was the first […]
A ban on imports of millions of tonnes of plastic waste by the Chinese government is already causing a build up of rubbish at recycling plants around the UK and will bring chaos for councils in the weeks ahead, according to industry experts. Simon Ellin, chief executive of the UK Recycling Association, said his members […]
Ukraine’s Black Sea port of Yuzhny is in the midst of the major dredging operation. The Beijing-based China Harbor Engineering Company (CHEC) is carrying out the dredging, helping Ukraine to transform the Soviet-built port into a modern maritime facility and write the new chapter in the history of Yuzhny. Founded in 1978, Yuzhny is one […]
The first China Cultural Center in Bulgaria was inaugurated here on Thursday. The center, covering an area of almost 4,000 square meters, is located in the downtown of Sofia, Bulgaria’s capital city, and includes exhibition halls, a library and rooms for teaching Chinese language, calligraphy, music, martial arts, dance and cuisine. Zhang Xu, China’s Vice […]
Speaking at the World Economic Forum in Davos, Switzerland, Jack Ma, the billionaire founder of Alibaba, the Chinese company that surpassed Walmart as the world’s largest retailer in 2016, said the United States has no one but itself to blame for its economic woes and that much of the problem is rooted in wasteful spending on […]
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Jeff J. Brown is an American living in Shenzhen, he has the (...)
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