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Huawei set to narrow gap with Apple

Huawei set to narrow gap with Apple

HUAWEI Technologies is set to narrow its market share gap with Apple Inc to under 5 percentage points in the global smartphone market in 2017, research firms said yesterday. Sales of global smartphones ...

Zhu Shenshen | February 28, 2017, Tuesday


Transport projects

Transport projects

China will spend at least 2.6 trillion yuan (US$379 billion) on transport infrastructure projects this year, data from the transport ministry showed yesterday. That will include 800 billion yuan on railways, ...

February 28, 2017, Tuesday


China regains top spot for art sales

China regains top spot for art sales

GLOBAL art sales plunged in 2016 as the number of high-value works sold dropped by half, while China regained its status as the world’s top market, Artprice said in an annual report released yesterday. Art ...

February 28, 2017, Tuesday


Robust buying lifts sales of new homes

Robust buying lifts sales of new homes

SEVEN-DAY sales of new homes rose for the third straight week in Shanghai, helped by robust buying in the medium and low-end segments, latest market data suggest. The area of new homes sold, excluding ...

Cherry Cao | February 28, 2017, Tuesday


Crackdown on illegal forex trade

Crackdown on illegal forex trade

CHINA’S foreign exchange regulator said yesterday that it has recently uncovered a number of illegal forex trade cases, and vowed to step up market regulation this year. Authorities discovered an underground ...

February 28, 2017, Tuesday

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Mary Kay: Beauty counts with sustainability efforts

Mary Kay: Beauty counts with sustainability efforts

MARY Kay China has recently been shortlisted as one of the role models in implementing environmentally friendly sup­ply chain management. It is reported that Mary Kay China has been working with its ...

February 28, 2017, Tuesday


Companies extol value in going green

Companies extol value in going green

PIONEER enterprises in the promotion of environmental sustainability are being awarded at the Green Supply Chain 2017 Shanghai Summit held at Shanghai Huating Hotel today. The summit, jointly organized ...

Ma Yue | February 28, 2017, Tuesday


Shares decline

Shares decline

SHANGHAI stocks fell yesterday as investors were digesting messages delivered by the securities regulator over the weekend. The Shanghai Composite Index lost 0.76 percent to 3,228.66 points. Liu Shiyu, ...

February 28, 2017, Tuesday


Baoshan Iron rises

Baoshan Iron rises

SHANGHAI-LISTED Baoshan Iron and Steel Co surged 7.5 percent yesterday following a one-month trading halt after its parent company Baosteel merged with smaller debt-laden rival Wuhan Steel, creating China’s ...

February 28, 2017, Tuesday


Wider opening

Wider opening

CHINA opened its foreign exchange derivatives market to overseas non-central bank institutional investors yesterday. The investors are allowed to trade forwards, forex swaps and options over the counter ...

February 28, 2017, Tuesday


China's February inflation forecast at 1.4%

China's February inflation forecast at 1.4%

CHINA'S consumer price index (CPI) is expected to grow by about 1.4 percent in February from a year earlier, the Bank of Communications said on Monday. The official CPI in February, a main gauge of inflation, ...

February 27, 2017, Monday


SF Express now the most valuable listed company in Shenzhen

SF Express now the most valuable listed company in Shenzhen

SHARES of SF Express Co, China's largest express delivery company, soared by 10 percent daily limit for a third time in five trading days since its debut, making it the most valuable company in Shenzhen ...

Leng Cheng | February 27, 2017, Monday


New home sales rose in Shanghai on basic demand for housing

New home sales rose in Shanghai on basic demand for housing

SEVEN-DAY sales of new homes rose for the third straight week in Shanghai amid robust buying momentum in the medium- to low-end segment, latest market data suggest. The area of new residential properties ...

Cherry Cao | February 27, 2017, Monday


Shanghai aims to lead blockchain research and regulation

Shanghai aims to lead blockchain research and regulation

SHANGHAI will make efforts on research and rules-making of blockchain, a key technology powering virtual currency bitcoin, and try to be a leader in the sector, head of the Shanghai financial regulator ...

Leng Cheng | February 27, 2017, Monday


ZTE unveils world’s 1st 5G smartphone

ZTE unveils world’s 1st 5G smartphone

CHINESE telecom giant ZTE unveiled yesterday what it said is the world’s first smartphone compatible with the lightning-fast 5G mobile Internet service that networks expect to have up and running by 2020. The ...

February 27, 2017, Monday


 

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