Home> Business

SOEs face 'red line' on investment

China will draw a "red line" that forbids its 102 major State-owned enterprises from investing overseas in real estate, iron ore, petroleum and nonferrous metal, the country's top State-owned assets regulator said on Wednesday.

Rising frictions over distribution of trade dividends

A participant and a major beneficiary of globalization, it is now the leading advocate of sustainable economic globalization.

Travel agents see clear opportunity in hazy cities

It is a family tradition for 50-year-old Beijing resident Wang Jianying and her family to travel to Sanya in southern China's Hainan province every Spring Festival for the warm and pleasant weather, but this year there is a new factor: heavy smog in the north.

China's Haier profit rises 12.8% in 2016

China's leading home appliance maker Haier announced Saturday that its profits in 2016 jumped 12.8 percent year-on-year to 20.3 billion yuan ($2.94 billion).

Stand-out beer brand, from China

Tsingtao quenches world's thirst, eyes global middle and high-end market.

Chinese TV brands lead world

Chinese brands of televisions accounted for 30 percent of the global market in 2016, an increase of 3.2 percent year-on-year.

Qingdao is recruiting high-end talent in marine sectors

Qingdao, a coastal city in East China's Shandong province, is recruiting high-end talent worldwide to further boost its marine sectors.

Subsidy car boom to slow

China's passenger vehicle sales last year saw their fastest growth since 2013, but analysts said the momentum will not continue this year.