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April 30, 2017

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China > Business
After SOEs, private sector makes a beeline for Xiongan
The proposal to set up the Xiongan New Area is attracting not only State-owned enterprises but the private sector, including startups, entrepreneurs and even fresh graduates from across China.
 
Many countries have shown a keen interest in China National Nuclear Corporation's cutting-edge third-generation ACP100 nuclear reactor, the company revealed on Thursday.
 
China, Russia to develop new jet
Domestic aircraft manufacturer Commercial Aircraft Corp of China said on Thursday that it has started work to develop a wide-body commercial jet with Russia, and the passenger plane is expected to be delivered within 10 years.
 
China's trade with economies along the Belt and Road Initiative posted double-digital growth year-on-year in the first quarter of the year, the Ministry of Commerce said on Thursday.
 
Steelmakers continue capacity cuts
China's steelmakers need to press ahead with capacity cutting and deleveraging, despite the sector's strong performance in the first quarter of the year, an expert said.
 
Mobile apps for singing tap offline KTV for more users
In line with the popular online-to-offline mode adopted by many businesses, the mobile music industry wants online singing platforms to present services like bricks-and-mortar mini KTV bars as they strive to attract more users and seek new selling points.
 
Companies are finding it easier and more convenient to conduct trade in Shenzhen's Qianhai & Shekou Free Trade Area, but more effort is needed to make the region a core pivot of the Guangdong-Hong Kong-Macao Greater Bay Area, according to a research report.
 
Nontoxic colorant from rare earths is expected to be put into full production in the current year in Baotou, the biggest city in the Inner Mongolia autonomous region, following a decision by the local government to upgrade the rare earths industry to value-added processes against previously mining the raw materials.
 
Pivot in go-west campaign
In this third part of the special series on the new free trade zones being set up across China, we look at the three projects coming up in Chongqing, Sichuan and Xi'an. The FTZs enjoy preferential policies, more favorable taxes ...
 
Dubai cashes in on Belt & Road
Dubai's Multi Commodities Center, the largest free trade zone in the United Arab Emirates, has seen a strong surge in the number of Chinese companies as the Belt and Road Initiative drives new business opportunities.
 
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