People visit the China International Digital Economy Expo (CIDEE) in Shijiazhuang, north China’s Hebei Province, Oct. 11, 2019. (Xinhua/Wang Xiao) About 51.3 percent of China’s GDP would be digitalization-related by 2023 as the country’s enterprises step up digitalizing their businesses, global market intelligence firm IDC predicted. The research firm estimated that by 2025, at least …
The trade war triggered by US tariffs has invited retaliatory levies by China. Soybean is a commodity China imports in large quantities from the US. Photo: VCG Americans for Free Trade, a coalition of more than 150 associations united against tariffs, on Wednesday urged U.S. President Donald Trump to reach a “phase one” deal …
A woman walks past a store’s showcase in the city of Sao Paulo, Brazil, on Aug. 12, 2015. (Xinhua/Rahel Patrasso) Brazil’s retail sales, an engine of economic growth, rose 0.1 percent in October compared to the previous month, marking six months in a row of increases, the state statistics agency IBGE reported on Wednesday. Compared …
Photo:Xinhua Stakes are high as skittish global investors watch closely whether or not US President Donald Trump will decide to stop a fresh batch of tariffs on billions of dollars worth of Chinese goods planned for December 15 – a decision Chinese analysts say could impact ongoing trade talks for a phase one deal, as …
Workers assemble subway trains for the Orange Line Metro of Pakistan’s Lahore on the production line at a plant in Zhuzhou, Central China’s Hunan Province. File photo: IC Chinese expertise on public transportation will help Pakistan to better address its growing demand for public transportation, as the country tested its first-ever mass rapid transit …
Compared with when it returned to China in 1999, the Macao SAR now enjoys stable social order, booming investment and trade, and more ambition to enhance its competitiveness in the financial sector. Despite the unlikelihood that Macao will compete with its neighboring financial hub Hong Kong, the city is now fired up to play a …
Macao city skyline with color buildings Photo: Chen Qingqing/GT Graphics: GT Graphics: GT Graphics: GT Macao aims to play a more active role in the integration of the Guangdong-Hong Kong-Macao Greater Bay Area and explore markets along the routes of the China-proposed Belt and Road Initiative (BRI) to diversify its economy and reduce …
Graphics: GT Macao has no intention of competing with Hong Kong, said government officials, as Macao reveals its ambitions to develop offshore yuan business. Such ambitions, in a city whose economy has been dominated by gambling for years, has triggered heated discussion and led to divided opinion among economists. Some are optimistic that the former …
A man rides a bike past the National Development and Reform Commission in Beijing. Photo: VCG Companies from the island of Taiwan are being encouraged to participate in projects involving major technological equipment, industrial innovation centers and other activities under equal treatment in the Chinese mainland, which could facilitate their technological innovation and quality development, …
Chinese and US flags. Photo: VCG US software development platform GitHub plans to set up a subsidiary in China to continue serving Chinese developers amid tightening US export controls. Analysts said China is a market US technology companies can’t lose and the move is a response to the uncertainty caused by the China-US trade war. …