Business & Commerce
Global luxury brands are poised to unlock fresh business growth points and tap into the vast Chinese consumer market, as China's economy is showing a faster-than-expected recovery."2023 is a year full of hope after the peak of COVID in China and all the measures are in place to relaunch the...
World
Over 26,000 people have perished or gone missing while crossing the Mediterranean since 2014, the United Nations human rights office said on Thursday.It added that of them, more than 20,000 have died on the central Mediterranean route, which is considered one of the world's deadliest migration r...
World,Front Page
At least 11 people were killed and more than 10 others injured in a stampede during ration distribution in Pakistan's southern port city of Karachi of Sindh province on Friday, police and rescue officials said.Hundreds of people had gathered at a congested place outside a private factory to coll...
Chinese tech giant Huawei held its first Telecom Congress in Botswana from Tuesday to Friday, launching a series of network and data center solutions.The four-day event drew more than 400 representatives from the government, telecom operators, enterprises, and universities to experience the latest i...
The China National Offshore Oil Corporation (CNOOC) announced that it discovered approximately 300 million tonnes of crude oil and natural gas reserves in China's Bohai Sea in 2022.The major reason for this record high is the discovery of two oil fields last year, namely Bozhong 19-2 and Bozhong...
China's progressive economic performance since the beginning of 2023 is a welcome development for the world and is positive for global growth, said a senior business professional attending the ongoing Boao Forum for Asia annual conference."Chinese economic data is definitely looking better ...
European aircraft manufacturer Airbus started delivering A321neo aircraft assembled at its Final Assembly Line Asia (FALA) facility in north China's Tianjin Friday.The first China-assembled A321neo aircraft was delivered to Shanghai-based Juneyao Air."The newly delivered A321neo aircraft is...
Oil prices declined on Thursday, snapping a three-day winning streak.The West Texas Intermediate for May delivery dropped 94 cents, or 1.33 percent, to settle at 69.96 U.S. dollars a barrel on the New York Mercantile Exchange. Brent crude for May delivery lost 78 cents, or 1.02 percent, to close at ...
The China Development Forum (CDF) 2023 will take place offline at the Diaoyutai State Guesthouse in Beijing from March 25 to March 27.Themed "Economic Recovery: Opportunities and Cooperation," this year's CDF will focus on opportunities in the Chinese market, stabilization of global in...
World,Back Page
More than 600 new Australian species were discovered last year, government data has revealed.According to the latest Australian Biological Resources Study (ABRS), which was published by the Department of Climate Change, Energy, the Environment and Water on Monday, scientists named 626 new native spe...
China will cut the retail prices of gasoline and diesel from Saturday, based on the recent changes in international oil prices, the country's top economic planner said Friday.Gasoline and diesel prices will dip by 100 yuan (about 14.48 U.S. dollars) per tonne and 95 yuan per tonne, respectively,...
About five months after his election as general secretary of the Communist Party of China (CPC) Central Committee, Xi Jinping won his third term as Chinese president at the annual session of the national legislature, which concluded on Monday.At the first session of the 14th National People'...
China will continue to pursue an employment-first strategy and increase government support to boost job creation, Premier Li Qiang said Monday.In particular, support will be heightened in terms of employment services and technical training, while multiple steps will be taken to stabilize and expand ...
For Luca Pozzi, general manager of Manuli Hydraulics (Suzhou) Co., Ltd., the Chinese market is the largest in the world and its potential remains enormous, so he has never lost confidence in expanding the Italian firm's presence in China."Of course, the environment will be more competitive,...
Jinping was unanimously elected Chinese president on Friday at the ongoing session of China's national legislature, leading the country of 1.4 billion people onto a new journey toward modernization.He was also elected chairman of the Central Military Commission (CMC) of the People's Republic...
Oil prices declined on Thursday, notching a three-day losing streak, as traders focused on recession risks.The West Texas Intermediate for April delivery dropped 94 cents, or 1.23 percent, to settle at 75.72 U.S. dollars a barrel on the New York Mercantile Exchange. Brent crude for May delivery lost...
Ukrainian President Volodymyr Zelensky and visiting United Nations (UN) Secretary-General Antonio Guterres on Wednesday called for the extension of the Black Sea Grain Initiative, which expires on March 18, the Interfax-Ukraine news agency reported. Speaking after a meeting with Guterres in Kie...
China has established more than 42,000 national standards by the end of 2022, data from the State Administration for Market Regulation showed.The country has made continuous efforts to improve its standardization system over the years.By the end of 2022, more than 78,000 industry standards, more tha...
Deaths related to COVID-19 in the United States have lowered the country's life expectancy at birth by 3.08 years, according to a study published by the online journal Scientific Reports on Wednesday.Noting that 1 million Americans have died of COVID-19 between February 2020 and May 2022, the st...
China's state-owned enterprises (SOEs), the country's economic backbone, have made significant progress in the past decade, with historic breakthroughs achieved in key areas to boost economic development."The quality and efficiency of centrally administered SOEs have improved comprehens...
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