Some economists with a pessimistic attitude toward China's consumer confidence believe the trade war panic and China's economic slowdown are factors behind the success of e-commerce site Pinduoduo and the popularity of low-price products. Pinduoduo i...
President Xi Jinping has announced plans to promote e-commerce cooperation with Africa. With more e-commerce business developed between China and Africa, there are calls from both sides for more technological and economic exchanges. Mobile payment, o...
More than 700 enterprises from China and across Eurasia are taking part in the 6th China-Eurasia Expo that has opened in Xinjiang. At Nala Dairy's booth at the trade expo, a variety of goat and camel milk products are on display. Ilmizat is an employ...
US trade entities express frustration over new tariffs on Chinese goods US business and trade groups are expressing their frustration over the latest round of proposed tariffs on Chinese goods. They are voicing their concerns at public hearings in th...
Friday has marked the first anniversary of the opening of the first direct Chinese air-postal route linking the eastern province of Zhejiang with Russia. The logistics link - which is helping feed the growing e-commerce ties between China and Russia...
Statistics from the World Bank show that, completing 26 business regulation reforms in the past 15 years, China ranks No. 3 in the East Asia and Pacific region in its efforts to improve the domestic business environment. The country is only surpassed...
In its latest annual assessment of the Chinese economy, the International Monetary Fund (IMF) is suggesting the Chinese economy remains robust, despite external trade tensions. The IMF says the Chinese economy continue to perform strongly with growth...
In the city of Luzhou in Sichuan, at the confluence of Yangtze and Tuo Rivers, is one of the core areas of Chinese alcohol industry. Over 200 liquor products from Luzhou are listed as national and provincial-level products, with many of the producers...
Wanxiang Group, a major automotive component manufacturer in Zhejiang Province, is transitioning into an international clean energy company. Founded in 1969, the Wanxiang Group in east China's Zhejiang Province has successfully transformed itself fro...
Statistics show China's economy extended a steady expansion in the first half of the year, well above the government's annual growth target. China's gross domestic product (GDP) expanded 6.8% during the first half of 2018 to 41.8961 trillion yuan, or...
This year marks the 15th anniversary of the establishment of the China-EU comprehensive strategic cooperation partnership. It's also the 20th anniversary since the start of formal dialogue between the leadership of the two sides. Cooperation between...
As smartphone maker Xiaomi prepares for its initial public offering in Hong Kong, the company has now surpassed Samsung in the Indian market to become the market leader for smartphones in the country. At this mobile phone store in Mumbai, Xiaomi smar...
Observers in the United States are warning that additional tariffs imposed by the U.S. on Chinese products could put its own companies at risk. US tariffs on 34 billion U.S. dollars' worth of Chinese imports took effect last Friday, targeting product...
New analysis is suggesting more and more Chinese startups are taking hold in California's Silicon Valley with the hope of reaping benefits in both the Chinese and US markets. Bill Shao is working for a Chinese company, e-commerce giant Suning, in its...
New steps are being taken in China to open up this country's service sector to more investment through new reform projects. China's State Council has approved a plan proposed by the Ministry of Commerce to deepen pilot projects for the innovative dev...