WINDHOEK,March29(Xinhua)--TheNamibianeconomycontractedby0.8percentin2017,comparedtoagrowthof0.7percentrecordedin2016,theNamibiaStatisticsAgencysaidonThursday.Th
Chinesee-commercegiantJD.complanstoinvestmorethan20billionyuan(3.1billionUSdollars)inthe"rustbelt"northeastChinaoverthenextthreeyears.Themove,whichechoesthecent
Chinawillstrengtheninnovationbydevelopinghigh-techindustrieswithmilitarytechnologiestoboostmilitary-civilintegration,amovethataimstocultivatenewgrowthdriversand
Around5.5%ofChina'slaborforceworksintherapidlyexpandingsharingeconomy,accordingtoareportfromthetopeconomicplanneronMonday.ThemarketvalueoftheInternet-basedshari
Sri Lanka on Monday defended a proposed Free Trade Agreement with China and insisted that it will not have a negative impact on local industries.
ByAPDWriterEaswaranRutnamSriLankaonMondaydefendedaproposedFreeTradeAgreementwithChinaandinsistedthatitwillnothaveanegativeimpactonlocalindustries.IndustryandCom
China aims to make breakthroughs in high value-added products like the next-generation numerical control machines, large passenger jets, sensors and industrial software, to improve its capability in key manufacturing technologies so as to compete with established global rivals, said senior officials on Friday.
Chinaaimstomakebreakthroughsinhighvalue-addedproductslikethenext-generationnumericalcontrolmachines,largepassengerjets,sensorsandindustrialsoftware,toimproveits
As many Chinese companies tackle excess capacity, one high-tech company in the southwestern city of Chongqing is facing the opposite problem.
China's Shanghai Composite Index has struggled around 2,800 points for the past two weeks, and a look beneath the surface at companies' performance sheets reveals the by-product of an uneven landscape.
Employees in the finance sector earned more money than those in other industries in 2015, according to the data released Friday by the National Bureau of Statistics (NBS).
The L-shaped economic trend in China will last for a certain period and will not end in just one or two years, indicated by an “authoritative figure” in an interview of the People’s Daily in May.
As overproducing and unprofitable businesses in the ship building, mining, steel and cement industries are forced to close or downsize, employees come to terms with the change and look toward the future. Xinhua News Agency and Du Juan report.
Redundancies are inherently painful for those losing their jobs, their families and society at large, but for industries weighed down by overcapacity, it is a transition that could not happen soon enough.
The performances of Chinese enterprises will diverge this year, depending on whether they are in traditional or emerging industries, according to a new report.
The greatest credit risk that Chinese banks faced in 2015 was related to the loans to industries mired in overcapacity, according to a survey released on Sunday.