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Chinese high-speed railway giant remains profitable in Q1

VCG Beijing-Shanghai High Speed Railway Co. Ltd., the operator of one of the country's most lucrative railway lines, remained profitable in the first quarter of this year despite the COVID-19

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Beijing begins mandatory garbage sorting

Beijing on Friday began to carry out mandatory garbage sorting in new efforts to protect the environment. With the city's newly revised household waste regulation taki

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Online fair between China, Latin America sees 8 mln USD in trade volume

A 15-day online trade fair to promote cooperation between Chinese and Latin American businesses saw about 8.02 million U.S. dollars in trade volume. The intended turnover stood at 48.24 million U.S

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China takes measures to boost auto sales, extends NEVs subsidies

The Hefei plant of Changan Automobile in the High-tech Industry Development Zone of Hefei City, east China's Anhui Province, February 26, 2020. /Xinhua The Chinese authorities unveiled a slew

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Chinese brands capture 61% of global 5G smartphone shipments in Q1

VCG Chinese brands accounted for about 61 percent of global 5G smartphone shipments in the first quarter this year, with Huawei's market share approaching Samsung, according to Strategy Analy

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China's used car dealer Uxin reports robust transaction volume

Uxin Limited (“Uxin” ) , a leading online used car dealer in China,Monday announced its unaudited financial results for the fourth quarter and full year ended December 31, 2019. 2C transactio

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Tracing COVID-19 "patient zero" is a challenging task: Chinese experts

China is making efforts to trace COVID-19 "patient zero," which remains a challenging scientific issue, Chinese experts said Monday. It's challenging to trace COVID-19

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My experience with the CARES Act was frustrating, confusing and unfair

As a small business owner, I was excited to learn about the $2.2 trillion Coronavirus Aid, Relief, and Economic Security Act that offers low-interest loans to firms impacted by the COVID-19 pandemic.

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Shanghai to hold shopping festival to stimulate consumption

Shanghai will hold a months-long shopping festival to stimulate consumption and reduce the economic impact of the COVID-19 epidemic, local authorities said Thursday.The shopping festival, which wi

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China, Russia trade up by 3.4 pct year-on-year in Q1 despite pandemic

Manzhouli, a border city with Russia, north China's Inner Mongolia Autonomous Region. /VCGThe trade volume between China and Russia rose 3.4 percent year-on-year in the

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China's trade with Russia expands by 3.4 pct in Q1

China's trade with Russia expanded by 3.4 percent year on year in the first quarter (Q1) of this year, the Ministry of Commerce said Thursday. Trade volume between the two countries stood at 25.35

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BMW China CEO says to ramp up investment in China

02:46 The COVID-19 pandemic has had a detrimental impact on the global supply chain. This also affects German automaker BMW and its business in China. The auto company had to close its

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Shanghai's e-commerce trading volume surges 19.1 pct in Q1

The volume of e-commerce trading in Shanghai reached 134.3 billion yuan (18.94 billion U.S. dollars) in the first quarter, up 19.1 percent compared with the same perio

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University of Oxford coronavirus vaccine trial aims to have 500 people in testing by mid-May

One of the largest COVID-19 vaccine trials currently underway will have over 500 volunteers actively testing its solution by the middle of next month. Researchers at the University of Oxford have alre

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COVID-19 impact on China's property market is limited

02:18 Spring is blossoming in Beijing, and people are gradually returning to work – the city is almost back to normal. But the impact of months of containment measures still remains.In

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China's Sichuan posts 10.7 pct increase in foreign trade in Q1

The foreign trade volume of southwest China's Sichuan Province rose 10.7 percent to 159.04 billion yuan (about 22.49 billion U.S. dollars) in the first quarter of the

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FDA authorizes production of a new ventilator that costs up to 25x less than existing devices

The U.S. Food and Drug Administration (FDA) has authorized the manufacture of the Coventor ventilator, a new hardware design first developed by the University of Minnesota. The project sought to crea