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What is the impact of coronavirus outbreak on China's economy?

The World Health Organization (WHO) announced Thursday that it was "too early" to declare the outbreak of the novel coronavirus in China a public health emergency of in

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LumApps raises $70M Series C led by Goldman Sachs

LumApps, the cloud-based social intranet for the enterprise, has closed $70 million in Series C funding. Leading the round is Goldman Sachs Growth, with participation f

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HKSAR gov't assists record number of companies setting up in Hong Kong

China's Hong Kong Special Administrative Region (HKSAR) government's investment promotion department said on Tuesday that it has assisted 487 overseas and Mainland com

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China's auto market to bottom out this year and next

China's auto market will likely bottom out this year and next, after posting sales declines for two consecutive years, a senior official said Monday. Both car sales an

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China's industrial economy to expand steadily in 2020

China's industrial economy will continue to expand steadily in 2020 despite downward pressures, a senior official said Monday. China boasts a complete industrial syste

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Hong Kong airport registers decline in passenger, cargo volume in restless 2019

The passenger volume and cargo throughput the Hong Kong International Airport (HKIA) handled in 2019 decreased by 4.2 percent and 6.1 percent respectively compared wit

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Travel trends during China's 2020 Spring Festival holiday

Some 450 million domestic trips are expected during the Spring Festival holiday in China, up 7.6 percent year-on-year, according to Ctrip, China's leading online travel

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Commentary: May "China collapse" theories rest in peace

RIP, "China collapse" theories! BEIJING, Jan. 18 (Xinhua) -- Since the very beginning, the steadily expanding Chinese economy has always enjoyed the company of both wil

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More trains added on Beijing-Zhangjiakou high-speed rail to meet demand

Three more pairs of trains were added Friday to the high-speed railway line connecting Beijing and Zhangjiakou, the co-host city of the Beijing 2022 Winter Olympics, t

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Crunching numbers: Phase 1 trade deal eases slowing chemical industry

In a landmark move in the future China-U.S. relations, the phase one economic and trade deal was signed on January 15 in Washington. Chinese Vice Premier Liu He and U.S

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Hong Kong's total visitor arrivals in 2019 declines by 14.2 percent

Hong Kong's full-year provisional visitor arrivals in 2019 amounted to 55.9 million and recorded a year-on-year decrease of 14.2 percent, the Hong Kong Tourism Board (

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Mainland to continuously promote cross-Strait exchanges in 2020: spokesperson

The Chinese mainland will continuously promote cross-Strait exchanges in various fields, seek positive outcomes and solve difficulties of Taiwan compatriots in 2020, a

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China Focus: Economic powerhouse Guangdong seeks innovative, high-quality development

South China's Guangdong Province, one of the country's economic powerhouses, estimated its GDP rose around 6.3 percent to surpass 10.5 trillion yuan (around 1.52 trill

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China captures 163,000 telecom, Internet fraud suspects in 2019

Chinese police cracked 200,000 telecom and Internet fraud cases and captured 163,000 suspects in 2019, Tuesday's China Police Daily reported. The figures marked a year

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ASEAN rises to be China's 2nd biggest trading partner

The Association of Southeast Asian Nations (ASEAN) has overtaken the United States to become China's second largest trading partner in 2019, official data showed Tuesd

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China has 39 mega airports with passenger throughput over 10 million

China had 39 mega civil airports each with annual passenger throughput exceeding the 10-million mark in 2019, according to civil aviation authorities. The total sum of

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China's auto sales down 8.2 pct in 2019

China's auto sales continued to decline last year as demand retreated in the world's biggest auto market, data from an industry association showed Monday. About 25.77