ECONOMY

Xinhua Headlines: Xi urges new, greater progress in Beijing-Tianjin-Hebei coordinated development

Chinese President Xi Jinping has urged more efforts to achieve new, greater progress in the coordinated development of the Beijing-Tianjin-Hebei region.

Xinhua Headlines: Xi urges new, greater progress in Beijing-Tianjin-Hebei coordinated development

INDUSTRIES

China-Europe freight train services surge in 2018

China-Europe freight trains made 6,363 trips in 2018, surging 73 percent from 2017, according to the China Railway Corporation.

China-Europe freight train services surge in 2018

COMPANIES

Huawei to invest 100 bln USD in reconstructing network system

Chinese technology firm Huawei said on Thursday that it plans to invest 100 billion U.S. dollars to rebuild its network system in the next five years.

Huawei to invest 100 bln USD in reconstructing network system
  • Citroen, Peugeot vehicles recalled in China

    More than 9,300 vehicles under the Citroen and Peugeot brands will be recalled in China starting on Jan. 25, 2019 due to brake problems, according to China's market regulator.

  • China's motor firm launches regional operation center in Kenya

    Chinese automotive firm Beiqi Foton Motor on Friday launched an operation center in the Kenyan capital, Nairobi, to facilitate its expansion across the east African region where demand for trucks, pickup trucks and sports utility vehicles is growing.

MARKETS

Chinese banks' forex settlement deficit narrows in December

China's commercial banks reported a drop in their forex settlement deficit in December, official data showed.

Chinese banks' forex settlement deficit narrows in December

OPINIONS

JPMorgan: global M&A market will maintain robust growth in 2019

The U.S. investment banking giant JPMorgan Chase published its outlook for the development of the global M&A market in 2019 on Thursday, predicting that the market will maintain a strong growth momentum with Chinese enterprises expected to play a prominent role, the China Securities Journal reported.

JPMorgan: global M&A market will maintain robust growth in 2019