Government News
Postal Savings Bank of China Hikes Net Profit by 15% in First Half With Added Credit - August 24, 2022
Postal Savings Bank of China, which has fulfilled 70 percent of its 2022 loan quota, boosted its revenue and net profit in the first half by issuing more credit.
China Mobile leads strong domestic offerings - August 21, 2022
China's initial public offerings in the technology, media and telecommunications (TMT) Industry were active in the first half of 2022, with the domestic STAR and ChiNext markets attractive for tech-strong startups.
Tesla shortens delivery waiting time for Model Y in China to 4-8 weeks - August 19, 2022
Tesla has shortened the delivery waiting time for the Model Y in China to four to eight weeks, it said on its Chinese website.
Tencent Gains After Vowing Return to Growth as Quarterly Sales Fall for First Time - August 19, 2022
Shares of Tencent Holdings, China's most valuable company, rose after the internet and gaming giant promised a return to revenue growth in the wake of its first decline in quarterly sales.
Two Cities Near Shanghai Lift Curbs on Migrants Buying First Homes - August 19, 2022
Kunshan and Taicang, two county-level cities near Shanghai, have lifted restrictions on home purchases by migrants in a bid to revive their real estate markets.
BRI Report Highlights China-Europe Rail Freight Achievements - August 19, 2022
By the end of last month, China-Europe freight trains had made over 57,000 trips since the service began in March 2011, carrying 5.3 million twenty-foot equivalent unit containers, a report showed.
NEV boom creates growing demand for special tires - August 17, 2022
Production of special tires for new-energy vehicles is becoming a key emerging industry with the the growing popularity of NEVs.
China's Summer Box Office Takings Top USD1.1 Billion so Far - August 17, 2022
China's Summer Box Office Takings Top USD1.1 Billion so FarChina's cinema ticket sales in the summer season, which stretches from June 1 to Aug. 31, have reached CNY7.7 billion (USD1.1 billion) as of
China's market regulator announces new blind box product guidelines - August 17, 2022
China's top market regulator stipulated that businesses shall not sell blind boxes to juveniles under 8 years old in a draft guideline to regulate the billion-dollar blind box sector.
Foxconn Says Little Impact Expected From Chengdu Plant’s Shutdown Due to Power Rationing - August 17, 2022
Hon Hai Precision Industry, better known as Foxconn, said a six-day halt at its plant in Chengdu as a result of power rationing due to extreme temperatures limiting Sichuan province's hydropower generation will have little impact on the world's biggest Apple supplier.
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