China makes greater efforts to better business environment

China makes greater efforts to better business environment

China will further improve its business environment by halving the time required to open a business and start construction projects, the State Council decided at an executive meeting chaired by Premier Li Keqiang on Wednesday.

Industries

China sees tourism boom during May Day holiday

China sees tourism boom during May Day holiday

China saw a tourism boom during the three-day May Day holiday, with tourism consumption becoming more diversified, official data showed Tuesday.

Trade

Companies

China Railway Corporation 2017 net profit nears five year high

China Railway Corporation 2017 net profit nears five year high

China Railway Corporation (CRC)'s net profit in 2017 neared a five-year high while its debt growth slowed.

Alibaba net income up 47 pct in last fiscal year

Alibaba net income up 47 pct in last fiscal year

China's e-commerce giant Alibaba said Friday that its net income for the fiscal year ending March 2018 rose 47 percent year-on-year to 64 billion yuan (10.2 billion U.S. dollars).

Xiaomi applies for IPO in Hong Kong with dual-class shareholding structure

Xiaomi applies for IPO in Hong Kong with dual-class shareholding structure

Chinese tech giant Xiaomi on Thursday officially submitted its IPO application to Hong Kong exchange with its dual-class shareholding structure.

010020070750000000000000011200000000000000