Stable factory, service activities point to resilient economy

Stable factory, service activities point to resilient economy

The steady expansion of China's factory and service activities in April confirmed sustained momentum in the wider economy.

Macro

China mulls further opening up financial markets

China mulls further opening up financial markets

China plans to unveil a slew of new measures to further open up its financial markets in order to improve the sector's management and competitiveness, according to the country's top banking and insurance regulator.

Industries

Companies

China Railway Corporation 2018 net profit reaches new high

China Railway Corporation 2018 net profit reaches new high

China Railway Corporation (CRC), the country's top railway operator, saw its net profit reach a record high last year, the company said in a report.

China Internet companies see revenues up 17.3 pct in Q1

China Internet companies see revenues up 17.3 pct in Q1

China's Internet companies saw combined revenues up 17.3 percent year-on-year during the first quarter of 2019, the Ministry of Industry and Information Technology said Sunday.

ZTE net profit soars in Q1

ZTE net profit soars in Q1

Chinese telecommunications company ZTE reported a net profit growth of 115.95 percent in the first quarter of 2019, the company said Monday in a filing to the Shenzhen Stock Exchange.

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