Chinese New Year to glow with spending boom, incentives
China's retail market is warming up ahead of an anticipated spending boom during the Chinese Lunar New Year two weeks away, with online and offline players vying for a larger consumer share amid a climax of festivity and pro-consumption policies.
Macro
Major projects witness China's high-quality development
Over the past year, a group of cross-regional projects has witnessed China's pursuit of high-quality development through optimizing water resources, boosting sustainable development and improving people's lives.
Financials
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China opens oil, gas exploration market to private, foreign firms
China will fully open up its market for oil and gas exploration and production to private and foreign companies, the Ministry of Natural Resources said Thursday.
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Shanghai attracts record foreign capital in 2019
Foreign capital in Shanghai achieved a new high last year in the city's history -- 19.05 billion U.S. dollars, up 10.1 percent year on year.
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Companies
Chinese TV maker Konka to open new branch in U.S.
The Konka Group, a major TV maker in China, has said it plans to establish a branch company this year in the United States in a bid to further tap the North American market.
Geely, Mercedes-Benz establish joint venture in east China
China's Zhejiang Geely Holding Group and German carmaker Mercedes-Benz announced Wednesday the establishment of a joint venture to operate and develop the Smart brand globally.
China's Hongqi to launch 21 new car models in five years
China's leading automaker FAW Group said that 21 new models will be launched in the next five years under its iconic brand Hongqi, with annual sales expected to exceed 600,000 units by 2025.
