China says macroeconomy resilient against COVID-19 shock, risks in check
The Chinese economy will continue to demonstrate strong resilience against the global economic shock triggered by the COVID-19 pandemic, and its financial system is sturdy enough to fend off risks that emerge.
Macro
China's financial opening runs at full tilt despite the bite of epidemic
China's financial opening has been firm and steady despite the growing financial risks amid the global outbreak of the novel coronavirus.
Financials
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China's March manufacturing PMI rebounds as COVID-19 situation eases
The PMI for China's manufacturing sector firmed up to 52 in March from 35.7 in February, according to the National Bureau of Statistics.
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China to bail out film industry amid epidemic
China will introduce relief measures to boost development of film industry, which has been affected by novel coronavirus disease outbreak.
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Companies
Huawei reports 19-pct revenue growth in 2019
Chinese tech giant Huawei's sales revenue in 2019 rose 19.1 percent year on year to 858.8 billion yuan.
Meituan Dianping reports strong 2019 revenue growth
China's service-focused e-commerce giant Meituan Dianping reported soaring revenue increase last year, backed by growth in key business areas such as food delivery, in-store purchases, hotels and travel.
BYD net profit down 42 pct in 2019
China's leading new energy vehicle (NEV) manufacturer BYD said its net profit fell 42 percent year on year in 2019 on falling sales and scaled-back subsidies.
