China's industrial profits maintain rapid growth in first four months
Profits of China's major industrial companies saw accelerated growth in the first four months of this year as the country's economic recovery is further consolidated, official data showed on Thursday.
Macro
China to bolster support for small firms, self-employed individuals
China will extend more support to micro and small enterprises and self-employed individuals to help them overcome difficulties and grow their businesses, the State Council's executive meeting chaired by Premier Li Keqiang decided on Wednesday.
Financials
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China to relax foreign investment rules amid further opening up
China will relax rules for foreign investment, increasing its market appeal to global investors and signaling its determination to deepen opening up.
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Efforts underway to curb China's commodity price hikes
Faced with recent price hikes in bulk commodities, China is ratcheting up regulatory efforts to fend off rising raw material costs and stabilize the market.
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Companies
China's Huawei to launch HarmonyOS for smartphones
Chinese telecom giant Huawei will officially launch its new operating system HarmonyOS for smartphones on June 2, the company said Tuesday.
Apple's China data center starts operation
Apple Inc. has officially put its first Chinese data center in the southwestern province of Guizhou into operation this week, local authorities said on Thursday.
Pinduoduo's revenue surges in Q1
The Nasdaq-listed Chinese e-commerce platform Pinduoduo Inc. posted 239-percent year-on-year revenue growth in the first quarter of this year.
