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China's artificial intelligence (AI) market soared 58.7 percent year on year to 2.09 billion U.S. dollars last year, according to an industrial report.
The U.S. Federal Reserve (Fed) on Friday warned of significant vulnerabilities in the financial sector as the COVID-19 pandemic continues to sweep the nation.
The Ministry of Industry and Information Technology (MIIT) has unveiled a guideline on expediting the development of the industrial big data sector to promote the country's high-quality development.
The average salary of China's urban employees reported robust growth in 2019 thanks to the country's steady economic operation last year, official data showed Friday.
The Chinese mainland on Friday issued a circular requiring coordinated efforts to support the development of Taiwan-funded enterprises and advance Taiwan-funded projects amid the coronavirus epidemic.
U.S. fast-food chain Popeyes opened its first flagship restaurant on the Chinese mainland on Friday, sticking to its expansion plans in China despite the COVID-19 outbreak.
China's value-added industrial output, an important economic indicator, returned to growth in April as factory activities gradually recovered amid easing containment measures against the novel coronavirus, official data showed Friday.
The vitality of the Chinese economy continued to recover from the COVID-19 impact last month, with major economic indicators improving, the National Bureau of Statistics said on Friday.
Sinopec Lubricant launched a public welfare drive in late March to offer free engine oil to doctors and nurses nationwide that had devoted their efforts in Hubei.Following the four meltblown nonwoven fabric production lines entering operation at Sinopec Yanshan Petrochemical Co, Sinopec's total daily production capacity for meltblown nonwovens totaled 24 tons.
The Legislative Council of the Hong Kong Special Administrative Region (HKSAR) on Thursday passed the appropriation bill of the 2020-21 Budget that contains various relief measures to help businesses and residents weather through economic hardship.
The global economy could suffer between 5.8 trillion U.S. dollars and 8.8 trillion U.S. dollars in losses -- equivalent to 6.4 percent to 9.7 percent of global gross domestic product (GDP) -- as a result of COVID-19 pandemic, said a new report released by the Asian Development Bank (ADB) on Friday.
China's job market remained generally stable in April, with the surveyed unemployment rate in urban areas standing at 6 percent, 0.1 percentage points higher than that in March, the National Bureau of Statistics (NBS) said Friday.
China's fixed-asset investment declined 10.3 percent year on year to 13.68 trillion yuan (about 1.93 trillion U.S. dollars) in the first four months of 2020, the National Bureau of Statistics said Friday.
China's investment in property development went down 3.3 percent year on year in the first four months of this year, narrowing from the 7.7-percent decline in the first quarter, the National Bureau of Statistics said Friday.
The New York Stock Exchange (NYSE) has planned to partially reopen its trading floor later this month, which was closed in late March due to the COVID-19 pandemic.
China's construction machinery sector is expected to see a 3-percent increase in revenue this year on the back of the growing number of infrastructure projects being undertaken by local governments and sustained efforts by companies to boost demand for next-generation products, industry experts said.
The eyewear industry in the city traces its origin to the 1960s and employs 50,000 people spread across 1,600 companies. In 2019, total output value of the city's eyewear industry was 15 billion yuan ($2.1 billion).
The United Kingdom government could be on collision course with some of its own members of Parliament after suggesting it may reduce tariffs on agricultural imports from the United States to secure a wider post-Brexit trade deal.
The Hubei government on Thursday introduced 30 new measures to optimize the region's business environment as part of its ongoing efforts to bolster economic and social development in the epidemic-hit region.
China has seen a continuous increase of commercialization and transformation of scientific achievements, with trading contracts reaching a record high last year, a recent report shows.
China is likely to come up with a fiscal stimulus package during the upcoming annual meeting of the country's top legislature, including raising fiscal deficit and expanding government debt, to contain the economic impact of COVID-19 epidemic and accelerate recovery, according to officials and experts.
Tesla plans to expand the coverage of its V3 supercharging piles in the second half of this year, and newly set up 4,000 supercharging piles in China (including V3 and V2 supercharging piles) by the end of this year.
Tokyo stocks declined Thursday morning as optimism over Japan's plans to partially end the state of emergency over the coronavirus pandemic was dashed by the U.S. Federal Reserve warning overnight the economic situation in the United States could worsen as the pandemic continues.
China's insurance companies saw falling profit in the first quarter as the novel coronavirus outbreak hurt businesses and investment returns, but the market remained stable as insurers took a string of efforts to mitigate the impacts of the epidemic.
An association of Chinese enterprises operating in the United States made a large donation of personal protective equipment (PPE) to San Francisco on Tuesday.
China's top economic planner announced on Wednesday that it will take actions to fuel the transformation of small and medium-sized enterprises (SMEs) toward digitalization, as part of efforts to tide them over the tough time.
State-owned defense giant Aviation Industry Corp of China announced recently that it has received the first export order for its FTC-2000G multirole combat aircraft and the same will be delivered next year.
China's waste-to-power sector is set to see further growth with more financial incentives offered by the government, experts said.
China has been simplifying applications for domestic and international cargo air routes to enhance the country's airfreight capacity and boost its global competitiveness.
Stellar results achieved during the first few days of May 5 Shopping Festival have provided confidence to the municipal government and retailers in Shanghai to advance the consumption campaign, further boosting market confidence and economic growth.
