China Bolsters Energy Security with First Yamal LNG Imports Amid Domestic Gas Shortage

China has significantly strengthened its energy security with the commencement of natural gas imports from the colossal Yamal liquefied natural gas (LNG) project in the resource-rich Arctic region of Russia,…

People’s Bank of China Injects Net 20 Billion Yuan to Ease Liquidity Strain, Affirming Prudent Monetary Policy Amid Deleveraging Push

BEIJING – The People’s Bank of China (PBOC), the nation’s central bank, on Monday executed a net injection of 20 billion yuan (approximately $3.02 billion USD) into the financial system…

Science and Technology Week in South China Sees Deals Worth Millions of Yuan

Dongguan, Guangdong province – The recently concluded China (Dongguan) International Science and Technology Cooperation Week generated nearly 500 million yuan ($75.6 million) in science and technology transactions, marking a significant…

BASF Accelerates Strategic Investments in China Amid Robust Automotive and Chemical Market Growth

Driven by the compelling growth prospects within China’s automotive and chemical production sectors, German chemical giant BASF SE has significantly escalated its investment footprint in the nation, underscoring a long-term…

China Anticipates 6.5 Percent GDP Growth Target for 2018 Amid Pivotal Shift Towards High-Quality Economic Development

China’s economic policymakers were widely expected to set the Gross Domestic Product (GDP) growth target for 2018 at approximately 6.5 percent, signaling a determined strategic pivot from a long-standing emphasis…

Yangshan Deep-Water Port’s Fourth Phase, World’s Largest Unmanned Container Terminal, Officially Operational

Shanghai, China – The fourth phase of the Yangshan Deep-Water Port, heralded as the world’s largest unmanned container terminal, commenced official operations on Sunday, marking a monumental leap in global…

Xi’an Establishes Major Silicon Industry Base with Over $1.5 Billion Investment, Aiming to Revolutionize China’s Semiconductor Supply Chain

In a significant move poised to reshape China’s high-tech manufacturing landscape and bolster its semiconductor independence, a landmark signing ceremony was held on December 9 in the national Xi’an High-Tech…

Chinese Big Data Giants Seek UK Tech for Domestic Market Upscaling Amidst "Golden Era" Collaboration

A contingent of approximately 15 prominent Chinese big-data enterprises embarked on a weeklong strategic visit to the United Kingdom, commencing on Monday, with the explicit aim of identifying and securing…

Couriers Ranked Loneliest Occupation in China Amidst Booming Gig Economy, Survey Reveals Deep-Seated Social Challenges

A comprehensive survey conducted by 58.com, a prominent online marketplace and classifieds platform in China, has revealed that couriers, the backbone of the nation’s burgeoning delivery services industry, perceive their…

Hong Kong Cedes Top IPO Venue Title in 2017 Amid Global Market Shifts and Emergence of "New Economy" Listings

After two consecutive years of commanding the global initial public offering (IPO) landscape, Hong Kong is poised to relinquish its coveted position as the world’s leading destination for new share…