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ARTICLE China home to one-fifth of world's unicorn companies

BEIJING, June 27 (Xinhua) -- China's unicorn companies have expanded remarkably in the past five years, accounting for one-fifth of global unicorn companies in May this year, according to a report...

ARTICLE China to become world's largest smart home device market in 2024: report

BEIJING, April 18 (Xinhua) -- China will overtake the United States to become the world's largest market for smart home devices by the end of 2024, according to an industrial report. China'...

ARTICLE China's light industry reports profit growth in 2020

BEIJING, Feb. 21 (Xinhua) -- China's light industry registered higher profits but lower revenue in 2020 with the sector's production and operation gradually recovering, official data showed. ...

ARTICLE China's logistics activity expands in March

BEIJING, April 4 (Xinhua) -- China's logistics activity rebounded in March as the country's economic recovery has been gaining momentum, data from the China Federation of Logistics and Purchas...

ARTICLE China speeds up top-level design for carbon-neutral push

...BEIJING - China is accelerating the formulation of the top-level design and industry-specific policies to further clarify its roadmap towards carbon neutrality, the country's economic planner said...

ARTICLE China rolls out websites to improve services for small businesses

...Beijing, noting that the catering industry should be more alert to market trends to rise above COVID-19 pressures. China will unequivocally nurture individual businesses, said an official with the ...

ARTICLE Shake Shack to make South China debut next month

Iconic New York-style casual eatery has outperformed in Shanghai, Beijing Shake Shack Inc, New York's iconic casual dining establishment, is bullish on the Chinese market and plans to further i...

ARTICLE Didi starts car-hailing services in Russia

...Beijing, Shanghai, Shenzhen and Hangzhou, the capital of Zhejiang province. Sun Naiyue, an analyst at Beijing-based market research consultancy Analysys, said that Didi's edge lies in the 550 m...

ARTICLE Profits of China's state firms rise in Jan-Feb

BEIJING, March 29 (Xinhua) -- China's state-owned enterprises (SOEs) registered robust growth in the first two months despite low base effects, the Ministry of Finance (MOF) said on Monday. The...

ARTICLE China's manufacturing PMI edges down to 50.9 in June

BEIJING, June 30 (Xinhua) -- The purchasing managers' index (PMI) for China's manufacturing sector came in at 50.9 in June, slightly down from 51 in May, data from the National Bureau of Stati...