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Business

Quotable

2016-04-08 08:22

Such a business model is going to resolve the last-mile challenge for imported goods, making it faster, safer, more accurate and flexible."

IN BRIEF (Page 24)

2016-04-08 08:22

Premier: Tax reform to boost vitality

2016-04-08 08:22

Premier Li Keqiang's message to China's tax and financial authorities is crystal clear: The ongoing landmark tax reform must reduce burdens on all industries.

Mainland companies bullish on M&As in Q1

2016-04-08 08:22

Chinese companies' appetite for investing overseas and diversifying their businesses has not been impaired but encouraged, despite the economic slowdown and volatile international market, according to new research.

Overseas expansion reduces yields

2016-04-08 08:22

China's three main airline groups saw declining yields on international routes last year, despite rosy annual performance reports amid record-low oil prices.

SMEs' access to global trade key task for G20

2016-04-08 08:22

Shi Dongwei, vice-president of Alibaba Group Holding Ltd, has called for more global trading information to be made available online for small and medium-sized enterprises in China that want to expand overseas.

Pay-to-play content gains acceptance

2016-04-08 08:22

In China, as pay-to-watch is becoming popular online, the days of free online entertainment supported by advertising may be numbered.

Spanish firm eyes 150 hotels in China

2016-04-08 08:22

NH Hotel Group SA, the largest hotelier in Spain, has entered the Chinese market with a plan to open 120 to 150 hotels by 2020.

Skoda to rev up China sales

2016-04-08 08:22

SAIC Volkswagen will spend about 2 billion euros ($2.27 billion) over the next five years to boost Skoda's offerings in China, the biggest single investment the Czech brand has received since its entry into the Chinese market in 2007.

Big banks diversify as profits slow

2016-04-08 08:22

China's three largest commercial banks are stepping up business transformation as their profit growth hit a record low last year amid the economic slowdown and interest rate liberalization.

Skills app helping to bridge cultural divide

2016-04-08 08:22

Sophie Su feels like a bridge connecting two very different worlds. Born in Australia, the young entrepreneur has always considered she belonged to two communities because of her Chinese heritage.

Sino-Turkish e-commerce site open

2016-04-08 08:22

Small and medium-sized enterprises from China and Turkey can now log onto an e-commerce site to trade with each other as part of the Belt and Road Initiative mandate to promote online business.

Tianjin e-hub planned for imported goods

2016-04-08 08:22

A government-backed e-commerce association is planning to build a wholesale center for imported goods in Tianjin with potential collaboration from a subsidiary of advertising and public relations conglomerate Wire and Plastic Products Plc of London, according to officials.

Royal Caribbean, eastward ho!

2016-04-08 08:22

Unlike many Harvard law degree holders who spend most of their time in the courts, Adam Goldstein chose to lead a maritime life 27 years ago. Now, he is navigating Royal Caribbean Cruises Ltd into the promising China market.

Quotable

2016-04-01 08:31

Selecting Chongqing as a free trade zone would result in upgraded development of the Yangtze River Economic Belt, where growing shipping activities offer a diversified business platform for 11 provinces and municipalities."

IN BRIEF (Page 24)

2016-04-01 08:31

GE boosts China renewables business

2016-04-01 08:31

General Electric Co, the US-based, globally diversified technology, services and manufacturing conglomerate, will further fuel its renewable energy business in China through consistent investment as the country is pushing hard for more share of renewables in its overall energy mix.

Home Credit invests $928m in China

2016-04-01 08:31

Home Credit Group, an international consumer finance provider based in the Czech Republic, will invest 6 billion yuan ($928 million; 820 million euros) in China to double its business by the end of 2017, the company's chief executive officer said on March 28.

Major cities move to tame home prices

2016-04-01 08:31

Shanghai and Shenzhen have taken the lead among major Chinese cities in announcing a new round of restrictions to cool runaway home prices, but analysts suggest a balanced supply and demand would be the ideal solution.

Report: Profits shrink for property developers

2016-04-01 08:31

Major real estate developers in China had weaker profitability last year, according to new research that suggests the industry's profits margin will continue to narrow due to increasing operational and land costs.

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