GUANGZHOU, Feb. 29 (Xinhua) — U.S. energy giant ExxonMobil plans to invest 10 billion yuan (about 1.4 billion U.S. dollars) in its Huizhou ethylene project in south China\’s Guangdong Province this ye
Tag: markets
Chinese cosmetics take Southeast Asian beauty economy by storm
GUANGZHOU, Feb. 28 (Xinhua) — Sitting in her office in Guangzhou, Huang Suqin always knows what the most popular hair colors are in Indonesia, a major destination for her company\’s hair dyes.
Huang i
Big LPR cut lifts hopes of homebuyers
The 25-basis-point cut to over-five-year loan prime rate to 3.95 percent on Tuesday is good news for mortgages, and will help commercial banks to lower interest rates on first-home loans and guide mor
Spring Festival mirrors vitality of Chinese economy, society
During the Spring Festival, a cross-border livestream commerce event was hosted at the Horgos Yiwu International Trade Market inside the China-Kazakhstan Horgos International Border Cooperation Center
New Zealand\’s dairy giant looks to expand business in China
WELLINGTON, Feb. 19 (Xinhua) — New Zealand\’s dairy giant Fonterra plans to expand its food service business to more second- and third-tier cities in China by enhancing its products through investment
China among top destinations for US firms
A view of US exhibitors\’ booths at the sixth CIIE in Shanghai. [ZHU XINGXIN/CHINA DAILY]
China will continue to be attractive for companies from the United States, thanks to its massive consumer marke
China home to 50 10-billion-yuan industrial belts: report
A total of 50 industrial belts with annual transactions worth over 10 billion yuan ($1.41 billion) emerged across China in 2023, said a report recently issued by Chinese e-commerce giant Alibaba\’s Tao
Global economic outlook shadowed with uncertainty: WEF
This photo taken on the train from St. Moritz to Davos shows the snow scenery in Switzerland, Jan. 18, 2024. (Xinhua/Lian Yi)
Attendees at the WEF expressed concerns about weakening consumption, dwind
Anqiu in E China\’s Shandong spices up ginger production with eco-friendly cultivation, mechanization
In the fertile plains of east China\’s Shandong Province, Anqiu city is leveraging its favorable climate conditions to transform ginger cultivation. In recent years, this agricultural hub has intensifi
Interview: China-Namibia relations poised to deliver significant benefits
WINDHOEK, Jan. 11 (Xinhua) — China-Namibia ties are expected to enhance the southern African country\’s economic growth in 2024, bringing opportunities to generate tangible and significant benefits fo