The Economy

'She economy' makes rapid strides

Come the International Women's Day on March 8 and there will be no letup in the flurry of sales campaigns from online retailers espousing the vital role played by the "she economy" in boosting consumption.

ID management system developer going global

The surging global appetite for digital identification is offering Hongda Hi-tech Group Co Ltd, China's first manufacturer of ID management systems, "unprecedented" expansion opportunities to reach around 400 million people outside China, the company said.

Negative list update opens doors wider

China will continue to shorten the negative list this year to further improve its business environment for foreign investment as part of the country's efforts to open up its economy and pursue high-quality development, according to senior officials and experts.

CSRC chairman: S&T innovation board a test field for A shares

The highly anticipated science and technology innovation board will work as the test field to pilot a registration system for China's A-share market, Yi Huiman, the newly appointed chairman of the China Securities Regulatory Commission, said during the ongoing two sessions.

Customs using AI technology to keep up with e-commerce boom

According to the head of China's customs administration, the country's cross-border e-commerce trade has maintained a robust growth rate, and authorities are turning to technology to speed up customs clearance.

China sets 2019 GDP growth target at 6-6.5 pct

China has set its GDP growth target at 6-6.5 percent for 2019, according to a government work report available to the news media ahead of the annual legislative session on Tuesday.

China's 5G smartphones to be widely used in 2020

China's 5G smartphones will be available in the second half of 2019, and can be widely used next year, Zhang Yunyong, president of the China Unicom Research Institute, told the press on Sunday ahead of the 13th National Committee of the Chinese People's Political Consultative Conference (CPPCC).

Tencent CEO proposes bank, university for Greater Bay Area

Tencent founder Pony Ma has proposed building a development bank and university for the Guangdong-Hong Kong-Macao Greater Bay Area.

China's mobile-payment users reach 583 mln in 2018

About 583 million people used mobile payment in China in 2018, up 10.7 percent over 2017, according to a report from the China Internet Network Information Center (CNNIC).

B&R Initiative brings development, hope: spokesperson

The Belt and Road Initiative has brought development and hope to participants, instead of "debt trap" or "regional hegemonism," a spokesperson said Saturday.