Chongqing sees booming rail trade with Europe
Chongqing – Chongqing, a dynamic metropolis in China’s southwest, saw booming trade through railway with European cities, according to its government work report on Sunday. China-Europe freight trains to and from Chongqing surged over 50 percent to over 1,000 trips … Continue reading Chongqing sees booming rail trade with Europe
BP invests in Chinese electric vehicle charging platform
London – BP (BP.L) said on Thursday it had invested in Chinese start-up PowerShare, which links electric vehicle drivers to charging points and helps power suppliers balance distribution. The PowerShare application, which is used in cities such as Shanghai, will … Continue reading BP invests in Chinese electric vehicle charging platform
Tech hub Shenzhen estimates 7.5-percent GDP growth
Shenzhen – South China’s technological powerhouse Shenzhen estimated Friday that its GDP rose about 7.5 percent year-on-year to surpass 2.4 trillion yuan (354 billion U.S. dollars) in 2018. The city in Guangdong Province sets this year’s GDP growth target at … Continue reading Tech hub Shenzhen estimates 7.5-percent GDP growth
BT receives telecom license in China
London/Beijing – BT Group, formerly British Telecom, has become the first international telecoms company to be granted licenses from the China Ministry of Industry and Information Technology. The nationwide operating license allows a new company, BT China Communications Limited, to … Continue reading BT receives telecom license in China
China’s economy cools in fourth quarter
Beijing – China’s economic growth cooled slightly in the fourth quarter from a year earlier as expected, weighed down by weak investment and faltering consumer confidence as Washington piled on trade pressure, leaving 2018 growth the weakest in 28 years. … Continue reading China’s economy cools in fourth quarter
ITB China: Looking for innovative travel technology
Berlin/Shanghai– For the third time the stage is set for the best innovative travel technology solutions: Starting today startup companies can apply until 10 April 2019 for the ITB China Startup Award on the stages of the eTravel World China at ITB China, … Continue reading ITB China: Looking for innovative travel technology
Travel Retail: Is WeChat Selling the Next Big Thing ?
Shenzhen – Travel retail players around the world are gearing up for Chinese New Year as millions of Chinese plan to travel overseas. Ctrip figures show that ~6.5 million Chinese tourists went overseas during last year’s Chinese New Year. WeChat is … Continue reading Travel Retail: Is WeChat Selling the Next Big Thing ?
Beijing’s metro to launch unlimited-ride passes
Beijing — Beijing subway will offer passengers five more ticket options starting Sunday, according to the municipal commission of transportation. Passengers can enjoy unlimited rides on all subway lines except for the airport express, with 1-day, 2-day, 3-day, 5-day and … Continue reading Beijing’s metro to launch unlimited-ride passes
ASEAN: China promotes use of yuan
Shanghai – China published a five-year blueprint seeking economic and financial integration between southern Guangxi province and Southeast Asia, representing Beijing’s latest effort to promote international use of the yuan currency. China’s state council, or cabinet, has agreed to build … Continue reading ASEAN: China promotes use of yuan
ITB China and China Tourism extend strategic partnership
Berlin/Shanghai – Riding on the success of last year’s edition, ITB China, set to take place from 15 to 17 May in Shanghai, and the China Tourism Association (CTA) renewed their strategic partnerships. David Axiotis, General Manager of ITB China and … Continue reading ITB China and China Tourism extend strategic partnership