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
JD.com opens offline fresh-food store
Beijing – JD.com, China’s second largest e-commerce company, will launch its first offline fresh-food supermarket, called 7Fresh, in Beijing last Thursday, ratcheting up its rivalry with Alibaba Group Holding in this growing segment of the domestic retail market. The new … Continue reading JD.com opens offline fresh-food store
China aims to steady home prices in 2019
Beijing – China’s housing authorities have pledged to stabilize land and home prices in 2019 and ramp up the supply of rental housing to tackle home-affordability issues, state television reported. Following a furious boom, China since mid-2016 has gradually tightened … Continue reading China aims to steady home prices in 2019
Ecological protection facilities on Nansha Islands
Beijing — China put facilities related to ecological protection and restoration into service on three reefs of the Nansha Islands on Tuesday, according to the Ministry of Natural Resources. The facilities on Yongshu, Zhubi and Meiji reefs will be mainly … Continue reading Ecological protection facilities on Nansha Islands