Chinese commercial banks recorded a net foreign exchange purchase in April, and forex market supply and demand remained balanced, the country's forex regulator said Friday.
The Foreign Ministry dismissed a rumor on Friday that China had offered to cut its trade surplus with the United States by $200 billion, saying the trade talks with the United States have so far been constructive and are still underway.
The European Commission on Friday proposed activation of a dormant statute to shield European firms doing business with Iran from renewed U.S. sanctions.
China's MA700 plane, a high-speed turboprop regional aircraft currently in development, is expected to enter the market by 2021, said its developer on Friday.
China is becoming an emerging source market for Dubai's tourism sector and the Middle East city has stepped up partnerships with Chinese firms to tap the world's largest outbound tourism market, according to Dubai's tourism authority.
The constant widening of opening up in China's manufacturing sector will not only help domestic industrial upgrading but benefit all foreign companies, industry experts say.
Alibaba’s Hema Fresh market, which features seafood, prepared food and groceries, aims to diversify its catering offerings by working with regional restaurant operators.
Local brands dominated the list of the top 10 most chosen brands in China as new entrants successfully expanded their customer bases with new product launches, a recent report says.
Online video platform iQiyi, which issued its Nasdaq IPO to raise US$2.25 billion in March, plans to establish a digital entertainment empire through business expansion and technology upgrades, including VR and AI technologies.
Machines that can impeccably synthesize the human voice, assist judges in sentencing, and tell customers whether a dress is a good fit, have been displayed at the second World Intelligence Congress in Tianjin.