Large lenders go all in on tech finance
A view of the booth of Bank of China during an expo in Beijing. ZHANG WEI/CHINA DAILY Chinese banks ramped up support for technology financing in the first half, with…
China’s ‘airport construction leader’ creates new gateway for Cambodia
The China-constructed Techo International Airport officially opened to traffic on Tuesday in what was a major leap forward for Cambodia’s aviation industry. China Construction Third Engineering Bureau Group Co Ltd…
Urban rail projects to keep Chinese economy chugging along
An employee works at the workshop of CRRC’s subsidiary in Qiqihar, Heilongjiang province. Urban rail development is expected to be the key to sustaining China’s investment on a long-term basis,…
Development brings Liuzhi residents better prospects
The Anshun-Panzhou section of Shanghai-Kunming Expressway, being partially built by China Railway No 4 Engineering Group, progresses steadily in Guizhou province. SHI JIAMIN/FOR CHINA DAILY Dubbed “the Cool City of…
China vows to sustain recovery with policy support amid rising uncertainties
China will step up policy support to consolidate its recovery trend and guard against mounting uncertainties, highlighting both progress in the first half of the year and challenges ahead, according…
JD’s logistics arm increasing its reach into Malaysia
Malaysian Prime Minister Anwar Ibrahim with senior members of JD Logistics. Jingdong Logistics, the logistics arm of Chinese e-commerce giant JD, has said it will continue to increase its investment…
Lenders relying more on noninterest income
China’s listed banks are leaning more heavily on noninterest income to offset shrinking interest margins, with fee-based businesses such as wealth management, investment banking and transaction banking emerging as key…
Schneider Electric uses its Chinese base as a global example
Schneider Electric’s Shanghai facility incorporates high-end technologies like big data, 5G and artificial intelligence to enhance productivity. After 38 years in China, French industrial conglomerate Schneider Electric has transformed its…
China and ASEAN further cementing ties
The Nanning International Convention and Exhibition Center will be the venue for the 22nd China-ASEAN Expo to be held later this month. PENG HUAN/FOR CHINA DAILY China and the Association…
Magnum outlines plans for demerger from Unilever
The Magnum Ice Cream Company (TMICC) outlined its growth strategy and financial outlook during its inaugural capital markets day in London on Tuesday. During the event, Magnum’s management presented its…