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China readies regional data center for SKA super telescope

China readies regional data center for SKA super telescope

2019-08-20 11:40

Construction of the Square Kilometer Array (SKA), the world's largest astronomical device, is expected to start next year.

Chinas central bank drains 10 bln yuan from market

China's central bank drains 10 bln yuan from market

2019-08-20 10:43

China's central bank drained 10 billion yuan from the financial system Tuesday, with more reverse repos maturing than conducted.

Chinas first reformed loan prime rate at 4.25 pct

China's first reformed loan prime rate at 4.25 pct

2019-08-20 10:30

China's National Interbank Funding Center announced on Tuesday that the one-year loan prime rate (LPR) came in at 4.25 percent.

China picks up pace in civil aircraft development

China picks up pace in civil aircraft development

2019-08-20 10:04

China has seen faster and increased paces in its civil aircraft industry development with multiple major aircraft models entering into new phases.

China sees record-high coal output growth in July

China sees record-high coal output growth in July

2019-08-20 09:59

The country's coal output surged 12.2 percent year on year last month to 320 million tonnes.

China Telecom joins hands with partners to advance 5G applications

China Telecom joins hands with partners to advance 5G applications

2019-08-19 20:48

China Telecom teamed up with its supply chain partners to push ahead with applications of 5G technology in the fields of ultra high definition videos.

China to expand IP pledge financing to support innovative enterprises

China to expand IP pledge financing to support innovative enterprises

2019-08-19 09:25

China's banking and intellectual property regulators have decided to jointly boost the use of IP as a financing tool.

Chinas securities firms post surging profits

China's securities firms post surging profits

2019-08-18 13:54

China's securities sector saw sharp growth in net profits for the first half (H1) of the year, data from an industry association showed.

Interview: Chinas financial opening-up boosts global investors confidence

Interview: China's financial opening-up boosts global investors' confidence

2019-08-18 13:27

The greater opening-up of China's financial markets boosts the confidence of global investors, who have become increasingly interested in the markets.

Huaxia Bank H1 profit up 5.06 pct

Huaxia Bank H1 profit up 5.06 pct

2019-08-18 08:56

Huaxia Bank, a medium-sized Chinese lender, reported a 5.06 percent rise in net profit in the first half of the year.

China takes bolder steps to cut lending rates for firms

China takes bolder steps to cut lending rates for firms

2019-08-17 22:43

The PBOC unveiled a plan to improve and reform the country's loan prime rate mechanism in its latest move to cut financing costs for the real economy.

Chinas steel output to drop in H2: Fitch

China's steel output to drop in H2: Fitch

2019-08-17 18:48

China's steel production is set to decline significantly in the latter half of 2019 after reaching a record high in the first half.

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