US levies anti-dumping duties on Chinese aluminum foil imports

The US Commerce Department said on October 27 it made a preliminary finding that China dumped aluminum foil on the US market and imposed duties ranging from 97 percent to 162 percent.In August, the department placed preliminary anti-subsidy duties of about 17 percent to 81 percent on China’s aluminum foil imports.A Chinese Commerce Ministry spokesman, Sun Jiwei, in April urged

China's Sep. industrial profits surge most in 6 years

An employee works at an assembly line of bulldozers at a factory in Zhangjiakou, Hebei province, China October 13, 2017. Photo:REUTERS/StringerProfits for China’s industrial powerhouses surged the most in nearly six years in September as a government crackdown on air pollution sparked fears of winter supply shortages and sent prices of finished goods like steel and copper sharply higher.Sustained earnings

China's HNA in talks to buy Dangdang: sources

FILE PHOTO: The HNA Group logo is seen in this illustration photo June 1, 2017. Picture taken June 1, 2017. Photo: REUTERS/Thomas White/Illustration/File Photo China’s HNA Group Co Ltd is in talks to buy a controlling stake in E-commerce China Dangdang Inc in a deal that could value the online marketplace at over $1 billion, two people

Energy in CEO line-up for Trump's China visit

The Qualcomm logo is seen on one of its buildings in San Diego, California, U.S., November 2, 2016. Photo:REUTERS/Mike BlakeU.S. energy and commodities firms will make up a major part of a business delegation visiting Beijing at the same time as U.S. President Donald Trump goes to China in November, according to an initial list seen by Reuters.Commerce Secretary Wilbur

Baidu 3rd-qtr profit more than doubles

Robin Li, co-founder, chairman and chief executive officer of Baidu, speaks at the Wall Street Journal Digital conference in Laguna Beach, California, U.S. October 17, 2017. Photo:REUTERS/Mike BlakeChina’s Baidu Inc reported a quarterly profit on Thursday that more than doubled, compared to a year earlier, helped by the search engine giant’s spending control on traffic acquisition costs.Net income attributable to

Chinese vice premier holds phone talks with US commerce secretary

(file photo)Chinese Vice Premier Wang Yang on October 27 held a phone conversation with US Secretary of Commerce Wilbur Ross.The two had in-depth exchange of views on the preparations for anticipated economic results during US President Donald Trump's upcoming visit to China, as well as matters related to China-US economic and trade ties.Trump is expected to visit China next month

China has 950 million 4G users: ministry

File Photo: VCGChina had a total of 950 million 4G network users as of the end of September, figures from the Ministry of Industry and Information Technology (MIIT) showed onOcober 27.Chinese mobile Internet subscribers have also increased their use of data services, with an average of 2 gigabytes of data consumed by each subscriber last month, up 140 percent from

China lodges representations with U.S. over Taiwan leader's transit

China has lodged solemn representations with the US over Taiwan leader Tsai Ing-wen's planned transit through its territory to and from three Pacific island nations, a spokesperson said on October 27.Tsai reportedly departs on October 28on a week-long trip to three states Taiwan has official relations with - Tuvalu, the Solomon Islands and the Marshall Islands - by transiting via

China sees less juvenile crime, fewer school dropouts

Juvenile delinquency has declined in China while fewer students drop out of primary or junior middle school, government data showed on October 27.In 2016, the number of juvenile criminals in China stood at 35,743, a 47.6 percent decrease from 2010, according to the National Bureau of Statistics (NBS).Of all the criminals convicted last year, only 2.9 percent were under the

Jin Yong's famous wuxia novel to be published in UK

(File Photos)Jin Yong's famous martial novel“The Legends of the Condor Heroes” has been translated into English and will be published in the UK next year. This is the first time that this classical wuxia novel be issued in English.According to the British publishing house Maclehose Press, the novel will be compiled into 12 volumes. The first volume "A Hero Born"

Documentary examines the African experience in China

Johannesburg -The China-Africa co-production “Africans in Yiwu” premiered October 26 at the London School of Economics and at Guangdong University of Foreign Studies.Co-directed by Zhang Yong and Hodan Osman Abdi, the project marks the first time China has worked with an African film company.The six-episode documentary was produced by Yiwu Afrowood Films Co. Ltd. and The Center for African Film

Snow leopards spotted in Northwest China nature reserve

(A snapshot from CCTV News)Four snow leopards were spotted by an infrared camera in Northwest China's Gansu Province, according to local authorities on October 27.The leopard family was wading across a river. The mother held one cub in her mouth, while another cub made its way without mother's help.Yanchiwan Nature Reserve said they set up 86 infrared cameras in May

China unveils strict rules for new gov't buildings

China will implement strict rules for new construction projects by the agencies of the Communist Party of China (CPC) and the government as of December 1.The regulation was made public on October 27 under a State Council decree signed by Premier Li Keqiang.Strict controls were placed on the construction, expansion, renovation and purchase of halls and buildings by Party and

Investors eager for Chinese bonds

Photo: VCGOverseas investors' eagerness for China's freshly issued US dollar-denominated bonds shows their trust in China's economic stability, experts told the Global Times on Thursday."They [the investors] know that the possibility of default on the bonds is nearly zero. There are barely any risks with this investment," said Xi Junyang, a finance professor at the Shanghai University of Finance and

Beijing completes yearly water diversion quota

Photo: VCGBeijing has completed its annual water diversion quota early this year, receiving 1.01 billion cubic meters from the south-to-north water diversion project as of Thursday.The water diversion year is calculated from November 1 to the next year's October 31. Beijing is estimated to divert 1.032 billion cubic meters by the end of this month, exceeding the quota by 20

World's first hydrogen tram runs in China

Photo: ChinanewsA China-made tram powered by hydrogen fuel cells was put into commercial operation Thursday in Tangshan, north China's Hebei Province.It is the first commercial hydrogen-powered tram in the world and made by China Railway Rolling Corporation (CRRC) Tangshan Co., Ltd.With water being its only emission, the tram emits no pollutants. No nitrogen oxides will be produced as the temperature

China's industrial profits up 22.8 pct in first nine months

China's major industrial firms posted faster profit growth in the first three quarters of this year, the National Bureau of Statistics (NBS) said Friday.The companies reported a 22.8 percent year-on-year profit increase in the nine-month period, up from 21.6 percent in the January-August period, the NBS said in a statement.In September alone, profits of major industrial firms rose 27.7 percent

Airworthiness agreement with US is China's ticket to entering global plane market

Photo: VCGChina's domestically made passenger aircraft C919 took a step forward this month in entering the US market, following a bilateral airworthiness agreement that will support the reciprocal recognition of each country's civil aviation products.An airworthiness certificate issued by an acceptable authority is the basic prerequisite for the sale and operation of any aircraft. The signing of the new agreement

Chinese courses surge as country's global clout grows

Teacher Cheng Ya-wen (L) points out a mistake in the Chinese written by a student, while another student (R) writes on the whiteboard at the Mandarin Learning Center of the Chinese Culture University in Taipei, Taiwan, on February 7. Photo: ICWhen London primary school Kensington Wade enrolled its inaugural class of 15 students in September, it offered something British students

Asia had more billionaires than the US last year, led by growth in China

Asia’s 637 billionaires outnumbered those in the United States for the first time last year, according to a new report, with China adding the most new billionaires at 101, bringing its total to 318, while Asia overall added 162.Asian billionaires compared to 563 of the super-rich in the U.S., though the total wealth of American billionaires is still higher at

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