China's real economy basks in attentive financial support
China's real economy is enjoying more support from the financial sector as policymakers continue to roll out tailored policies.
Industries
China-made large amphibious aircraft enters new test phase
China's independently-developed large amphibious aircraft, the AG600, has completed trial flights from a land take-off and entered a new test phase from the water.
Trade
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Banks restart "counter-cyclical" adjustment for stable yuan
Chinese banks have restarted "counter-cyclical" adjustment as part of the pricing mechanism of the yuan's central parity rate against the greenback.
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China revises regulations on foreign investment in banking sector
China decided to cancel and revise certain regulations on foreign investment in banking sector in a latest effort to push forward financial opening up.
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Companies
Alibaba's revenue up 61 pct in Q1 of 2019 fiscal year
Chinese e-commerce giant Alibaba said Thursday that its revenue surged 61 percent year on year to 80.92 billion yuan in the first quarter of its 2019 fiscal year.
U.S. leading driverless car enterprise sets up company in Shanghai
The U.S. self-driving company Waymo LLC, the driverless car division of Google's parent company Alphabet, has registered its exclusively-founded enterprise in Shanghai.
China's new airline to use ARJ21 regional jetliners
Genghis Khan Airlines, a newly approved airline company based in north China's Inner Mongolia Autonomous Region, plans to complete its maiden flight early next year.
