The Chinese government on Wednesday urged greater effort to ensure the smooth agricultural production needed to sustain growth in the world’s second-largest economy, amid multiple events that have pummelled the farming industry. In an executive meeting of the State Council headed by Premier Li Keqiang, the cabinet underlined the importance of agriculture, describing it as [...]
Ferrari SpA, the iconic Italian sports car producer, unveiled a five-year business strategy on Wednesday in which it hopes to increase its turnover from China and the United States, as income from Europe remains sluggish. “The Greater China market plus the Far East region will contribute 2 percent more turnover to Ferrari in the next [...]
China’s exports are continuing to recover despite lingering doubts over the accuracy of newly released trade data. Meanwhile, the economic recovery in the world’s second-largest economy saw double-digit import growth in the first four months of the year, analysts said. China’s exports in April rose 14.7 percent from a year earlier, compared with 10 percent [...]
SHANGHAI is launching a long and ambitious campaign to clean up land area around former industrial and chemical sites this year. The city’s environmental protection authority said yesterday that move was necessary to clean up any toxic materials that might remain in the soil. Wu Qizhou, deputy director of the Shanghai Environmental Protection Bureau, the [...]
China Merchants Bank’s president, Ma Weihua, will be succeeded by Tian Huiyu, China Construction Bank’s retail banking director and the president of its Beijing branch, sources with knowledge of the matter say. The 47-year-old Tian already replaced Ma as CMB’s Communist Party secretary, a move announced by the China Banking Regulatory Commission on May 8. [...]
The wireless Internet technology race is intensifying a long-standing rivalry between China’s largest mobile phone operator, China Mobile, and its smaller competitors China Telecom and China Unicom. Since 2011 China Mobile customers in 15 cities nationwide have been accessing the Internet through the telecom’s exclusive, high-speed, 4G application network called TD-LTE. It’s a trial service [...]
Thank you for visiting China US Focus. We are working to improve the site, and hope you will take a few minutes to complete this anonymous survey. Your valuable opinions are most appreciated.