China advances opening-up of service sector to unleash growth potential
China on Saturday pledged to advance the opening-up of its service sector, a resolute move to unleash growth potential and share business opportunities with countries and enterprises worldwide.
Macro
China to issue additional government bonds to support disaster relief
The Chinese central government will issue 1 trillion yuan (about 139.3 billion U.S. dollars) in additional government bonds in the fourth quarter to support the rebuilding of disaster-hit areas and raise the country's disaster relief capabilities.
In-depth
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Economic Watch: Foreign enterprises rev up projects implementation in China
From April to September, it took just over five months for European aircraft manufacturer Airbus to break ground on its second final assembly line in north China's Tianjin Municipality after signing the agreement.
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Economic Watch: China's AI foundation models see surge in applications
AI foundation models are becoming an important driving force in new industrialization, and have been applied within many industries and fields, such as manufacturing, energy, electric power, the chemical industry and transportation.
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Companies
Huawei's revenue up 2.4 percent in January-September
Chinese tech giant Huawei has revealed that its revenue increased 2.4 percent year on year to 456.6 billion yuan in the first three quarters of this year.
Chinese airlines see rise in scheduled flights for winter-spring
Chinese airline companies have scheduled 96,651 domestic cargo and passenger flights each week for upcoming winter-spring season, an increase of 33.95 percent from the same period in 2019-2020.
