said foreign-owned hospitals, generally positioned toward the high-end market, can supplement China's current domestic healthcare system, which primarily focuses on providing public welfare medical services.
BEIJING, May 1 (Xinhua) -- Credit ratings agency Fitch recently downgraded the outlooks on China's sovereign credit rating along with those of six major state-owned banks, drawing criticism from economic analysts who deem it unfair and unjust. They argue that such actions fail to accurately re...
China's six major state-owned banks started promoting digital yuan wallets in Shanghai. People can apply for a trial use of the wallets at the banks' outlets, the Shanghai Securities News reported on Tuesday. The digital yuan will be issued by the country's central bank and legally backed ...
The one-year fixed-term deposit interest rate was cut by 25 basis points to 1.1%, according to the official deposit interest rates released by Industrial and Commercial Bank of China, Bank of China, China Construction Bank, Agricultural Bank of China and Bank of Communications. After the reduct...
China's major State-owned banks have made adjustments to their renminbi deposit interest rates, as reported by Securities Times on Thursday. Starting today, these banks - including Industrial and Commercial Bank of China, Agricultural Bank of China, China Construction Bank, Bank of China and Bank...
Inan interviewwith Bloomberg,Cisco SystemsCEO Chuck Robbins said that he has told staff not to worry about losing their jobs. He also urged other companies with the financial wherewithal to absorb coronavirus losses to follow his example.
"Trade surplus with the US also shrank, driven by China's active purchase of the US agricultural and energy products. This suggests China's good will to fulfill its commitment of the phase one trade deal," Wang told CGTN. Despite the ongoing trade war and strained U.S.-Chi...
The Mexican factory owned by China’s leading LED driver manufacturer Inventronics(英飞特) has passed the audits by its several major customers and is expected to improve production output, but it still faces raw material supply problems. The company shared this information on its investor relationshi...
(CSRC), were reported to hold a meeting with multiple major property firms such as Vanke, Poly Real Estate Group, China Resources Land, Longfor Properties and Gemdale to understand these companies’ liquidity and their financing needs. These developers are among a few ones that have avoided ...
Douyin said more than 500 mini dramas had registered over 100 million views each by the end of 2023, with 12 such presentations garnering more than 1 billion views. The platform will collaborate with professional film and television companies, mul...