China boosts int’l use of RMB with sovereign bond sale in Hong Kong

Tuesday, October 3, 2017

The launch of Renminbi sovereign bonds in Hong Kong on Monday shows China’s efforts to boost the international use of the yuan step by step, officials and analysts said. The bond issue, worth only 6 billion yuan (878.5 million U.S. dollars), marked a key milestone in the internationalization of the RMB. Hong Kong was chosen […]

EP chief sends Spring Festival greetings via China Daily

Monday, October 2, 2017

Jo Leinen, Chair of the EP Delegation for the relations with China. As Chinese people celebrate the Spring Festival and the arrival of the Year of Monkey, Jo Leinen, Chairman of the European Parliament Delegation for relations with China, sends his greetings via China Daily exclusively. Following is the text :”Happy Chinese New Year! I […]

Driverless vehicles travel road to future

Monday, October 2, 2017

The road to the future, for those who would like to take a hands-off approach to driving, could have been glimpsed recently on a highway from Beijing.What was once the realm of science fiction, passengers in driverless vehicles reading or playing video games as their vehicle hurtles down the road, is now science fact.A black […]

Death toll of Somali blasts rises to 11

Sunday, October 1, 2017

A firefighter looks at a destroyed car at the scene of an explosion outside the Jazeera hotel in Mogadishu, Jan 1, 2014. MOGADISHU – The death toll from the twin car-bomb explosions that targeted a hotel in Somali capital Mogadishu has risen to 11 while dozens more were injured, Somali police and local media reports […]

Surging hand-foot-mouth disease in Beijing

Sunday, October 1, 2017

Beijing saw an outbreak of hand-foot-mouth disease with more than 2,600 cases reported per week from May 26 to June 22, said the capital’s disease prevention center on Sunday.In the four consecutive weeks during the period, the number of weekly reported hand-foot-mouth cases increased from 2,645 to 3,013 in Beijing, said the Beijing Disease Prevention […]

Chinese-built railway to boost economy: Kenyan minister

Saturday, September 30, 2017

NAIROBI – The Standard Gauge Railway (SGR), which is being constructed by Chinese firm, will help boost Kenya’s economy by cutting the cost of transportation and enhancing movement of people and goods, a Kenyan minister said on Monday.Infrastructure and Transport Cabinet Secretary James Macharia said at an infrastructure summit in Nairobi that the $3.6 billion […]

China’s securities watchdog vows to punish share dumpers

Friday, September 29, 2017

China’s securities regulator on Friday reiterated that it will investigate and “severely punish” major shareholders who sold shares despite a six-month ban. Starting July 8, the government banned major shareholders, corporate executives and directors who hold more than 5 percent of a company’s shares from selling stakes in listed companies for six months. The China […]

More automakers to buy Hunan Corun hybrid powertrains

Friday, September 29, 2017

Hunan Corun New Energy Co, which supplies batteries for Toyota Motor Corp’s China-made hybrids, expects a sixfold jump in the number of vehicles it will equip next year with its own gasoline-electric systems as more automakers embrace the technology to meet a deadline for lowering fuel consumption.Four Chinese assemblers, including Anhui Jianghuai Automobile Co, Haima […]

Quanzhou refinery exports more high-quality oil products

Thursday, September 28, 2017

Exports of high-quality refined oil-produced using domestically manufactured equipment by Sinochem Quanzhou Petrochemical Co Ltd’s huge refinery-have been increasing among the Belt and Road countries, said General Manager Zhang Qiang.Zhang said that oil overcapacity currently in China mostly involves lower-quality crude and outdated capacity, and high-quality oil is, in fact, in short supply.The Sinochem Quanzhou […]

Photographers look at Africa from fresh angle

Thursday, September 28, 2017

Aida Muluneh (left),photographer and founder of Addis Foto Fest talks with her coworkers. Surrounded by untidy stacks of paper and abandoned half-empty coffee cups, photographer Aida Muluneh chain smokes cigarettes in her Addis Ababa office and rails against the negative portrayals of Africa by foreigners.The 42-year-old returned to Ethiopia nine years ago after living in […]

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