News - Anyang Penghang Metallurgical Refractory Co., Ltd.

▶　China extends takeover of Anbang for another year

The Chinese regulator will keep control of Anbang Insurance Group for another year to build on efforts made to push for normal operation of the company, the country's banking and insurance regulator announced Friday.The takeover will be effective until Feb. 22, 2020, with the same team in charge...

774 Reading　Update 2019-02-25 09:23:30
▶　Alibaba says no layoffs in 2019

Chinese e-commerce giant Alibaba has pledged no layoffs this year, defying a wave of layoffs in the internet sector amid an economic slowdown.Alibaba will continue to recruit new staff, ramp up training programs and utilize more platform resources to help create more jobs, Alibaba's CEO Daniel Z...

780 Reading　Update 2019-02-25 09:23:16
▶　Tesla begins Model 3 delivery in China

Tesla announced Friday that it has started delivering Model 3 cars in China, which means all of Tesla's three lineups -- Model X, Model S and Model 3 -- have hit the Chinese market.Compared with Model X and Model S that have already been available in China, Model 3 offers a more compact and low-...

773 Reading　Update 2019-02-25 09:23:00
▶　Trump meets with Chinese Vice-Premier on trade talks

WASHINGTON - US President Donald Trump on Friday afternoon met with Chinese Vice-Premier Liu He at the White House over bilateral ties and the ongoing bilateral high-level trade talks.Liu is in Washington D.C. for the seventh round of high-level economic and trade talks between the world's top t...

729 Reading　Update 2019-02-25 09:22:04
▶　Online retail sales soar in China's rural areas

BEIJING, Feb. 21 (Xinhua) -- Online retail sales across China's rural areas experienced tremendous growth last year, the Ministry of Commerce (MOC) said Thursday.Online retail sales soared to 1.37 trillion yuan (about 201.47 billion U.S. dollars) in rural areas in 2018, up 30.4 percent year on y...

761 Reading　Update 2019-02-22 09:35:16
▶　Chinese Internet users experience faster broadband speed

In the fourth quarter of 2018, the average download speed for Internet users in China reached 20Mbps, according to a recently released report on the country’s broadband speed.The report noted that the average download speed of fixed broadband networks was 28.06Mbps, up 47.6 percent year-on-year, whi...

753 Reading　Update 2019-02-22 09:35:00
▶　China to boost household service industry

(Photo/Xinhua)China will promote the development of the household service industry to address the country's rapidly aging population and help facilitate the two-child policy, according to a State Council Executive Meeting on Wednesday.During the meeting, it was decided that China will encourage ...

794 Reading　Update 2019-02-22 09:34:17
▶　China remains single largest market for products of German electrical industry in 2018:ZVEI

BERLIN, Feb. 20 (Xinhua) -- China remained the single largest market for products of the German electrical industry in 2018, the German Electrical and Electronic Manufacturers' Association (ZVEI) announced on Wednesday.The value of products export increased by 10.3 percent to 21 billion euros. T...

802 Reading　Update 2019-02-21 10:49:22
▶　China's central bank conducts first CBS

BEIJING, Feb. 20 (Xinhua) -- The People's Bank of China (PBOC) on Wednesday conducted the first central bank bills swap (CBS) operation to support the issuance of perpetual bonds by commercial banks.The CBS, valued at 1.5 billion yuan (around 222 million U.S. dollars), are open to primary dealer...

758 Reading　Update 2019-02-21 10:48:58
▶　China holds zero tolerance attitude toward illegal trade of endangered wildlife, products: FM

China has always attached great importance to the protection of endangered wild animals and plants and strictly fulfilled its international obligations under the Convention on International Trade in Endangered Species of Wild Fauna and Flora, an official said Wednesday. Geng Shuang, spokesperso...

776 Reading　Update 2019-02-21 10:48:03

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