China optimizes freight train service to Budapest

A direct freight train service connecting east China’s port city of Xiamen and Budapest, Hungary, started Monday. At about 10 a.m., a train with 41 containers of electric products, clothes, shoes and construction materials left Haicang station in Xiamen, marking the first trip of the new route, said Zhao Liqiang, chief of the station. Xiamen […]

Tibet’s bottled water output rises

Productions of bottled drinking water in southwest China’s Tibet Autonomous Region has increased steadily, local authorities said. Last year, 800,000 tonnes of water was bottled, up 30 percent year on year, but well short of the target of 1 million tonnes, according to the regional industry and information technology department. The industry generated more than […]

Smartphone maker Xiaomi debuts on Hong Kong stocks

Chinese smartphone maker Xiaomi debuted on the Hong Kong Stock Exchange Monday, the first company which adopts a weighted voting rights with dual-class shares after Hong Kong’s major listing regime reform in 25 years. “We would like to thank the Hong Kong Stock Exchange and the Hong Kong Securities Regulatory Commission,” Lei Jun, founder and […]

Industry-speakers talk about the development of Beijing-Tianjin-Hebei bio-pharmaceutical industry

The Beijing-Tianjin-Hebei Modern Biomedical Industry Symposium was held in Tianjin on the 8th. Participants at the conference said that the key to promoting the development of the bio-pharmaceutical industry in the three places is to focus on their respective advantages. Wu Song, a researcher at the Chinese Academy of Medical Sciences, said that Beijing has […]

China to improve management of state-owned financial capital

China will improve the management of state-owned financial capital to better serve the real economy, guard against financial risks and deepen financial reform. The state-owned financial capital is an important guarantee of promoting national modernization and maintaining national financial security, according to the guideline issued jointly by the Communist Party of China (CPC) Central Committee […]

China lifts ban on exports of British beef

China lifts ban on exports of British beef

China has lifted its longstanding ban on exports of beef from the UK, in a landmark move for British producers estimated to be worth £250 million in the first 5 years alone. More than 20 years after the Chinese government first imposed a ban on British beef in the wake of the BSE outbreak, today’s […]

JD.com commits to selling £2 billion of UK Products

JD.com commits to selling £2 billion of UK Products

From luxury British couture and tea, to chocolate, beauty products, home appliances and other items, UK products have gained popularity in China in recent years. To meet this growing demand, JD.com, China’s largest retailer, has announced plans to sell £2 billion of UK goods to Chinese consumers in the next two-to-three years. The agreement signed […]

China to open vast market to British beef for first time since 1996

China will further open its vast market to Britain as the green light has been given to allow British beef imports for the first time in twenty years.

On Wednesday (31 January), Prime Minister Theresa May met with China’s second most important politician, Premier Li Keqiang, to signal her determination to boost trade with the giant economy.   Speaking in Beijing, Mrs May revealed that British beef would be exported to China for the first time since the BSE, or ‘mad cow’, crisis […]

Huge Success for British Brands on one of China’s biggest E-Commerce sites

Huge Success for British Brands on one of China’s biggest E-Commerce sites

6 Million RMB in sales in just one weekend for 20 brands growing their market in China Twenty leading British brands made a successful first foray onto one of Alibaba’s top online sales platforms in August in an exclusive three-day promotion for UK consumer goods, organised by the China-Britain Business Council (CBBC) in partnership with […]

China’s H1 industrial profits up 11.4 pct

Chinese industrial businesses saw their profits rise by 11.4 percent year on year in the first half of this year, official data showed on Sunday. Total profits of industrial companies with annual business revenue of more than 20 million yuan (3.2 million U.S. dollars) reached 2.86 trillion yuan, the National Bureau of Statistics (NBS) said […]