SHANGHAI - About 68 percent of Chinese companies experienced overdue payments in 2016, down from the average of 80 percent over the previous five years, according to a survey on China corporate payments by global credit insurance company Coface.
SOEs' ability to make scientific breakthroughs has been demonstrated by the successful research, development and application of key science and technology projects, such as Huiyan, or "Insight", the country's first hard X-ray modulation telescope, a domestically made aircraft carrier, the Type-055 destroyer, the C919 passenger plane, the sampling of combustible ice at sea and the Fuxing fleet of high-speed trains.
SEOUL - South Korean President Moon Jae-in on Thursday appreciated China's role on the Korean Peninsula issue, saying his country is willing to work closely with China to push forward inter-Korean dialogue facilitated by the PyeongChang Winter Olympics.
SAO PAULO — The Brazilian economy is just starting to recover and expects more investment from China, Sao Paulo Mayor Joao Doria told Xinhua here Wednesday ahead of his visit to China.
Rural areas should seek integration of the development of agriculture, industry and the tertiary sector, whose added value should enjoy a significant rise in its share of township GDP within five to ten years, according to the guideline released by the State Council.
SHANGHAI - The New Development Bank (NDB), a multilateral financial institution set up by BRICS, will expand its loan operations to the private sector next year, its president said Friday.
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SHIJIAZHUANG - Archaeologists have recently discovered a stone carving dating back more than 500 years in northern China's Hebei province.
SOCHI -- Russian President Vladimir Putin said Thursday that his country is ready to further strengthen coordination and cooperation with China to safeguard and promote common interests and global peace and development.
SHANGHAI -- A Chinese insurance company on Thursday issued the country's first tax-deferred pension insurance policy in Shanghai, marking the beginning of the long-awaited tax-deferred pension plan.
SHENZHEN -- South China's metropolis of Shenzhen saw its foreign trade volume edge up 2 percent year on year to 1.88 trillion yuan (6 billion) from January to August, local customs said.