China announced on Friday it will launch direct trading of its currency yuan with the riyal of Saudi Arabia and the dirham of the United Arab Emirates, on its inter-bank foreign exchange market.The move will bring the number of foreign currencies that are allowed di...

China is considering changes to its mineral deposit classification and reporting rules to bring them in line with international standards and open up its mining sector, government officials have said.Mining is an important sector for China's opening up, said Yu ...

The ongoing China-Russia naval exercise in the South China Sea should not be taken out of context by other countries since it is a regular annual drill and does not target a third party, a senior Chinese navy officer said."Some people and countries are pointing...

China's decision to cut tariffs on a wide range of technology products would help push the country's industrial innovation, analysts pointed out.Starting Thursday, China, the world's largest IT products exporter, would cut import duties on 201 IT product...

A large piece of airline debris found off the coast of Tanzania and examined in Australia has been determined to be from missing Malaysia Airlines flight MH370, authorities have confirmed.A statement from the Australian Transport Safety Bureau (ATSB) confirmed the p...

The world's first e-commerce satellite is scheduled to be launched in 2017.According to China Economic Net, Juhuasuan.com, a group shopping website affiliated with Chinese e-commerce giant Alibaba Group, recently announced plans to launch the world's first e...

China will review anti-subsidy duties levied on potato starch imported from the EU as they are due to expire, the Ministry of Commerce announced on Wednesday.The review was requested by China Starch Industry Association over concerns that should the duties be scrapp...

Many more Latin Americans are plugged into the Internet than ever before, according to a study released this week by a United Nations agency.Between 2010 and 2015, the percentage of Latin American households connected to the Internet nearly doubled, to 43.4 percent,...

The International Energy Agency (IEA) on Wednesday launched here its first detailed report of global energy investment, with China singled out for praise.In the first detailed analysis of investment across the global energy system, the IEA reported that global energ...

Firm says nation may become first $1 trillion plus aviation marketBoeing Co said on Tuesday that China is now the most dynamic market for internat...