BEIJING : China's industry ministry on Monday outlined a series of actions aimed at helping its power equipment industry achieve annual growth of 9 per cent this year and next, by stepping up domestic purchases and boosting exports. China is the world's top producer of many types of electrical power equip
BEIJING : China's industry ministry on Monday outlined a series of actions aimed at helping its power equipment industry achieve annual growth of 9 per cent this year and next, by stepping up domestic purchases and boosting exports.
"Despite the vigorous demand, in the short term, the industry's revenue growth in the second half of the year is under pressure to fall, while uncertainties remain in the overseas environment," it said. It said it will accelerate the launch of verification platforms for large-scale wind turbine blades and will support innovative products.
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China's state planner to set up special bureau to support private economyBEIJING : China's central government has approved setting up a special bureau within the National Development and Reform Commission (NDRC) to promote the development and growth of the private economy, the NDRC said on Monday.The bureau will be responsible for devising policies to promote the development o
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China's Moutai, Luckin launch alcohol-tinged latte to woo young Chinese consumersBEIJING — Kweichow Moutai and coffee brand Luckin Coffee on Monday (Sept 4) launched in China a latte advertised as containing the fiery Chinese spirit baijiu, as the Chinese luxury liquor maker aims to pull in more younger consumers.
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China's Moutai, Luckin launch alcohol-tinged latte to woo young Chinese consumersBEIJING - Kweichow Moutai and coffee brand Luckin Coffee on Monday (Sept 4) launched in China a latte advertised as containing the fiery Chinese spirit baijiu, as the Chinese luxury liquor maker aims to pull in younger consumers. The 38 yuan (S$7) 'sauce-flavoured latte', which Luckin discounted to 19 yuan on the first day of sales, was one of the...
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‘We have clients all year round’: New railway line brings Chinese travellers to ancient Laos town1,000km Laos-China Railway connects Chinese city Kunming to Laos' capital Vientiane.
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Typhoon Saola slams southern China after battering Hong KongHONG KONG: Typhoon Saola swept across southern China on Saturday (Sep 2) after tearing down trees and smashing windows in Hong Kong, although the megacity avoided a feared direct hit from one of the region's strongest storms in decades. Tens of millions of people in the densely populated coastal areas of s
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Asian Insider Special Podcast: Listen to a trip on the Laos-China Railway, one year onJoin us along the Laos-China Railway, as we unveil the changes it has brought to people and places. Read more at straitstimes.com.
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