Biz updates

Digital yuan enters third round of testing

2022-04-06

The orderly expansion of digital renminbi trials in China is expected to advance its research and development and wide-range applications, experts said on Monday, as the nation works to build a robust ecosystem for its digital currency, or e-CNY.
China's second Hualong One reactor set for commercial operation

2022-03-30

Unit 6 of the China National Nuclear Corp's Fuqing nuclear power plant, the second unit of the Hualong One demonstration project, was ready to start commercial operation on Friday, said CNNC, marking the completion of the Hualong One demonstration.
Anta Sports revenue and profits rise strongly

2022-03-29

Xiamen-based Anta Sports Products Limited on Wednesday announced full-year revenue of 49.3 billion yuan ($7.7 billion), up 38.9 percent year-on-year in 2021.
New policy allows residents from Taiwan to register as individual businesses

2022-03-21

Residents from Taiwan can directly apply for registration as individual businesses in Xiamen, Fujian province from March 16.
Industrial Bank receives A rating for ESG performance

2022-03-17

According to a report released by New York-based index provider MSCI, the Industrial Bank has obtained the highest rating of A for its ESG (environmental, social, and governance) performance for three years in a row.
CATL cutting deals to spur battery swapping

2022-03-01

China's largest battery supplier Contemporary Amperex Technology, or CATL, is making progress in the battery swapping industry－a new energy market worth 100 billion yuan ($15.8 billion)－after it launched its battery-swap solution called EVOGO last month.
Fujian exports to Japan benefit from RCEP in Jan

2022-02-17

Since the Regional Comprehensive Economic Partnership agreement took effect on Jan 1, Fujian's export trade to Japan has benefited the most.
RCEP dividend spurs Fujian's foreign trade

2022-02-08

Fujian province is bolstering its efforts to boost foreign trade in the first quarter of the year by guiding companies to make full use of the RCEP agreement and develop international markets.

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