Online spending in China amounted US$37.41 billion (RMB256.07 billion) in the first half of the year, the China Securities Journal reported, citing a report by the Data Center of China Internet. DCCI expects spending to hit US$85.81 billion (RMB587.4 billion) for the full year, up 47.3% on a year earlier. China had 221 million online users as of the end of J...

China West Airport Group said Monday it would team up with Frankfurt Airport and China Airport Investment Co to set up a joint venture to manage Xianyang Airport in the city of Xi’an, the capital of western China’s Shaanxi province, the China Securities Journal reported. West Airport will hold a 51% stake in the US$292.18 million (RMB2 billion) j...

Vice commerce minister Gao Hucheng said the government planned to address difficulties in the garment sector after exports grew just 3.4% year-on-year to US$49.96 billion in the first half of the year, 18 percentage points slower than a year earlier and well below the 21.9% growth rate posted for the entire foreign trade sector, the China Securities Journal ...