Indeed, the economy has been able to find new areas of growth through continued rebalancing, a vibrant tech sector and new sources of business for traditional heavy industries in Central Asia and elsewhere as a result of the Belt and Road Initiative. There have been setbacks such as a major stock ma...

China should continue to open up its economy, reform its exchange rate system and ease capital account controls, Zhou Xiaochuan, governor of the country's central bank, told Chinese business magazine Caijing in an interview. Zhou said the timing of reforms is very important and that the window of op...

URUMQI — The State Grid Corporation of China (SGCC) will invest 82.6 billion yuan ($12.8 billion) to improve the power grid in the northwestern Xinjiang Uygur autonomous region. According to an agreement signed by the SGCC and the regional government on Friday, power transmission projects featuring ...

A delegation from MBL China Consulting, a Beijing-based company specializing in purchasing and sales, toured the Urumqi Economic and Technological Development Zone (Toutunhe District) on Aug 8.Led by Mo Ke, general manager of MBL China Consulting, the delegation visited the Urumqi International Land...

Updated: 2017-08-03The second phase of Suning's logistics base in the Xinjiang Uygur autonomous region is under construction at the Urumqi Economic and Technological Development Zone (Toutunhe District), local media reported on July 27.Suning, China's largest retail service enterprise, pledged to in...