Small, medium cities up contributions to Chinese economy: Report

Small, medium cities up contributions to Chinese economy: Report

MRCM News / 2019-10-09

The economic aggregate of 2,809 small and medium cities on the Chinese mainland reached 76.43 trillion yuan ($10.69 trillion), accounting for 84.89 percent of the national figure, according to a report co-published by institutions including the Small and Medium Citi...

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China's industrial profits drop 2% in August

China's industrial profits drop 2% in August

MRCM News / 2019-10-06

BEIJING - The profits of China's major industrial firms dropped 2 percent year-on-year in August, data from the National Bureau of Statistics (NBS) showed Friday.The decline came after a 2.6 percent rise in July.The decrease in August mainly resulted from the sl...

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Policy banks focus of meeting

Policy banks focus of meeting

MRCM News / 2019-09-30

Chinese policy banks could play a bigger role in launching supportive measures to stabilize the economy in coordination with prudent monetary policy and proactive fiscal measures, according to analysts.A meeting on Sunday of the State Council's Office of Financi...

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24 Solar Terms: 8 things you may not know about Autumn Equinox

24 Solar Terms: 8 things you may not know about Autumn Equinox

MRCM News / 2019-09-29

Autumn Equinox lies at the midpoint of autumn, dividing autumn into two equal parts. After that day, the location of direct sunlight moves to the south, making days shorter and nights longer in the northern hemisphere. The traditional Chinese lunar calendar divides ...

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E-commerce giant strikes gold in cultural creative industries

E-commerce giant strikes gold in cultural creative industries

MRCM News / 2019-09-27

Do you remember the innovative and irresistible starry lollipops, a hit snack that swept China's social media during the past Qixi festival, (aka Chinese Valentine's Day)?The credit for this business miracle goes to Tmall. Backed by Chinese ecommerce behemot...

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Xi hails transformation over 70 years

Xi hails transformation over 70 years

MRCM News / 2019-09-24

President Xi Jinping, also general secretary of the Communist Party of China Central Committee and chairman of the Central Military Commission, and other Party and government leaders, visit an exhibition on the achievements China has made since the founding of the P...

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Jack Ma: Alibaba begins new era as founder departs

Jack Ma: Alibaba begins new era as founder departs

MRCM News / 2019-09-10

Jack Ma: Alibaba begins new era as founder departs   Image copyrightGETTY IMAGESAlibaba chairman Jack Ma is due to step down from the e-commerce giant on Tuesday, marking the end of an era for the firm.He co-founded Alibaba in 1999 and it has become o...

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Getting to Hanover: Tips and services for EMO Hannover 2019

Getting to Hanover: Tips and services for EMO Hannover 2019

MRCM News / 2019-08-21

The world of metalworking is returning to Hanover from 16 to 21 September. This year's theme – "Smart technologies driving tomorrow's production!" – combines conventional metalworking with future technologies, but also promises a variet...

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High-performing transfer machine

High-performing transfer machine

MRCM News / 2019-08-20

The TFL 400 features a three-position revolving tool change system, is equipped with a HSK 63 taper and can also be equipped to house facing heads as well. It is described as highly reliable and capable of changing the tool without chip or coolant contamination from...

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Extinction: Humans played big role in demise of the cave bear

Extinction: Humans played big role in demise of the cave bear

MRCM News / 2019-08-19

The arrival of human ancestors in Europe some 40,000 years ago coincided with the downfall of the cave bear, scientists have revealed.New evidence suggests humans hunted the bear and drove it from caves, putting it on the road to extinction.The fate of the species w...

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