介绍:
China's Non-Manufacturing rebounds in August
China's non-manufacturing activity recorded a slight recovery in August, boosted by the service sector.
Statistics authorities say the official non-manufacturing Purchasing Managers' Index has risen 0.2 points from a month earlier to 54.4 in August.
The index tracks business activity in sectors including construction, aviation, railways and real estate.
The service sector accelerated moderately, with its index rising 0.4 points from July to stand at 53.6.
But business activity in the construction sector began to slow down, with its index retreating to 57.7.
Readings above 50 mean expansion.
Economists say component indices suggest a mixed picture rather than a broad-based rebound.
And the economy still faces downside risks to growth in the second half of the year from the property sector slowdown.
WEF's new competitiveness rankings map out global economies
The World Economic Forum has released a new Global Competitiveness Report, saying Switzerland tops the overall rankings of 144 economies.
Singapore came in second, holding its ranking from the previous year. The United States ranks third, moving up two notches from last year.
The latest flagship report indicates China and the ASEAN-5 showed dynamics in competitiveness.
Hong Kong held its berth of seventh, while the Chinese mainland gained one place, rising to 28.
Economists suggest China make more efforts to improve market efficiency.
The competitiveness ranking is based on the Global Competitiveness Index, based on 12 criteria, including innovation, market efficiency, health, and primary education.
The World Economic Forum, which organizes the annual Davos meeting, began measuring economic competitiveness in 2004.
The organization is to hold the Annual Meeting of the New Champions, also known as the summer Davos, in East China's Tianjin on September 10.
Sportswear business suffer loss
Anchor:
Chinese sportswear giant Li Ning has racked up heavy losses through the first half of this year, losing four-fifths of its market value, with customers turning to international brands or cheaper local firms.
At the same time, Li Ning says its going to invest hundreds of millions of dollars a new promotional campaign.
The company has been focusing its marketing strategy on fast-growing areas of sports in China, hoping to attract younger consumers with a mid-range pricing strategy.
However, the strategy has yet to resonate with this country's younger consumers.
For more on Li Ning's marketing position, Paul James has spoken with Benjamin Cavender, principal of China Market Research in Shanghai.
Anchor:
Benjamin Cavender, Principal at China Market Research in Shanghai.
Galaxy Note4 coming out
Samsung will live-launch its Galaxy Note4 during a special media event in Beijing.
The company is holding three simultaneous events for the launch, in New York City, Beijing, and Berlin respectively.
It hasn't released its price point for the new tablet yet.
The details of the devices will be unveiled at 9:00pm Beijing time.
Celeb hacking overshadows apple's upcoming product launch
Apple has started to mend its image after the leak of celebrity photos, ahead of its upcoming product launch next Tuesday.
Cyber-security experts and mobile developers have called out inadequacies in Apple's cloud-services security.
Apple says the hacks are the result of targeted attacks on accounts and not a direct breach of its systems.
The company refers to such attempts as "all too common on the Internet."
But the highly public affair remains one of Apple's worst public crises in years.
BYD unveils new clean-energy car "Black Knight"
Chinese auto maker BYD has released another Hybrid-Power Automobile called "Black Knight".
This is the first energy-efficient car released by a Chinese auto-maker after the government announced preferential purchase tax policies for certain environmentally friendly vehicles.
The "Black Knight" shares the advantages of BYD's Qin series.
Its Hybrid-Power technology can both capture clean-energy and improve fuel efficiency.
The car has attracted customers' attention for its energy-efficiency and low cost.
BYD has been a leader in clean-energy automobile development and promotion in China.
The auto-maker also plans to release their "Dynasty" model vehicle next year.
Car insurers fined for price fixing
An insurance association and 23 insurance companies in eastern Zhejiang Province have been fined a total of 110 million yuan for price fixing. That's nearly 18 million US dollars.
The nation's economic regulator says the Zhejiang insurance sector has violated China's anti-trust law as industry associations must not organize monopoly activities and competitors must not form alliances to fix prices.
大家还在听
