Traditional financial services providers must grasp technology to avoid seeing their market share erode by challengers
A few days ago, legislators adopted an amendment to the law on commercial banks, removing a stipulation of a 75 percent loan-to-deposit ratio.
People always complain about China's lack of transparency in economic information. But there are two types of opaqueness in a time of transition.
Apple Inc's nothing-to-be-excited-about product rollout on Thursday made the world wonder if the electronics giant is losing its innovation power - and worse, its grasp of the Chinese market.
It seems that just like Siri's hint, Apple's fanatics are definitely the kids who sneaked downstairs to open presents early, and I think, unsurprisingly, I am one of them.
Despite shrinking shipments, Apple Inc launched a bigger version of its iPad on Thursday, positioning it as a product different from a tablet or a laptop.
Chinese smartphone manufacturer Oppo Electronics has signed a three-year sponsorship deal with Spain's FC Barcelona soccer team, in a move that will help the company enter the European market and strengthen its foothold in Asia.
Premier Li reiterates commitment and determination to push ahead with reforms
China's companies need to work with foreign firms to develop personalized products that cater to domestic demand as the nation enters the middle-income bracket, Premier Li Keqiang said at the opening of World Economic Forum's Annual Meeting of the New Champions in Dalian on Thursday.
Tsinghua Holdings, a technology conglomerate backed by Tsinghua University, is setting up China's first technology transfer fund with an initial investment of 500 million yuan ($78.42 million) to foster innovation in the high-tech sector.
Health-related issues have become a key focus at the Annual Meeting of the New Champions of the World Economic Forum, widely known as Summer Davos, in the northeastern port city of Dalian.
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