Fintech wave sparks investment funds

Chinese banks have moved to set up investment funds to acquire overseas financial technology companies, hoping to harness technical innovation in the financial sector, or the so-called fintech wave that is poised to disrupt the traditional banking business.

Tianjin ORAC plans to lift level of innovation

Tianjin ORAC Elevator Co Ltd plans to introduce robots to its assembly line in order to boost efficiency and speed up the pace of its transformation toward intelligent manufacturing.

City boosts finance leasing to help small businesses

Finance leasing is becoming the second-largest source of capital, after bank loans, for small and medium-sized businesses in Tianjin, an industrial and logistics hub in northern China, according to the city's financial watchdog.

Xiaomi instrumental in new Sichuan lender

Chinese smartphone maker Xiaomi Corp is expanding its presence in the finance industry by joining other investors to set up a private bank in southwestern Sichuan province.

Sino-German robots muscle in

When discussing linking Germany's Industry 4.0 and the Made in China 2025 industrial strategies, one of the first things that springs to mind is the robot sector, seen as perhaps the most promising area for cooperation between the two sides.

Shanghai Insurance Exchange launched

The Shanghai Insurance Exchange was launched on Sunday, which, as China's first insurance asset trading platform, will boost transparency and efficiency in the world's third-largest insurance market.

Markets await MSCI decision on A shares

US index provider MSCI Inc is due to announce early on Wednesday whether it will include China's A shares in its Emerging Markets Index. Inclusion would bring funds of $20 billion to $30 billion into the A-share markets.

Helping firms streamline travel expenses

A shimmering satin dress, matching Chanel jewelry, a radiant smile on a lovely face... Elena Donio looks like a fashion icon at first glance. Only, she isn't - she is, in fact, president of Concur, a Bellevue, Washington-based firm that specializes in travel and expense management solutions, and is part of SAP, the software multinational.

On the move

Li Hejun resigns from Hanergy in shakeup

Fanning the flames of innovation

Shanghai has in recent months become a second home for Xie Fayan, a Xiamen-based maker who frequently enters the city to attend exhibitions and showcase Guguji, a small portable printer he created that can be used to print messages and social media content on mobile phones.

More than just a gaming tool

The Chinese virtual reality (VR) market is expanding at a fast pace but experts have called for the technology to be applied to a wider range of sectors besides just entertainment and gaming, saying this is necessary for steady development of the market.

The future of smart wristbands

Liu Shiyuan already wears three smart wristbands, and based on what she found out at the recent CES Asia 2016 Shanghai, it's likely she'll soon have to add a few more.