Both the Chinese mainland and Hong Kong continue to experience a slowdown in spending on luxury goods, with a slowing economy dampening consumer confidence, said David Lung, managing partner, consumer products and retail sectors, Deloitte China.
Cross-border e-commerce consumers in China should no longer worry that product prices may rise due to new regulations on taxes, leading industry players have reassured.
Chinese company seeks to transform production line with robot tech
State Grid Corp of China's ultra-high-voltage technologies have become key to the expansion of the company's presence in Brazil, according to an energy expert.
Honeywell International Inc, BMW AG and General Electric Co have one thing in common: Some air conditioning and refrigeration parts used in their products come from the same supplier, China's Sanhua Holding Group.
As the international mining industry has hit increasingly hard times, domestic heavy-duty equipment manufacturers have worked harder to explore fresh opportunities in the global market.
Thin-film power giant Hanergy Holding Group Ltd introduced four full-solar power vehicles in Beijing on Saturday, in a bid to expand its business scope and enter the country's promising new-energy vehicle industry.
The number of initial public offerings and the amount of funds raised in China's A-share market fell sharply year-on-year during the first half of 2016, according to statistics released by PwC on Monday.
Investment bank China International Capital Corp and brokerage China Investment Securities Co, firms with 186 billion yuan ($28 billion) of combined assets last year, are in talks on a possible merger, people familiar with the matter said.
These days, when people over 80 in Beijing take a bus, see a doctor or spend money, their activities are digitally tracked by the government, as part of an effort to improve services for the country's rapidly growing elderly population.
China's startups are vying against big companies for the best minds as the country pushes for entrepreneurship and innovation-driven growth. Startups offer the prospect of realizing one's dreams, leading many to give up high-paying jobs at established firms, according to investors and entrepreneurs last week at a meeting of the World Economic Forum in Tianjin in North China.
Wu Zhendong sees himself as something of a wine buff. The 25-year-old lawyer from China's western city of Chengdu is a member of his local wine club, likes to drink Chateauneuf-du-Pape - and now, like many of his peers, buys most of his wine online.
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