Electric bicycles are likely to become increasingly popular in China, thanks to their convenience, affordability and low environmental damage.
Chinese voice recognition firm iFLYTEK Co Ltd said it will step up overseas investments as the firm aims to accelerate the application of its artificial intelligence technologies in cars, e-learning and mobile internet industries.
Some major retailers are scrambling to work out contingency plans to get their merchandise to stores as the bankruptcy of the Hanjin shipping line has thrown ports and retailers around the world into confusion.
China Investment Corporation is expected to become the world's largest sovereign wealth fund in two years with assets totaling $1 trillion under management by that time, according to its chairman.
Global cosmetic giant L'Oreal is setting its sights on cashing in on China's expanding consumer market, currently the world's second-largest with a total volume of 30 trillion yuan ($4.49 billion), to develop the nation into the group's biggest source of business, according to a senior executive.
It is an inspiring story for many netizens in China. Many years ago, Jack Ma, head of the Alibaba Group, was rejected by KFC when he applied for a job with the fast food chain.
The other day several friends and I were chatting about cupping, a traditional Chinese therapy to relax leg, back and shoulder muscles, when one of them bent down and showed off red marks from the "fire cup" below the back of his neck.
Casual-clothing chain Uniqlo is taking its biggest chance in Southeast Asia.
The Lujiazui Financial City, an integral element in Shanghai's ambition to become a world-leading international financial hub, recently announced reforms to its management mechanism that will help align its operations to international regulations and standards.
The Shanghai Lujiazui Financial City and the City of London Corporation have agreed to jointly explore cross-border investment opportunities after a round table discussion between the two parties.
As part of efforts to support Shanghai's position as the nation-leading financial hub, authorities are continuing their efforts in developing the Lujiazui Financial City.
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