Chinese internet giant Baidu Inc officially unveiled its latest plans in the burgeoning field of artificial intelligence, including "Baidu Brain", which simulates the human brain with computer technology, and a partnership with Nvidia Corp to develop driverless vehicles.
China's new free trade zones are expected to create new growth momentum to develop the service, logistics and high-end manufacturing sectors via foreign investment and domestic support in both inland and costal provinces, business experts and officials said on Thursday.
Some voice concerns that market-oriented reforms are needed
China Zhongwang Holdings Ltd, Asia's biggest aluminum extrusion product manufacturer, said the first production line of its Tianjin plant will go on stream by the end of this year, which will help the firm tap the prosperous lightweight auto market.
The year 2017 will be the 60th anniversary of Hyatt, which was founded by Chicago billionaire Jay Pritzker in 1957, when he acquired the Hyatt House motel adjacent to the Los Angeles International Airport.
Start with the shoes but move on from there - that's the plan at Foot Locker Inc.
Xiaomi Corp unveiled a smart vacuum cleaner on Wednesday, in another move to seek new growth engines as the Chinese smartphone vendor wrestles with tumbling phone shipments and mounting competition.
Beijing-based Didi Chuxing announced on Wednesday that it had signed a strategic partnership agreement with nearly 50 taxi companies from more than 10 cities, including Beijing, Shanghai and Shenzhen, to explore ways to help upgrade the taxi industry.
A-share listed companies with consumption-driven business were among the most profitable, while those suffering from overcapacity and shrinking market demands have been struggling with significant losses, according to analysis of the latest financial interim reports of the 2,500 A-share listed companies.
iRobot Corp, the US-based robotic technology solutions provider, which is known primarily as a maker of robot vacuum cleaners, is planning to triple or quadruple its investment in the Chinese market next year, in view of its average annual growth rate of 70 to 100 percent in China.
JPMorgan Asset Management and ING Bank NV see an opportunity in the exodus from European shares brought on by Britain's secession vote.
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Raymond Zhou
Op Rana
Berlin Fang
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Huang Xiangyang
Chen Weihua
