Chinese insurers saw record growth in premium revenues in the first quarter but their profitability will likely be challenged by the slowing economy and the volatile capital market, the Chinese insurance regulator said on Tuesday.
The internet financial services affiliate of e-commerce conglomerate Alibaba Group Holding Ltd announced on Tuesday that it has raised a record $4.5 billion in a new round of funding to bankroll its global expansion.
Carmaker's 2015 sales topped $12b thanks to boom in new-energy vehicle sector
Royal Philips NV will deploy more healthcare solutions in a number of areas in China this year as the country copes with a surge in chronic diseases brought on by an aging population, company executives said.
Porsche AG is building a lineup of environmentally friendly cars as part of its future-oriented sustainable development strategy, said its top executive during the Beijing auto show.
VMware Inc, a California-based cloud and virtualization software provider, is ready to "move forward quickly" in China as the country moves "aggressively" in its digital transformation, said company CEO Pat Gelsinger.
Tech firms revolutionize sector by partnering with public hospitals and acquiring private ones
Iconic British auto manufacturer Jaguar Land Rover will light up Auto China 2016 in Beijing on Monday with its latest eight models, all of which symbolize both the company's market preeminence and commitment to providing Chinese customers with the ultimate driving experience.
As internet heavyweights scramble to expand the online healthcare sector, a tech company in southwestern Guizhou province is aiming to carve out a unique presence for itself in the fiercely competitive industry.
Low funding cost encourages cash-flush companies to go on an M&A spree
DHL Supply Chain eyes massive size so it could support industry development
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