Ant Financial Services Group, the operator of China's most used mobile payment service Alipay, will soon enable its hundreds of millions of Chinese users to enjoy data-driven in-store payments in the United States - the latest effort made by the digital financial service giant in its moves to go global.
The fast-developing local aerospace industry has given rise to growing demand for independently developed high-performance graphite - a major carbon material used in aerospace projects - according to a top executive at Harbin Electric Carbon Factory.
Baosteel Group, the largest steel smelter in China by output, has predicted yearly profit growth of six to eight fold this year.
China is expected to reach the annual targets set for cutting overcapacity ahead of schedule this year, but pressure of excessive production suggests no easing up on the continued efforts.
China's stocks extended gains to a nine-month high, on optimism the government will boost spending on infrastructure and that efforts to curb property price gains will send money back into equities.
State-owned enterprises directly under the supervision of the State-owned Assets Supervision and Administration Commission have reached the goal of trimming their overcapacity this year, well before the end of 2016, according to a top official of the commission.
The inclusion of the yuan in the Special Drawing Rights basket of the International Monetary Fund will bring great business opportunities to commercial banks with an integrated platform serving clients onshore and offshore.
Dairy giant Inner Mongolia Yili Industrial Group Co Ltd saw its shares surge on Monday, the first day it resumed trading after its announcement that it will acquire China Shengmu Organic Milk Ltd and plans to expand in the high-end milk products market.
Betting against a loss-making Chinese milk producer is turning into a painful trade for short sellers.
Asian stocks climbed as Shanghai equities rallied to a nine-month high and investors braced for a busy week of earnings across Japan, China and the United States.
On a recent afternoon in northern Beijing, Chinese 20-somethings lean over a long blond-wood table in a retail store, examining colorful smartphones and fitness bands.
China is on the cusp of a scrap wave that will return metal from aging cars and expired fridges to the supply chain in a growing threat to mining companies, according to Chiho-Tiande Group Ltd, a top recycler, which is taking over one of the biggest and oldest names in Europe's scrap business.
|
|
|
|
|
|
|
|
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263 Registration Number: 20100000002731 
Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
