In the fast-expanding sharing economy, online ride-hailing has emerged the most popular service. More than 30 percent of consumers polled for a survey said they have used the service, said McKinsey & Co in a report.
The Asian Development Bank signed its first onshore local currency complementary loan syndication agreement worth $100 million on Tuesday to support Dynagreen Environmental Protection Group Co Ltd in clean municipal waste-to-energy projects with advanced technologies in small and medium-sized cities in China.
BEIJING - CITIC Trust Co, China's largest trust firm, is planning an initial public offering on the domestic stock market to boost its capital, according to sources.
Chinese investors broke records by spending 805 million pounds ($1.01 billion) on property in London's West End in January, around 80 percent of the amount spent by Chinese investors in that market during the whole of 2016.
Major listed coal companies in Shanxi province, the country's largest coal production base, expected to see profit growth in 2016 - thanks to rising coal prices resulting from the nationwide capacity reduction campaign - according to previews of their annual reports.
Marketers are being advised to tap into the demographics of affluent, tech-savvy Chinese Americans whose buying behavior reflects their cultural preferences. A mobile shopping-app company said it believes it knows how to reach this fast-growing group.
Ever-changing technology and booming e-commerce will continue to be a game changer for the vast retail market in the Chinese mainland, with some industries jumping on the bandwagon of sustainable growth while other sectors feeling sustained pressure and struggling to seek a way out.
NAIROBI - Kenya's mango farmers will soon be able to export their produce to China to prevent a price slump amid an abundant harvest, a chamber of commerce official said at the weekend.
Dalian Commodity Exchange is making preparations for the participation of foreign investors in iron ore futures trading, its chairman said on Wednesday in Dalian, Northeast China's Liaoning province.
Stocks held by Evergrande and Foresea decline after firms punished by CIRC
State-owned nuclear giant China General Nuclear Power Corp, the country's largest nuclear operator, listed its applied nuclear science and technology assets on the A-share market on Monday, cashing in on the country's trillion-dollar industry, the company said.
Baosteel, the listed arm of the newly merged China Baowu Steel Group, saw its shares soar by 7.5 percent on Monday, its first trading day after its suspension on January 24, perking up the country's steel sector which has been dogged with overcapacity and ebbing demand.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
