Chinese e-commerce is set to grow by 15 percent by 2020, cementing its position as the biggest e-commerce market worldwide, according to a report issued by Worldpay, a leading payments company with global reach.
Chinese electronics company TCL Corp was at CES on Wednesday with a plan to revive BlackBerry handsets knocked from the mobile phone throne by Apple and Google.
Seven domestic and overseas companies have joined iCarbonX's Digital Life Alliance, with the aim of deepening people's understanding of their health and enabling them to lead healthier lives with the help of advanced technology.
The yuan registered the biggest gain in a year in overnight trading in the offshore market on Thursday as the dollar weakened and China's monetary regulators strengthened scrutiny of foreign exchange purchases.
Investors are showing stronger willingness to invest northbound, toward Shenzhen using the new Shenzhen-Hong Kong stocks link, according to figures for first full month of trading, as of Thursday. However, market analysts expect that the southbound flows, toward Hong Kong, are likely to be larger in the first half of this year.
Maersk Line A/S, the world's largest container shipping line, has teamed up with Alibaba Group Holding Ltd to allow customers to reserve space on its vessels through the Chinese company, illustrating growing cooperation between e-commerce and logistics firms.
Jaunt Inc, a Californian virtual reality software startup, is aiming to shoot, produce and distribute high-quality VR content for the Chinese market.
State Grid Corp of China has asked the Brazilian government and regulators to speed up environmental licensing of a planned power line connecting to the Belo Monte dam in the Amazon forest, according to official documents and a source with direct knowledge of the matter.
The growth rate of China's peer-to-peer lending transaction volume dropped by nearly half in 2016, as the industry faced reshuffling amid a slew of compliance regulations.
The head of China's third-biggest search engine Sogou said he expects his company to launch a US initial public offering with a valuation of as much as $5 billion - as it raises cash to close the gap with leader Baidu Inc in the mobile market.
Stocks of Chinese major paper mills continued to rise on Wednesday, as analysts remarked about the good prospects for the industry.
Chinese mainland shares climbed to a three-week high, led by an advance in rail companies and liquor makers.
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Raymond Zhou
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Chen Weihua
