On July 15, EMVCo, an association facilitating standards in worldwide interoperability and acceptance of secure payment transactions, released QR code specification for payment systems, providing one of the first globally interoperable technical solution for QR code payment.
WeChat Pay, the mobile payment tool developed by internet major Tencent Holdings Ltd, is accelerating overseas expansion as it narrows the gap with first-mover Alipay in China's red-hot digital payment arena.
Chinese travelers are spending 28 percent of their income on average on international travel, with the millennials (those born in the 1990s) being the biggest spenders, allocating 35 percent of their income to travel, according to an industry survey.
The competition in China's multibillion-dollar mobile payment market has intensified with Apple Inc stepping up efforts to challenge the dominance of Alibaba Group Holding Ltd and Tencent Holdings Ltd.
Petrochemicals and their applications have pride of place in this energy-hungry world - and anyone who can help produce clean, cost-efficient energy will enjoy added significance, more so in large, populous countries such as China.
BEIJING - Every evening, workers gather in the Shenzhen Industrial Park in Kashgar, Xinjiang Uygur autonomous region, waiting for buses to take them home. Companies based in the park, including electronic components makers and clothing manufacturers, have hired more than 3,000 workers from nearby villages and towns, making the industrial park one of the most bustling areas in the region.
BUDAPEST - Fu Yuanhui suffered a "heartbreaking" defeat to Brazil's Etiene Medeiros in the women's 50m backstroke at the World Aquatics Championships on Thursday as one hundredth of a second cost her gold.
MIAMI - The new La Liga season is still weeks away, but try telling Miami that Saturday night's El Clasico at a sold-out Hard Rock Stadium is meaningless.
Stephen Curry reckons the NBA champion Golden State Warriors can fend off their beefed-up challengers next season and bag a third title in four years.
Stephen Curry has promised to bring some oriental flare to the basketball court after picking up some tai chi moves during the Hangzhou leg of his recent China tour.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
