BEIJING - For the first time in six years, China's four largest banks saw their collective headcount drop in 2016. Lenders also cut costs.
The Chinese mainland overtook the United States as the No 1 investment destination in financial technology or fintech, according to Citi GPS, a research team under Citi Group.
Shares in China Unicom Hong Kong Ltd dropped nearly 4 percent on Thursday as investors expressed disappointment over its parent company's signal that the much-expected mixed ownership reform may not involve the Hong Kong-listed firm.
WeChat Pay is expanding into the United Kingdom next month.
Chinese bike-sharing startup ofo Inc will equip its bicycles with BeiDou-enabled smart locks, as part of its efforts to leverage the nation's homegrown BeiDou navigation satellite system to offer better-positioning services.
Shijiazhuang Zhengding International Airport, in the capital's neighboring Hebei province, has seen a 50 percent year-on-year increase of passengers from Beijing during the three-day Qingming holiday.
ISLAMABAD - Gwadar, a previously poorly-known port town in Pakistan, has been rapidly evolving into a new economic engine for the country with the construction of a free-trade zone being co-built with China.
MEXICO CITY/BEIJING - Chinese automaker Great Wall Motor Co Ltd is considering building an auto plant in two Mexican states hit by US President Donald Trump's drive to make US companies invest at home, sources said.
China will play a paramount role in the global green-bond market as the country needs the financing channel to provide capital for environmental improvement projects, analysts said.
Brussels/Washington - China National Chemical Corp won the European Union's antitrust approval for its $43 billion takeover of Swiss pesticide maker Syngenta AG, a day after the US gave its blessing, bringing China's largest foreign acquisition closer to the finish line.
Starbucks Coffee Co, the global coffee chain, has introduced its first single-origin coffee from Southwest China's Yunnan province, in an effort to help local coffee growers boost their income.
iFlytek Co Ltd, a Shenzhen-listed tech firm, is using artificial intelligence to help children in remote areas get a better education.
|
|
|
|
|
|
|
|
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
