Around supper time one evening this winter, machines at a tea factory in Xiadang, a small village surrounded by mountains in north Fujian province, were still rolling.
Rapid development of financial technologies, or fintech, has innovated ways of achieving inclusive finance, but it has also brought in its wake new challenges on the regulatory front, industry insiders said.
A 20-minute ride on a steamboat from the wharf of the Sandu Gulf port area in Ningde, a coastal city in Fujian province, is all that is needed to reach the fishery owned by fisherman Zheng Xiangan, 39, who has just received about 1 million yuan ($154,000) from consumers and fish sellers through a local bank's mobile app.
Even without launching a single drug, BeiGene Ltd, a Chinese commercial-stage, research-based biopharmaceutical company listed on the Nasdaq Stock Market, saw its share price surge 220 percent last year, from $30 to $97.
BEIJING - China is just past a difficult year in 2017. Beginning this year, it is on a new journey toward a more efficient and open economy.
"East-to-West Innovation" - the phrase may be a mouthful but it rolls smoothly off Vishal Bali's tongue as if it were some butter.
Former Chinese international goalkeeper Wang Fei said earlier this week that she is aiming to perform at her best in Germany after being introduced into the FC Bayern Munich women's side last month.
MANCHESTER, England - Jose Mourinho has laughed off the suggestion that his decision to live in a city center hotel shows a lack of commitment to his role as manager of Manchester United.
Far be it from me to challenge the trendy fitness gurus who insist that training on the likes of tofu and tomatoes is the way to go, but it's simply not true.
The nation's top financial regulator has suggested that local governments encourage bitcoin miners to gradually reduce production of the cryptocurrency until finally quitting the business, a signal of an upgraded campaign to crack down on financial risks arising in the fast-developing fintech sector.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
