Foreign debit and credit card companies face a long fight with local electronic payment market leader UnionPay as industry supervision is still evolving and customer needs are diverse, experts said.
Editor's Note: This year marks the 70th anniversary of the establishment of the Inner Mongolia autonomous region. In a birthday tribute, China Daily takes a far-reaching look at the region's industries and how they have helped generate growth.
A major Chinese chemical company will increase production of indigo dye to cope with rising demand as it expands its export base.
China's billionaires and successful entrepreneurs are embracing tai chi, a homegrown gentle exercise or martial art characterized by rhythmic circular movements, to boost not just personal well-being but company profits, launch new products and services, and transform corporate cultures.
State-owned, Hohhot-based Inner Mongolia Power (Group) Co Ltd or IMPC, the largest power exporter in North China, is seeking to exploit opportunities presented by the Belt and Road Initiative to go global.
BEIJING - China's major State-owned enterprises will complete corporate governance reform by the end of this year, in an effort to overhaul inefficient companies.
After a recent online video of an MMA, or mixed martial arts, fighter taking down a tai chi master within 13 seconds went viral, netizens engaged in a fierce discussion on whether tai chi could be effective in combat at all and if it would survive more popular modern martial art forms such as kung fu.
BEIJING - If "health is wealth", then yoga and tai chi must be the newest wealth management products in town.
Ex-auto journalist Hu Weiwei drives startup Mobike on its global ride
BRASILIA - China's better-than-expected economic growth is having a positive impact on Brazil's otherwise flagging economy, especially in the primary products sector, said a leading economist.
HAYWARD, California - Stephen Curry pumped his right fist, raised his putter in the air and gave a firm shoulder bump to caddie Jonnie West, his golf partner on road trips with the Golden State Warriors.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
