IN BRIEF (Page 18)

Xiaomi, Oculus in VR set deal

Oculus, the virtual reality or VR equipment maker backed by Facebook Inc, is partnering with smartphone vendor Xiaomi Corp to crack the Chinese market, as part of their joint push to allow more people to experience high-quality VR at affordable prices.

French search engine entering China market

French search engine Qwant said on Tuesday that it will tap into the Chinese market and will set up its official website in China in the coming four or five months, as the two countries further strengthen their cooperation in emerging fields including technology.

Nanjing may inspire cities to ease home-buying policy

More cities in China may follow Jiangsu province's Nanjing in easing property policies to attract talent, but the move does not mean that home purchase restrictions will be relaxed nationwide, analysts said.

Tianhe to run 1 quintillion per second

Scientists have set an ambitious target for China's Tianhe-3 supercomputer to meet by 2020, the goal of making a quintillion calculations per second.

Clean coal efforts gather momentum

China has set up a massive coal chemical project in Ordos, the Inner Mongolia autonomous region, marking another step in the diversified and clean use of its abundant coal reserves.

Younger Chinese drawn to e-course options

BEIJING - Every day, Huang Wei does a 10-minute economics study course, as she wants to increase her business acumen to engage more farmers in protecting ancient kiln sites. The ceramic expert has set up an eco-agriculture cooperative called "The Porcelain Farmer" in Jinkeng, a village eight kilometers east of Jingdezhen, China's porcelain capital, in Jiangxi province.

Regulators tighten rules for bond trading to curb risks

China's financial regulators have tightened rules for bond trading, a move that may exert short-term selling pressure on the bond market but will help reduce excessive leverage and curb risks in the country's financial system, analysts said.

New China fund to guide trade in services

China last week launched its first national fund to guide efforts to boost the service trade, based on innovation and sustainable development, and to push economic transformation, the Ministry of Commerce announced on Monday.

Consumer loan product boom may fizzle out on debt norms

Boom in China's consumer loan securitization could pause this year as regulators target lenders' high debt levels and limited asset disclosure.

Digital economy gives quality edge to growth, innovation

BEIJING - A booming digital economy is reshaping China's economic landscape as the spread of technology such as big data and artificial intelligence or AI revives traditional industries and casts new light on high-quality development.

Realty firms enter home rental market

About one-third of China's top 30 property companies have entered the long-term home rental market, according to a report from CRIC, a real estate research services provider.