Information technology deployment by Chinese lenders is expected to increase over the next three years to cope with the challenges and opportunities arising from the rapid development of financial technologies or fintech, according to a new survey.
Switzerland-based Nestle SA, the world's largest food and beverage company, is planning to sell one of its dairy factories in China to a third party, according to an industry insider, as part of the company's efforts to reduce its local output of raw milk powder.
A conventional and an emerging carmaker have joined hands in Guangzhou to market what may be the first mass-produced electric vehicle by a Chinese technology startup, in hopes of boosting the companies' value.
Shares of Unisplendour Technology Holdings Ltd surged by about 120 percent mid-day before the rise narrowed to about 64 percent on Thursday, after it acquired shares in Legend Holdings and Semiconductor Manufacturing International Corp.
A growing number of Chinese cities have released plans to develop urban rail transit systems, especially subways, which are known for their safety and speed, to ease traffic, boost employment and push the pace of urbanization.
After securing their position as leaders in the world's high-speed train markets, Chinese train makers are now eyeing the urban transit manufacturing sector - pushing more low-cost, smart mass transportation models at home and abroad, competing with rivals in Germany, Canada and Japan.
When China's first subway, Beijing Line 1, went into operation in 1969, underground trains had been running beneath London for 106 years.
After a topsy-turvy year, China's bike-sharing industry saw a flurry of activities with a Shanghai-based firm getting funds from a consortium led by Chinese conglomerate Fosun.
Chinese logistics giant SF Express carried out its first demonstration flight using drones to deliver emergency supplies at an airport in southwestern Yunnan province on Tuesday.
New listings in the A-share market rose 92 percent from a year ago in 2017 with 436 companies raising fresh funds of 230.4 billion yuan ($35 billion) in the Shanghai and Shenzhen bourses, said a new report.
Eight years ago, the charity arm of the world's largest snack company Mondelez International and the China Youth Development Foundation launched a "Hope Kitchen" program.
The Global Fund, a Geneva-based financial association that supports the fight against AIDS, tuberculosis and malaria, said in Beijing last month that there is significant potential to further cooperate with Chinese pharmaceutical companies.
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Raymond Zhou
Op Rana
Berlin Fang
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Huang Xiangyang
Chen Weihua
