In his apartment in downtown Shanghai the animated-film director Qian Yunda carefully takes out a folder filled with thousands of drafts of scripts and plans of sets for the 1983 animated movie Secrets of the Heavenly Book.
WeChat and Alipay, two major online payment platforms in China, call for consumers to go cashless and cardless in their daily life through promotions in August. Cashlessness is a new Chinese characteristic. In a recent report by Tencent, the Chongyang Institute for Financial Studies at Renmin University of China, and French market research firm Ipsos, 84 percent of Chinese were "comfortable" going out with only mobile phones, no cash.
On a sunny summer day amid green fields in Egypt's Fayoum Oasis, Khaled Abdul Nabi sat under the shade of a mango tree watching his workers preparing lemon grass crops to be exported to Europe.
The Tibetan-language film Soul on a String will be released on Aug 18, two months after the debut of another Tibetan-language hit film. With box office sales nearing 100 million yuan ($15 million) since its release on June 20, Path of The Soul, directed by Zhang Yang, traces the story of a Tibetan family's pilgrimage from Chamdo to Lhasa and the holy Mount Kangrinboqe.
China (Shanghai) Pilot Free Trade Zone (FTZ) is speeding up its exploration of offshore tax arrangements and freeport areas while improving its financial function to play a bigger role in the Belt and Road Initiative.
China's previously buoyant internet TV brands are currently players in their own drama, watching a downturn in the sector this year.
XIAMEN - Young Brazilian businessman Marcos Caldeira is filled with anticipation as the 2017 BRICS Leaders Summit draws near.
Tencent Holdings Ltd, the social networking-to-payment conglomerate, is developing a credit-scoring system.
HONG KONG - China Mobile Communications Corp reported a 3.5 percent rise in first-half net profit after adding new subscribers.
OTTAWA - Feihe International Inc, a leading manufacturer of infant formula in China, said it is ramping up construction of a plant valued at C$300 million ($234 million) in the Canadian province of Ontario. The plant is expected to come onstream in 2019.
BEIJING - China has quickened the pace of opening up its financial market, to spur economic growth, raise financial competitiveness and actively participate in global markets.
Chinese financial technology companies could expand the lendable population from around 200 million creditcard-carrying prime borrowers to around 800 million, according to the latest report of global consulting firm Oliver Wyman.
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Raymond Zhou
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Chen Weihua
