Walmart China is getting smaller in terms of store size to improve its efficiency and enhance convenience for shoppers.
Strong economic data and increased demand are driving up copper prices in China after they slumped by nearly 10 percent earlier this year.
New owner COSCO to operate shippers as two brands under one group
China Everbright Bank will relocate its European business to Luxembourg after the United Kingdom leaves the European Union, which could be as early as 2019.
China's artificial intelligence-focused startups received record financing of 19.3 billion yuan ($2.87 billion) in the first half of 2017, with mid-and late-stage deals dominating across the period, according to a recent report.
BEIJING - Once known as the "world's factory" for producing cheap goods, China is relentlessly moving into an advanced stage in manufacturing upgrades at a time when the real economy matters like never before.
BEIJING - This year marks the 200th anniversary of the birth of bikes.
Industry, business and professional associations in China will soon formulate and adopt standards for their respective sectors, which is an organizational innovation, industry insiders said.
CHONGQING - Paying for your groceries by scanning a QR code on your smartphone is a perfectly normal thing to do in China today. As cold hard cash appears set to vanish into the mists of time, it seems that the cashiers are about to evaporate too.
Improved asset quality may spin higher profits of around 700 billion yuan in first half
With more banks offering services for inclusive finance, companies offering credit reporting systems based on big data analysis will benefit, said analysts.
When Wang Fulin visited London it was not Buckingham Palace, the Tower of London, black taxis or red doubledecker buses that left the deepest impression on him.
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