Rule change to curb risks for insurers

China's insurance regulator on Wednesday significantly revamped the rules that regulate the shareholding of the country's insurers, aiming to increase their ownership transparency and resolve acute problems such as fake capital injection and illegal shareholding entrustment.

Sanpower unit selling controlling stake in UK firm House of Fraser

The Chinese owner of struggling British department store chain House of Fraser intends to sell its majority stake to another company from China, according to a Chinese stock exchange filing.

IN BRIEF (Page 16)

Online classes bring joy to rural students

A teacher, a stick of chalk and a blackboard.

Biscuits delivered with love

It is said that there is no such thing as a free lunch, but students from four primary schools in Yunnan province are getting free breakfast from Shanghai - in the name of love.

PepsiCo, women's foundation help alleviate poverty in Yunnan

Food and beverage retailer PepsiCo China and the China Women's Development Foundation jointly launched their 2018 "Bring Happiness Home Postal Parcel for Mothers" charity campaign on Feb 8 to help poverty-stricken mothers in Dongchuan district, Kunming, Yunnan province.

IN BRIEF (Page 18)

Reforms to boost tech listings

China's securities regulator will continually reform the country's stock market listing system to support the development of new technology and innovative industries, a top official said on Tuesday.

iFlytek developing AI-enabled system for legal purposes

Leading artificial intelligence company iFlytek Co Ltd is developing an AI-enabled system to assist courts in judging criminal cases, as the company steps up its push to accelerate the commercial application of its technology.

Dongfeng to mass-produce self-driving cars by 2020

Chinese carmaker Dongfeng Motor Corp is planning to mass-produce self-driving cars by 2020, which is part of the company's larger goal of ensuring a smart future, said a top executive.

Hangzhou turns 'destination of choice' for talent

Hangzhou is rapidly emerging as the most attractive destination for talents who have left China's first-tier cities, as the capital of Zhejiang province has done a good job in cultivating innovation-driven startups, a new report said on Tuesday.

Hair product makers eye big opportunities in Africa

SHANGHAI - Chinese companies have found Africa offers a large market for hair relaxer products and are looking to invest in production on the continent, according to industry insiders at the ongoing 28th East China Fair held in Shanghai.