Consumer confidence index in the first quarter reached its highest level in the past 10 years, buoyed by an improved macroeconomic outlook and better employment prospects, Nielsen's latest survey showed on Thursday.
More than 10 companies, including auto and white goods manufacturers, have expressed their interest in seeking financing through D-share listing in Germany, according to sources.
Cainiao Network Technology Co Ltd, the logistics affiliate of Alibaba Group Holding Ltd, has announced plans to make the nation's delivery services "green" by 2020.
China is seeking to bring various financial institutions, international enterprises and funding sources together to get projects rolling in economies involved in the Belt and Road Initiative, said senior executives at Standard Chartered Bank.
China is including domestic processors in its government procurement plans, as the nation steps up its effort to promote the application of homegrown chips in government agencies and State-owned enterprises.
The departure of Baidu's chief operating officer Lu Qi may lead to a setback to the Chinese internet search giant's push into artificial intelligence, as the company aims to diversify away from its search engine business and double down on AI as its core strategy, analysts said.
China's banking and insurance regulator issued guidelines on Monday that stipulate higher data governance requirements for banking institutions.
JiaYi Education is planning to open British-style preschools in China and acquire more childcare centers in the United Kingdom, following its recent purchase of Devonshire-based nursery group Bambinos, a company associate said.
China is shaping up to be the largest spender on public cloud services in the Asia-Pacific region, with the adoption of cloud-computing services seeing triple-digit growth year-on-year in the quarter that ended in March, according to a report by Tencent Holdings Ltd.
The steady progress in the MSCI's inclusion of Chinese A-shares is expected to bring in more long-term institutional investors, and improve the market structure and investment practices of the nation's stock markets, experts said.
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Raymond Zhou
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