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Shanghai tightens financial sector supervision

[2018-01-12 07:37]

Shanghai is considering to increase regulatory function to its existing municipal financial service office and is researching possibilities to set up a specialized financial court to better supervise the financial market, said a senior official on Thursday.

What's news

[2018-01-12 07:37]

PBOC injects funds into money market

Huawei, ZTE showcase futuristic 5G technologies at CES

[2018-01-12 07:37]

The 5G, or fifth-generation, ambitions of China's top telecom-equipment-makers - Huawei and ZTE - are on display this week at the Consumer Electronic Show in Las Vegas.

Consumer inflation stays within target in 2017

[2018-01-11 07:47]

China's consumer inflation increased by 1.6 percent last year, lower than the yearly control target of 3 percent. Analysts said it will moderately rise by over 2 percent this year, but will not trigger any major monetary policy adjustment.

Environmental tax to help China fight pollution

[2018-01-11 07:47]

China will levy tax on businesses and public institutions that discharge pollutants from April onward, based on the country's Environmental Protection Tax Law, which came into effect on Jan 1.

Ratings snub raises questions about Wanda's financial health

[2018-01-11 07:47]

The liquidity position of Dalian Wanda Commercial Property Co Ltd, the property developer owned by Chinese billionaire Wang Jianlin, has drawn market attention and raised questions about the developer's financial health after its credit ratings were cut to junk.

Guizhou firm to handle Apple iCloud services in Chinese mainland

[2018-01-11 07:47]

Apple Inc's iCloud services on the Chinese mainland will be operated by a local company from Feb 28, marking the latest push by the United States tech giant to meet local consumers' growing demand for better cloud services.

Online quiz apps gaining ground

[2018-01-11 07:47]

Livestreaming quiz applications are witnessing an explosive surge in China by drawing in a record number of participants in just a few days, making it the next growth frontier of the livestreaming sector in China.

BYD demonstrates self-driving SkyRail system

[2018-01-11 07:47]

China's biggest electric carmaker BYD on Wednesday officially showed the world its automatic driving technology with the launch of a self-driving monorail system in Yinchuan, capital of the Ningxia Hui autonomous region.

E-commerce firms make headway in stamping out counterfeits

[2018-01-11 07:47]

E-commerce giant Alibaba Group Holding Ltd made considerable progress in stamping out counterfeit goods on its online shopping portal Taobao in 2017, as consumer requests for return of goods fell 29 percent from the same period in 2016, a new report said.

What's news

[2018-01-11 07:47]

Govt and policies

Wenzhou getting back to business

[2018-01-11 07:47]

Wang Jun, a scarf manufacturer and exporter in Wenzhou, a city in East China's Zhejiang province, didn't expect his boutique business stand to wind up applying for a third design patent.

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