China is embracing a massive influx of returnees, as a growing number of overseas-educated graduates return to the country to seek job opportunities, a recent report found.
The local government of the Inner Mongolia autonomous region has confirmed its goal to cut 11 million metric tons of annual coal production capacity in 2018, while ensuring the market remains steady with a supply of premium products.
Chinese stocks gave up early gains to close at a two-year low on Monday, as a reserve requirement ratio cut could not outweigh weak sentiment from trade tensions, the weakening yuan and deleveraging efforts.
China's quickened reform of the A-share listing mechanism is set to lure more overseas listed unicorn companies back to the mainland capital market, according to a survey by consultancy PricewaterhouseCoopers released on Monday.
Independent compliance consulting firm ComplianceAsia announced the opening of its first Chinese mainland office in Shanghai on Monday, addressing the market's rising demand for compliance advice.
Anheuser-Busch InBev, the world's biggest brewer by production volume, will convert half of its plants in China into solar-powered factories by 2020, to increase the share of non-fossil energy in the country, said a senior executive.
Intersport Co Ltd, one of the world's biggest sporting goods retailers, and Tmall, Alibaba Group's online marketplace for established brands and retailers, forged a partnership in May to integrate e-commerce and physical sportswear stores in China through digital technologies.Their partnership will apply the idea of Snow White's magic mirror to real-life shopping scenarios.
The list of fast foods that can be bought online in China, which includes restaurant deliveries, takeaways, burgers, pizzas and the like, just got longer with the entry of hand-made stuffed pastries like pineapple cakes.
Within days of receiving regulatory approval, six Chinese asset managers have succeeded in raising an estimated around 300 billion yuan ($46.36 billion) this month for hybrid funds that will invest in certain securities of unicorns (or startups with a valuation in excess of $1 billion).
Coal supplies in China will continue to be tight and prices will stay high due to suspension of production at mines and tighter import controls since April, analysts said.
Eight years after the Shanghai World Expo drew millions of visitors to the city, a show there on a much smaller scale but that lacks none of the dazzle is drawing art aficionados from far and wide.
A new art and education center will be built on the site of a former steel factory in the Baoshan district of suburban Shanghai.
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Raymond Zhou
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Chen Weihua
