Ten Chinese banks have adopted a cross-border payment service featuring transaction timeliness and real-time traceability as they accelerate their global reach to handle surging complex business needs fueled by the Belt and Road Initiative.
Chinese tech giants are deploying their cloud services overseas, and moving up the sector's global rankings as they do so.
Foreign cloud computing companies are scrambling to expand their presence in China, where more and more businesses are embracing cutting-edge technologies to improve their corporate management and production efficiency.
Chinese cloud computing service providers are accelerating their efforts in cloud security, as both the government and companies face mounting cybersecurity pressures.
Guizhou province has announced plans to introduce big data technology into more than 10,000 real economy-related companies by 2022, and bring more cloud computing businesses to the region.
The top antitrust agency might slap fines on three dominant chipmakers including Samsung because of possible monopolistic behavior in the past one or two years, but further action has nothing to do with protecting domestic companies or Sino-US friction on intellectual property rights, according to people taking part in the ongoing investigation.
China and the United States will continue trade talks even though it will take long-term efforts to solve the complex issue of bilateral trade, experts said on Tuesday.
The services sector continued to expand at a steady pace in May, with companies in the sector showing strong confidence in the economic prospects in a year's time, according to a private survey released on Tuesday.
Guangzhou OED Technologies Inc, a major electronic-paper display supplier based in Guangdong province, took a significant stride in its innovation efforts on Tuesday with the launch of its advanced color e-paper technology, a breakthrough that will help it tap new growth seams.
China's big four telecom companies will invest more than 200 billion yuan ($31 billion) in four years to build up cutting-edge information infrastructure for fifth-generation mobile communication technology in the nation's Yangtze River Delta region.
Moderate monetary easing might have started and would continue for some time as China looks for more ways to plug the medium and long-term liquidity shortfalls in its banking system, said experts.
With China having already been Alaska's largest export destination since 2011, the governor of the northwestern US state wants seafood deliveries to China to triple "as soon as possible".
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Raymond Zhou
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