InnoSpace, a Shanghai-headquartered incubator, is gearing up to build a new laboratory for startups in the New Retail sector. It is raising an investment fund in a bid to better serve entrepreneurs.
Puxin, a Chinese afterschool tutoring service provider, listed on the New York Stock Exchange on June 15. It is the country's third-largest education company by the number of student enrollment last year.
Despite the slump in A shares in the first week of this month, investors remain optimistic that long-term prospects are intact as a bottoming-out market could present good opportunities to bag handsome bargains, market insiders said.
Rising affluence is continuing to stoke jewelry demand, resulting in rising consumption of gold in China, second-quarter industry data confirmed.
The place where the iconic three-columned Oriental Pearl TV Tower is now located used to be where the Lujiazui textile and fabrics warehouse once stood.
Qian Xiaoping may have been lauded as the person who revived the Song brocade, but the humble 79-year-old insists that she is merely "a copycat of her predecessors' innovations".
Mobile apps are increasing in popularity among Chinese users, not only for business, but also in their daily lives.
NANJING - For almost four decades, Yu Huanqin, a peach farmer in Yangshan township in East China's Jiangsu province, has kept records of peach prices in every harvest season.
Australian wine exports have hit a record high with China remaining the most lucrative market, thanks to falling import tariffs and China's growing interest in wines from different regions.
YINCHUAN - In the early 2000s, the eastern foothill of Helan Mountain in Northwest China was nothing but a vast expanse of Gobi Desert. Today, young people here are busy tasting a variety of wines in vineyards dotted throughout the Ningxia Hui autonomous region.
The home appliances market in China is being reshaped by e-commerce, with shoppers splashing out 264 billion yuan ($38.7 billion) to buy major household goods on internet platforms in the first half of this year, an industry report revealed.
China saw a deceleration in the growth of total mobile internet users in the first half of 2018, as the market is becoming saturated and is in urgent need of industry upgrades, according to a report.
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Raymond Zhou
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