China's mobile payment operators are entering the public transportation sphere with ambitious promotions for their new e-products that promise to change commuters' age-old ways of paying for their city rides, experts said.
China's jewelry industry, which has been laid low by a downtrend over the last few years, is embracing e-commerce to keep pace with changing consumer tastes.
Vzoom Credit, a Shenzhen-based financial technology or fintech provider, will deploy more resources to link tax data of small and micro businesses to banks and financial institutions, so that the former can receive timely credit.
BEIJING - Foreign investors are racing to expand their presence in China's securities trading market, with three overseas brokers applying to increase ownership stakes or set up holding firms in the country in less than two weeks.
Major airlines in China reported strong first-quarter earnings growth as surging travel demand and yuan appreciation helped offset adverse factors such as rising oil prices, industry insiders said.
It is easy to be overwhelmed by the brutal, raw numbers that provide the backbone to the story of the Wenchuan earthquake of May 12, 2008 - and in a strange way finally not to truly appreciate the scale of the catastrophe.
For Zhang Maotang, May 12, 2008, was the day his personal apocalypse began. For almost nine weeks it seemed to him that day after day a relative of his would die, and it plunged him into what he says was madness.
Nothing and no one was going to stop Li Xiaoxia going back to Yingxiu, epicenter of the earthquake, where her parents, husband and son, 2, were trapped in rubble.
It was, 2:28 pm, and most students were sitting in their classrooms waiting for their lessons to begin. Then, on this gray May 12 day, the earthquake struck.
The sky seemed to darken, and a rumbling sound unlike anything Ma had ever heard before quickly grew louder and louder. Within seconds she was buried under the rubble of her newly built three-story home in Yingxiu, Wenchuan county.
Celebrating its 160th anniversary in China this year, Standard Chartered is looking to play an active role in the country's further opening-up to foreign investors.
Editor's Note: This year marks the 40th anniversary of China's reform and opening-up. China Daily interviewed top executives of well-known multinational companies for their views on the country's socioeconomic development.
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