New policy set to speed up imports of cosmetic goods

A foundation stick from French cosmetics giant L'Oreal SA has become a must-have for some after making its Asian debut in China this summer, thanks to a new policy adopted by the Pudong New Area for cosmetics imports that has significantly sped up approval processes.

Roche plans center in Pudong to boost medical R&D

Swiss pharmaceutical giant Roche announced it will build an 863 million yuan ($125.87 million) innovation center in Shanghai's Pudong New Area. Set to open in 2019, it will be the company's third-largest strategic center after those in Switzerland and the United States.

Kids camp broadens horizons

Chang Tianhao recently built a model snow plow - about 10 centimeters high and 26 cm long - for his parents, who are sanitation workers in Beijing.

Project to boost entrepreneurship

Luxury cosmetics brand Helena Rubinstein Inc has launched a campaign in China to help women start their own businesses, the company announced on Sept 12 in Shanghai.

Dairy factory to bolster Tibet economy

By the spring of 2019, people in Southwest China's Tibet autonomous region will be able to buy locally branded dairy products produced at the region's largest and technologically advanced dairy factory.

IN BRIEF (Page 18)

AI funds set up to tackle future labor shortages

Three artificial intelligence funds were established on Tuesday at a forum held during the World Artificial Intelligence Conference, aiming to tackle labor shortages amid the country's aging population problem.

Covestro goes online to sell polymers in China

Covestro AG, a German producer of high-tech polymers, is tapping e-commerce on an experimental basis in China.

Shanxi investment deals show shift to green energy

Shanxi province, a key national coal producing region, announced on Tuesday a set of investment agreements set to shift its economy toward low carbon development.

From mud town to silver city

The Shanghai Pudong New Area has developed from farmland into a modern urban district in the past 28 years.

Beijing Daxing airport boosts aviation

Beijing Daxing International Airport, the capital's new airport, is expected to boost the growth of China's civil aviation sector after it becomes operational in September next year.

Alibaba invests in clothes sharing platform Ycloset

YCloset, a leading Chinese garment sharing platform, has completed an undisclosed strategic fundraising round from e-commerce giant Alibaba Group Holding Ltd, to better cater to female users' beauty and fashion requirements.