Foxconn chief bullish on industrial internet sector

Foxconn Technology Group is poised to ramp up its work in the burgeoning industrial internet, which will bring about huge development opportunities for the real economy, said the company's chairman Terry Gou at the ongoing Second World Intelligence Congress in Tianjin.

China banking on AI for innovation edge

China is stepping up the push to develop artificial intelligence in manufacturing to boost its productivity and inject new impetus into the country's economic growth, an official from the Ministry of Industry and Information Technology said on Thursday.

Underwater robots a hot export

Domestic underwater robot producer Tianjin Sublue Ocean Science & Technology Co Ltd said it is confident it can expand its presence in the European and United States consumer markets.

China Telecom offers satellite phone services

Satellite phone numbers offered by China Telecom - the country's leading mobile carrier - are now available on the market, meaning Chinese archaeologists and fishermen can finally enjoy domestic services when working in remote areas.

Commercial banks bet big on fintech

A growing number of Chinese commercial banks are setting up their own financial technology companies to explore a market-driven mechanism for development of the sector.

Domestic carriers gain recognition

Major State-owned airlines Air China, China Southern Airlines and China Eastern Airlines have gained recognition for performance and services on a series of recently released lists that rated carriers around the world.

Tea project gives boost to workers

Compassionate people can pay 4,900 yuan ($771) for one year's property rights for 0.07 hectares of a tea plantation in Danzhai, Southwest China's Guizhou province as part of a project that aims to help at least 1,000 impoverished families.

Center launched to encourage female entrepreneurs

University-based education platform Tsinghua X-lab and Global Green Economic Forum, a Singapore-based subsidiary under Global Green Economic Consulting, jointly launched a "She Center", in an effort to foster female entrepreneurship.

China Minsheng on rural economy mission

China Minsheng Investment Group has announced it will carry out a series of public benefit projects to boost the rural economy in collaboration with Thai conglomerate Charoen Pokphand Group. The announcement came after they conducted joint field research in Pingdingshan, Henan province.

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Tesla plans unit in Shanghai

US electric carmaker Tesla Inc has registered a wholly owned subsidiary in Shanghai, marking another step toward setting up its first ever overseas carmaking plant in China.

JD Finance fundraising a precursor for IPO

The reported $2 billion fundraising by JD Finance, the financial arm of China's second-largest e-commerce player JD, could pave the way for the subsidiary's eventual listing, according to experts.