Editor's Note: CEOs shared their thoughts about the future of China's internet sector and the development opportunities for their companies in the new digital era when attending the World Internet Conference, which ended on Nov 9.
Central regulators greenlighted refinancing for China's A-share companies late last week, in a move to encourage buybacks.
Chinese tech giant Tencent Holdings Ltd has joined the race, along with rivals such as Baidu Inc and Alibaba Group Holding Ltd, to recruit senior autonomous driving engineers in Silicon Valley.
US architecture and infrastructure consulting company AECOM said it expects a bright future in the Chinese market as it foresees a profound need for high-quality services amid the country's further urbanization and development.
The University of Wollongong near Sydney and the Tottenham Hotspur Football Club of England have teamed up to launch educational programs with soccer as an extracurricular subject from January 2020, which is expected to help China realize its long-term dream of emerging as a global force in the sport.
HARBIN - It stopped raining before Fan Wenling woke up and put on her jacket. She took a bag, started her motorcycle and quickly rode toward a forest outside the village.
China's burgeoning and fiercely competitive home-share market received a fresh shot in the arm when Xiaozhu Inc, an online booking platform, secured around $300 million in its latest round of funding on Oct 10.
NEW YORK - Trade deficit of the United States is expected to expand further with a 17-percent rise in 2018 fiscal deficit amid additional import tariffs on major trading partners such as China, said US economists and trade experts.
Midea Group, a Chinese home appliances maker, plans to restructure its assets that include subsidiary Wuxi Little Swan Co, a washing machine maker, so as to strengthen the business segment.
BEIJING - New tax cuts may have boosted consumers' income by 116 billion yuan ($16.73 billion), which could increase domestic consumption by 81 billion yuan, Asian investment bank Nomura said in a research note.
The Fifth World Internet Conference ended on Friday with government officials and industry leaders calling for global efforts to build a digital world with shared interests and collective governance.
Internet-based technology is allowing more customers' financial needs to be met, thanks to niche software and collaboration agreements, said experts and CEOs at a sub-forum of the Fifth World Internet Conference on Thursday.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
