BEIJING - Like birds pecking at grain, a dozen robotic arms pressed components onto a point-of-sale or POS machine, checked its functions and packed it into a box under the supervision of a human worker. Next to the robots, it took over 60 workers to assemble the same device, used to process card and mobile payments.
In theory, innovation, in the context of business, shouldn't be synonymous with simply coming up with new business models. But that has proven to be the de facto driver fueling the success of China's thriving internet sector.
Hidden in a software park in Shenzhen, a city of countless tech and internet companies, Vzoom Credit, which sees itself as a low-key fintech provider, hardly attracts any attention.
In pursuit of economic growth, Chinese cities are increasingly liberalizing rules to allow life-enabling, consumption-boosting business activities at night, experts said.
BEIJING - As China's tech companies continue to grow, so too does their demand for qualified employees.
DAR ES SALAAM - The Chinese-built Tanzania-Zambia Railway or TaZaRa started operations in 1976 and has become an economic catalyst for eastern and southern African nations, which also turns into a symbol of friendship between the peoples of China and Africa.
Traditionalists often lament that ancient Chinese art forms are under threat in the face of contemporary entertainment, but there has been a surge in popularity of the ancient art among young Chinese audiences in small theaters.
China's proactive fiscal policy this year will prioritize tax and fee cuts, and feature fiscal spending expansion that focuses on key areas serving high-quality growth, Minister of Finance Liu Kun said on Thursday.
Systematic policy support for new energy vehicles after 2020 should be considered immediately by the government to promote the sustainable development of the industry in China, the world's largest and fastest developing market in this respect.
Overseas demand for Chinese crawfish and related products is huge and is on the rise, pushing the country's largest crawfish supplier Qianjiang in Hubei province to increase its production capacity and enhance innovations, said the mayor of the city.
The number of enterprises confirming their participation in the second China International Import Expo (CIIE) scheduled for November in Shanghai has exceeded half of the planned number, said a senior manager with a company responsible for inviting exhibitors to the expo.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
