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SPIC to ramp up clean energy efforts

[2019-07-24 07:11]

China's State Power Investment Corp has seen its installed capacity of clean energy reach 49.9 percent as of May, from 38.47 percent in 2014, and vowed to further boost the percentage of installed capacity in wind, hydropower, solar and nuclear power in the years to come.

Sportswear firms bet big on basketball

[2019-07-23 08:52]

At the newly renovated retail store of Anta Sports Co Ltd in Yuyuan Garden, Shanghai's oldest shopping and tourism site, the latest Klay Thompson shoes were sold out hours after their launch on July 13.

Saleen to make a splash in China with latest models, technologies

[2019-07-23 08:52]

United States sports car maker Saleen held a grand debut for its models at the Bird's Nest stadium in Beijing on Saturday, kicking off its march into the world's largest market.

Young employees turning to niche jobs

[2019-07-23 08:52]

New and unusual jobs are arousing the interest of young employees in China. Some of them have never been heard of by previous generations - home party manager, pet trainer, esports consultant, scalp therapist and photo-shooting tour planner, to name a few. It shows the Chinese service industry is undergoing a consumption upgrading as more customized services are created by the growing demands of customers and the booming internet, experts said.

Chinese firm progressing with Padma Bridge project

[2019-07-23 08:52]

Steel piling work on the $3.12 billion Padma Bridge project, a multipurpose road-rail bridge across the Padma River in Bangladesh, was completed recently and the bridge is expected to be opened by 2022, according to a Chinese contractor working on the project.

Zhejiang set to unlock gains from digital economy

[2019-07-23 08:52]

Zhejiang, an eastern coastal province in China, is banking on the digital economy, powered by Alibaba and a host of small-and medium-sized enterprises, to reach 4 trillion yuan ($588.23 billion) by 2022 and account for more than 55 percent of its gross domestic product, officials said.

Baihang ramps up credit rating efforts

[2019-07-23 08:52]

Demand for the credit data of consumers is surging rapidly because of the boom in internet finance in China.

First property technology accelerator program launched in the mainland

[2019-07-23 08:52]

The first accelerator for corporate property technology, or proptech, in China was launched to provide market players with innovative solutions so that property firms can leverage new technologies to expand their business.

China's STAR: A new gold mine for veteran investors

[2019-07-22 07:45]

For the past few centuries, technology has changed our world. Today, almost no one washes his or her own clothes by hand. We send a real-time video across the Pacific Ocean in seconds. However, technology is not only created by scientists and technicians. Technology is also developed because of efficient capital markets.

Markets across the world ponder central banks' role in helping economies

[2019-07-22 07:45]

The upcoming Federal Reserve policy meeting later this month will be one of the most watched global financial market events since the United States central bank began raising interest rates at the end of 2015, and the first time since the global financial crisis.

BRI to cause boom in project management jobs

[2019-07-22 07:45]

China is expected to generate 46 million jobs related to project management by 2027, said the top executive of the Project Management Institute, an international organization based in Pennsylvania.

Shooting locales of popular dramas boost domestic tourism market

[2019-07-22 07:45]

Popular TV drama The Longest Day in Chang'an, which was shot in the ancient Chinese city of Xi'an in Shaanxi province, has made the city a tourist hot spot.

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