China Petroleum and Chemical Corp, or Sinopec, the world's largest refiner by volume, is enhancing its low-sulfur marine fuel oil production and distribution capabilities to make rapid strides in the global bunker market, analysts said.
The ongoing consumption upgrade in China is making technology-driven innovation a key competitive edge for personal care products and cosmetics makers looking to gain traction with sophisticated Chinese consumers, said industrial analysts.
AI virtual anchors - the world's first virtual human hosts produced by Chinese tech company Sogou and Xinhua News Agency, will go into mass production with more vivid facial expressions and gestures, to deliver real-time broadcasts for media and audiences from home and abroad, according to Sogou.
BEIJING - China's technological cooperation with Central Asian countries including Kyrgyzstan and Tajikistan has yielded fruitful results, according to the Chinese Academy of Sciences.
Hellobike, the bike-sharing app backed by financial technology behemoth Ant Financial, has entered into several partnerships with high-profile suppliers to make its two-wheelers more appealing to the hundreds of millions of riders in China.
Chinese fresh food startup Miss Fresh announced on Thursday its plan to ring up 100 billion yuan ($14 billion) in revenue by 2021, making no secret of its desire to compete strongly against rival platforms backed by other major tech giants such as Alibaba Group's Hema Store and JD's Daojia.
Despite being the founder of Alibaba Group, the world's largest e-commerce company by transaction volume, Jack Ma doesn't seem to know much about selling lipstick.
Social commerce startup Xiaohongshu, or Little Red Book, has launched a rating system soliciting public opinion on a wide range of products in a bid to enhance authenticity of product reviews generated by its 250 million users.
The long-awaited Shanghai-London trading program between the Shanghai and London stock exchanges is taking a solid step forward with the first Chinese company obtaining approval from the UK authorities to issue global depository receipts at the London bourse.
The education sector is gaining more popularity and capital from Chinese entrepreneurs, especially from tech heavyweights ramping up their donations.
Chinese tourists across the world are seeking out brands with historical pedigree, from Lancome to Lafayette. But paradoxically at home, they appear reluctant to spend on renowned local brands.
Companies engaged in retail and culture activities in Shanghai have yet to develop strong brand awareness compared with those involved in services and manufacturing, a recently published brand innovation list shows.
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Raymond Zhou
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