Most of the 57 Indian companies across industries that have operations in China told an industry survey they will increase their investment this year on the back of rising revenues and profits, amid a business-friendly, innovation-powered environment in the country.
Cutting-edge applications are reshaping the education, healthcare, smart city, automotive and communications sectors
Shanghai has set itself on a long-term trajectory to become the nation's, and even the world's leader in artificial intelligence.
Mobile robots meet and greet you on your way to work, smart streetlights illuminate your way home and unmanned stores allow you to grab a late-night snack - a quick tour of Shanghai's AIsland is like a sneak peak of what city life could look like in the future.
The six newly established free trade zones in China will further facilitate high-level opening-up and boost high-quality development through deeper reforms, the Ministry of Commerce said on Monday.
Chinese mortgage loans will become one of the most expensive types of commercial bank lending from next month, and it will be difficult for house buyers to get discounts on the borrowing cost, due to the new interest rate calculation method set by the central bank, analysts said.
Artificial intelligence major Megvii Technology Ltd, backed by Alibaba Group, has filed for an initial public offering, making it the first Chinese mainland AI company to go public in Hong Kong.
Central China's Henan province is beefing up efforts to promote industrial restructuring and upgrading, develop advanced manufacturing and foster strategic emerging industries, as part of its broader drive to realize high-quality development.
An airfield complex is taking shape in Shanghai-centered Yangtze River Delta region after Suzhou, a city 100 kilometer west of Shanghai, said it had completed preparations of building its first airport.
Shenzhen is exploring a mechanism of introducing and transforming more international commercial rules in the Qianhai Special Zone, a recently released three-year action plan for of Qianhai's legislation development said.
Slowdown - what slowdown? That might well be the stance of foreign companies operating in China, if asked about the implications of slowing economic growth for the future of their businesses in the country, and the attendant concerns about it.
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Raymond Zhou
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