China's banking and insurance regulators at the local level are encouraging banks to count loans overdue by 60 days or more as nonperforming loans, with the aim of better disclosing the risk situation of the banking sector and urging banks to further improve asset quality.
Chinese PC maker Lenovo will push ahead its new strategy in three areas of smart technology - smart IoT, smart infrastructure and smart verticals, the company's CEO announced at the company's annual kickoff meeting in Raleigh, North Carolina, on Tuesday.
Beijing will open its financial sector wider to the world in three years, as the city undertakes a major push to deepen reform and opening-up in the service industry, a vice-mayor said on Wednesday.
China's massiveness and complexity mean that the term "Chinese consumer" is insufficient by default. If you are ever familiar with the "silo" system categorizing different Chinese cities, people's tastes and spending power may vary, from tier-one to tier-four, categorically.
Chinese technology conglomerate Tsinghua Unigroup has unveiled its first 5G chipset for the internet of things devices, as it strives to pounce at the big opportunities brought by fifth-generation mobile communication technology.
Chinese e-commerce giant JD is reducing salaries for its delivery staff across the country by adopting a commission-based payment scheme and reducing benefits, in a bid to reduce costs and boost margins after three senior executives of the company announced their resignation.
China's small businesses are cautiously optimistic amid the anticipated global economic downtrend in 2019, with over 70 percent of those surveyed expecting growth this year, a survey said.
Chinese policymakers wish to bring more people into cities, to accelerate the second phase of the national urbanization campaign under the "2020 goal", which will be a key driver of the economic growth in the long term, according to experts.
China Aircraft Leasing Group Holdings Ltd, a Hong Kong-listed aircraft leasing company, denied earlier media reports about its plan to suspend the orders of 100 of the Boeing 737 MAX aircraft, and it said on Tuesday that there is no change in the orders and no plans to stop the payment.
Imagine a drone going from zero to 100 kilometers per hour in less than two seconds and flying at speeds of up to 220 km/h around a futuristic multidimensional track with neon obstacles.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
