Further monetary easing remains one of the options to support economic growth in China, after the debut of the new market-driven lending rate, according to central bank officials.
China's No 2 to No 4 smartphone vendors have formed a rare partnership for data transfer among their handsets, a move seen by analysts as an alliance strategy to compete with the No 1 player Huawei Technologies Co which has just posted a record high market share in the domestic market.
China will step up efforts to achieve breakthroughs in crucial robotics technologies and promote the use of industrial and service robots in plants and daily lives, the country's top industry regulator said on Tuesday.
The ARJ21, China's first homebuilt regional passenger jetliner, is undertaking three-day demonstration flights in Southwest China, to showcase its performance in plateau areas and further explore market opportunities in the region.
China's e-hailing market is poised to recover and grow steadily over the next two to three years, despite the downturn caused by safety concerns and stricter regulations, industry insiders said.
White Wang, president of Allergan China, is a perfect example of the Ireland-based biopharmaceutical giant's localization strategy in China.
A burgeoning market in China is helping to drive a transformation in US helicopter manufacturer Bell, according to a senior company executive.
Chinese mainland stocks soared on Monday as a major interest rate reform unveiled by the central bank over the weekend lifted investors' expectations for more liquidity in the market and lower financing costs for businesses.
Meituan, China's leading online food delivery-to-ride hailing firm, is joining a group of tech giants including Alibaba Group in developing a high-precision map, a trump card for them to drive unmanned services, and also a supplement to their core businesses.
Multiple approaches are being tested for the launch of the first central bank digital currency in China, said officials and experts, who expect more participation from private institutions in creating the government-backed currency.
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