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.
With the rising popularity of drone racing, there is a rapidly growing market for related equipment, such as first-person view or FPV goggles, which contestants need to wear to control their machines in high-speed flight.
China's top industry regulator said on Monday that it is working hard to help develop a homegrown smart computing platform for autonomous driving, with a focus on cultivating competitive chip makers and car-control operating system developers.
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