Chinese internet giant Alibaba Group Holding Ltd's acquisition of NetEase Kaola, the cross-border e-commerce arm of NetEase Inc, for $2 billion will create a principal online marketplace for consumers seeking high-quality foreign products, holding more than 50 percent of cross-border e-commerce market share in the country, according to industry experts.
Anta Sports Products Ltd posted strong half-year results underpinned by the strong growth of its fashion sports brand Fila, reorganization efforts to improve efficiency and the booming sports industry in the country.
China will likely take the lead in the semiconductor display sector across the world within the next three to five years, said Li Dongsheng, the founder and chairman of Chinese consumer electronics giant TCL Corp.
The Chinese integrated circuit industry will enter a new development stage by tapping the domestic market more and seeking deeper integration with other strategic emerging industries, industry experts said.
Signify NV, formerly Philips Lighting, the Netherlands-based lighting specialist, will increase its investments in China, which will mainly go toward acquisitions, research and development.
PAULO - Cheese bread, Brazil's favorite breakfast and snack food, is now available at Chinese cafeterias.
Information technology or IT companies from home and abroad are banking on China's STEAM education market where demand has been growing in recent years.
At a furniture plant in Jiangsu province, several robotic arms are busy painting wooden doors moving forward on the conveyor belts. Equipped with 3D scanning and artificial intelligence technologies, the robots can recognize the outline of the doors.
The commercialization of Chinese robotics industry is no longer on the drawing board as a wide range of emerging industries unveiled plans for accelerated application of robots recently, industry insiders said.
Forty-two seconds. That's all it took for Zhang Weili to be crowned China's first UFC world champion after the Hebei province native knocked out Brazil's Jessica Andrade in a strawweight bout in Shenzhen last Saturday.
There's a veritable smorgasbord of human reactions on display in this week's selection of our favorite sports pics
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Raymond Zhou
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Chen Weihua
