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Siemens unit plans innovation center for traffic solutions

[2019-07-25 07:30]

Siemens Mobility, the transportation unit of German industrial conglomerate Siemens AG, said it plans to build a 5G network innovation center for studies in road traffic in China to provide digital transportation solutions using 5G technology.

Fintech opens new doors for talents

[2019-07-24 07:11]

China is at the forefront of the financial technology or fintech industry, and offers great opportunities for fintech talents, driven by the rising demand for experienced financial services and technology professionals, industry experts said.

Foreign firms target night market success with niche offerings

[2019-07-24 07:11]

It is not a surprise that KFC's latest product innovation is chicken-related. But a bucket full of spicy chicken offal for night snack deliveries has shocked Chinese consumers.

Assa banks on growing demand for smart home products

[2019-07-24 07:11]

The Assa Abloy Group, a Swedish conglomerate and a global leader in access solutions, will launch more market-oriented smart home products in China to tap the nation's growing demand for smart access products both in commercial and residential use amid consumption upgrade, according to senior company executives.

STAR Market cools down on second day

[2019-07-24 07:11]

After an explosive first day when the first 25 companies on the STAR Market at the Shanghai Stock Exchange soared an average of 140 percent for the session, their second-day performance was more muted.

SPIC to ramp up clean energy efforts

[2019-07-24 07:11]

China's State Power Investment Corp has seen its installed capacity of clean energy reach 49.9 percent as of May, from 38.47 percent in 2014, and vowed to further boost the percentage of installed capacity in wind, hydropower, solar and nuclear power in the years to come.

Sportswear firms bet big on basketball

[2019-07-23 08:52]

At the newly renovated retail store of Anta Sports Co Ltd in Yuyuan Garden, Shanghai's oldest shopping and tourism site, the latest Klay Thompson shoes were sold out hours after their launch on July 13.

Saleen to make a splash in China with latest models, technologies

[2019-07-23 08:52]

United States sports car maker Saleen held a grand debut for its models at the Bird's Nest stadium in Beijing on Saturday, kicking off its march into the world's largest market.

Young employees turning to niche jobs

[2019-07-23 08:52]

New and unusual jobs are arousing the interest of young employees in China. Some of them have never been heard of by previous generations - home party manager, pet trainer, esports consultant, scalp therapist and photo-shooting tour planner, to name a few. It shows the Chinese service industry is undergoing a consumption upgrading as more customized services are created by the growing demands of customers and the booming internet, experts said.

Chinese firm progressing with Padma Bridge project

[2019-07-23 08:52]

Steel piling work on the $3.12 billion Padma Bridge project, a multipurpose road-rail bridge across the Padma River in Bangladesh, was completed recently and the bridge is expected to be opened by 2022, according to a Chinese contractor working on the project.

Zhejiang set to unlock gains from digital economy

[2019-07-23 08:52]

Zhejiang, an eastern coastal province in China, is banking on the digital economy, powered by Alibaba and a host of small-and medium-sized enterprises, to reach 4 trillion yuan ($588.23 billion) by 2022 and account for more than 55 percent of its gross domestic product, officials said.

Baihang ramps up credit rating efforts

[2019-07-23 08:52]

Demand for the credit data of consumers is surging rapidly because of the boom in internet finance in China.

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