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App launches rating system to enhance authenticity of product reviews

[2019-06-13 07:26]

Social commerce startup Xiaohongshu, or Little Red Book, has launched a rating system soliciting public opinion on a wide range of products in a bid to enhance authenticity of product reviews generated by its 250 million users.

Huatai Securities gets green light for GDR issue on London bourse

[2019-06-13 07:26]

The long-awaited Shanghai-London trading program between the Shanghai and London stock exchanges is taking a solid step forward with the first Chinese company obtaining approval from the UK authorities to issue global depository receipts at the London bourse.

Entrepreneurs donate more to education sector

[2019-06-13 07:26]

The education sector is gaining more popularity and capital from Chinese entrepreneurs, especially from tech heavyweights ramping up their donations.

Old brands turn on the charm to win new customers

[2019-06-12 07:39]

Chinese tourists across the world are seeking out brands with historical pedigree, from Lancome to Lafayette. But paradoxically at home, they appear reluctant to spend on renowned local brands.

Recognition eludes Shanghai's retail, culture firms

[2019-06-12 07:39]

Companies engaged in retail and culture activities in Shanghai have yet to develop strong brand awareness compared with those involved in services and manufacturing, a recently published brand innovation list shows.

Shale oil efforts gather momentum

[2019-06-12 07:39]

Intensified efforts by Chinese oil and gas companies to tap the country's huge shale oil reserves have started paying off, helping bolster the country's energy security, experts said.

Snacks continue to be on the upswing in Chinese market

[2019-06-12 07:39]

The snack industry is entering the fast growth lane in China, with the combination of consumption upgrades and new distribution channels set to create an industry with an estimated output value of 3 trillion yuan ($433 billion) in 2020, a new industry report said.

Binhai New Area banks on intelligent manufacturing for growth

[2019-06-12 07:39]

Binhai New Area in the northern port city of Tianjin is beefing up efforts to boost its intelligent manufacturing and build itself into the country's artificial intelligence model zone, a government official said.

Wanda's sports arm hopes to raise $500m via New York float

[2019-06-12 07:39]

Chinese private conglomerate Dalian Wanda Group Co Ltd plans to list its sports arm in the Nasdaq exchange in New York as the company keeps making inroads into the international market and strengthen the operation of its sports business.

SGMW eyes Southeast Asian auto market for momentum

[2019-06-12 07:39]

Indonesian Mukty Pratama has been working in the local plant of carmaker Shanghai General Motors Wuling since May 2016. He had been with other leading international automakers, but this is his first time working in a Chinese-run company.

Serbia reaps rewards from 'visionary' initiative

[2019-06-11 07:22]

Cooperation with China under the Belt and Road Initiative has played a "a huge part" in Serbia's economic success and the IT sector will be a focus for future bilateral cooperation, a top Serbian official said.

COSCO Shipping rides the BRI wave to success

[2019-06-11 07:22]

Dry bulk carriers are yellow, container ships are green, oil tankers are painted red, blue ones are multipurpose vessels, and those bearing pink spots are passengers liners.

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