Ping An plans $15.8b fintech investment

Ping An Insurance, the largest insurer by market value in the Chinese mainland and second-largest life insurer in terms of premiums, is planning to invest 100 billion yuan ($15.8 billion) into financial technology in the next 10 years.

China to ramp up efforts in reform and opening-up

China is calling for more intensified efforts to deepen reform and opening-up to spur economic transformation, and will contribute Chinese wisdom to reshape forces driving the global economy, top officials said on Wednesday.

Zhendong nurtures farmers in Shanxi

Shanxi-based pharmaceutical preparation company Zhendong Group is furthering its poverty alleviation efforts by setting up a plantation base for traditional Chinese medicine plants in Pingshun County, Shanxi province.

Tech can benefit career moves of female employees

Women climbing the corporate ladder cite achieving a work-life balance as a major challenge, according to a recent report, and using technology to support female workers could put some organizations at a competitive advantage.

Roche's program to help breast cancer patients in rural areas, train medical staff

A pilot project to reduce the rate of breast cancer and treat patients with proper medical care in poor areas of China will be launched with support from Shanghai Roche Pharmaceutical Ltd.

IN BRIEF (Page 18)

Tech shares plunge amid data scandal

Share prices of Chinese technology firms plunged on Tuesday following reports that a UK-based political research organization had harvested information from 50 million Facebook profiles without user consent.

SOHO plans spinoff of co-working division

Hong Kong-listed SOHO China Ltd said on Tuesday that it is planning to spin off its co-working space business SOHO 3Q and take it public to realize its value.

UK official seeks Western hub status for London in B&R

Charles Bowman, the lord mayor of the City of London, is making a nine-day visit to China, promoting the United Kingdom's capital as the "natural Western hub" of the Belt and Road Initiative.

Tech surge ushers in new era for manufacturing

China is stepping up efforts in the manufacturing sector to boost productivity and economic growth, spurred by forward-thinking companies vying for top spots and aiming to create new momentum in key markets.

Bespin Global plans expansion

Bespin Global, a cloud managed service provider, is ramping up efforts to increase revenue growth tenfold in China this year, in a move to gain a toehold in the market amid stiff competition, executives said.

CIIE to showcase high-tech products

SHANGHAI/BRUSSELS - A number of high-tech products will be exhibited for the first time at the China International Import Expo (CIIE), according to the organizing committee.