Imagine a box with four wheels, cruising down the street without a steering wheel or an accelerator pedal. In Chen Jiadong's unromantic vision, that's what driverless cars will be like.
Self-driving technologies will likely enable Chinese companies to leapfrog developed countries in the automotive sector, as the value chain of the industry is expected to shift from hardware to software.
China's automotive market is likely to remain the primary source of growth for the global industry in the foreseeable future, with self-driving cars gaining more market share, research indicates.
Equities rose by more than 1 percent on Tuesday in Shanghai and Shenzhen with strong gains seen in real estate, banking and chemical firms, marking a strong beginning on the first trading day of 2018.
BEIJING - The turnover of China's futures market dropped slightly in 2017 amid tight financial regulations, industry data showed.
Chinese currency appreciated to its highest level in more than three months as the US dollar index weakened on the first trading day of 2018, indicating the market's expectation of stable economic growth and confidence in financing deleveraging efforts.
Shanghai-based Inoherb is banking on traditional Chinese medicine to give it the winning edge in the global skincare product market.
Airbnb Inc, a US-based home-sharing service provider, will optimize the quality of its listings, invest in customer service and strengthen cooperation with local governments to expand its presence in China, according to its head of Chinese operations.
A fully automated container terminal involving a total investment of 14 billion yuan ($2.15 billion) has started operating at Shanghai's Yangshan Port, which means China has broken the monopoly of global suppliers in port automation solutions.
Travel service companies Tongcheng Network, a unit of Tongcheng Tourism, and E-dragon Holdings Ltd (or eLong) said on Friday that they would merge to create a new travel platform called Tongcheng-Elong Holdings Ltd.
Drinks columnist Douglas Blyde first came across baijiu when he was presented an intriguingly squat bottle with a red ribbon tied around its neck in a shopping mall in China's Inner Mongolia.
It was while trying what was an unfamiliar yet powerful drink during a family trip to the Chinese mainland and Hong Kong that Andrew Robinson hit on the idea.
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