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Weekend Life

Railway vehicle makers expand overseas

[2017-12-28 07:56]

When China's first subway, Beijing Line 1, went into operation in 1969, underground trains had been running beneath London for 106 years.

Hellobike gets $153m funding

[2017-12-28 07:56]

After a topsy-turvy year, China's bike-sharing industry saw a flurry of activities with a Shanghai-based firm getting funds from a consortium led by Chinese conglomerate Fosun.

SF Express to use logistics drones for emergency services

[2017-12-28 07:56]

Chinese logistics giant SF Express carried out its first demonstration flight using drones to deliver emergency supplies at an airport in southwestern Yunnan province on Tuesday.

More companies raise funds from A-share market

[2017-12-28 07:56]

New listings in the A-share market rose 92 percent from a year ago in 2017 with 436 companies raising fresh funds of 230.4 billion yuan ($35 billion) in the Shanghai and Shenzhen bourses, said a new report.

Mondelez boosts pupils' health

[2017-12-28 07:56]

Eight years ago, the charity arm of the world's largest snack company Mondelez International and the China Youth Development Foundation launched a "Hope Kitchen" program.

Global Fund eyes more cooperation in war on disease

[2017-12-28 07:56]

The Global Fund, a Geneva-based financial association that supports the fight against AIDS, tuberculosis and malaria, said in Beijing last month that there is significant potential to further cooperate with Chinese pharmaceutical companies.

Nothing put-on about coming AI boom

[2017-12-27 07:47]

The term "artificial intelligence" is often associated with driverless cars and highly sophisticated machines that can outsmart even the best of human minds in complicated tasks, such as the strategy board game Go.

Innovative and sharing business mushrooms in China

[2017-12-27 07:47]

M-Bar (Mini KTV)

Cross-border e-commerce rising rapidly

[2017-12-27 07:47]

Zhang Jie, 29, an office worker from Shenzhen, Guangdong province, is passionate about cosmetics and fashion products. She often browses Red, known in Chinese as Xiaohongshu, an overseas shopping tip app to get information about fashion and shopping before she buys overseas brands and products.

LeEco founder Jia ordered to return

[2017-12-27 07:47]

China's securities regulator has ordered the founder of debt-laden internet company LeEco to return to the country before the end of the year to deal with the company's financial woes.

Hospital to raise funds via IPO

[2017-12-27 07:47]

Wenzhou Kangning Hospital in Zhejiang province, China's largest private psychiatric healthcare group, is planning to raise additional capital of 193 million yuan ($29.5 million) through an initial public offering in the A-share market to fund its business expansion.

Retailer's finance arm fueled by new funds

[2017-12-27 07:47]

Suning Finance, a subsidiary of Suning Commerce Group Co Ltd, has added 15 new strategic investors including Yun Feng Capital - founded by Jack Ma, chairman of Alibaba Group - raising 6.3 billion yuan ($962 million), a move to offer diversified finance services and upgrade its retail customer's shopping experiences.

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