HONG KONG - Baidu Inc's iQiyi is targeting a US initial public offering as soon as in 2018 that could value China's most popular streaming video service at more than $8 billion, two people familiar with the matter say.
China has the largest number of unicorn startups outside the United States, with four Chinese companies rounding the top 10 globally in terms of valuation, a report said.
There is no denying that the full-screen design is now the biggest and most obvious trend in smartphones, and that it is also expected to become the major driver of smartphone growth this year, said industry experts.
When Shenzhen-based robot maker Zige got its cute creation Mento to perform on the catwalk at this year's London Fashion Show, it attracted tremendous curiosity and interest from London's fashionistas.
Coal prices in China may continue to rise during the upcoming heating season, despite the endeavors of regulators to stabilize them, due to strong demand and overcapacity reduction, experts said.
China United Network Communications Group Co Ltd, the country's second-largest mobile carrier by subscribers, set up a big data company on Monday, as it accelerates partnerships with new strategic investors.
China will continue to increase its market share in the traditional railway manufacturing sector by pushing more low-cost, high-speed trains, metro trains and related infrastructure into global markets, experts said on Monday.
An increasing number of foreign asset management companies are applying to become privately offered fund managers in China, where they are expected to offer a greater global investment opportunities.
Chinese startups, especially those in hardware, education and real estate sectors, have struggled to survive their first four years, according to a survey report.
LUXOR, Egypt - The country of pyramids is eager to tap into the Chinese market to revive its ailing tourism industry, said Mohamed Badr, governor of Luxor governorate, Egypt.
URUMQI - Gulnisa Ali's five-person tailor shop has grown into a company with more than 50 employees.
Allianz Worldwide Partners Group, an insurance subsidiary of Allianz Group, is taking advantage of China's economic and digital transformation to quicken its expansion in the Chinese mainland, the company's top management said.
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