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China / Business

Shenzhen takes the high road to growth

[2019-12-19 00:00]

Shenzhen in Guangdong province inked 128 new projects worth 560 billion yuan ($80 billion) on Wednesday as part of its ongoing efforts to unlock high-quality and sustainable growth potential in the city.

Ethiopia teams up with China on mushroom project

[2019-12-19 00:00]

ADDIS ABABA-Ethiopia and China officially launched a mushroom project, dubbed "Ethiopia 1550 Mushroom Program," which enables the East African country to develop the sector with modern technology and scientifically.

Alibaba travel arm forms alliance

[2019-12-19 00:00]

Fliggy, Alibaba Group's online travel arm, forged a hotel alliance on Tuesday bringing together independent budget hotels and arming them with technologies to streamline operations.

New aluminum park to boost green strides

[2019-12-19 00:00]

Work on a green aluminum industrial park being set up by the Yunnan provincial government and Shandong Weiqiao Pioneering Group Co Ltd, a Fortune Global 500 company, commenced in Wenshan autonomous prefecture of the province on Wednesday.

China, UAE to boost their high-tech ties

[2019-12-19 00:00]

Companies from China and the United Arab Emirates are expected to have closer ties in promoting the application of artificial intelligence, as the two countries have a strong desire to be fast adopters of the emerging technology, analysts and company executives said.

Healthcare companies see growing appetite among Chinese consumers

[2019-12-19 00:00]

Spurred by rising health consciousness and Chinese consumers' pursuit of a high-quality lifestyle, some multinational companies are witnessing strong sales and further promoting their products in China via new growth channels such as e-commerce platforms.

Nation leads the world in applications for AI patents

[2019-12-19 00:00]

China has outpaced the United States in the number of worldwide artificial intelligence-related patent applications, according to a new report issued by the China Industrial Control Systems Cyber Emergency Response team, a research unit under the Ministry of Industry and Information Technology.

Proactive fiscal policy to be key economic priority, say experts

[2019-12-19 00:00]

Implementing a proactive fiscal policy will be one of the top six tasks for the central government in its 2020 economic agenda, experts said.

Gaming sector showing signs of healthy rebound

[2019-12-19 00:00]

China's gaming sector has shown strong signs of a robust recovery this year despite tighter regulations, a new report said on Wednesday.

Oppo to invest $7.1b for sharper research, development prowess

[2019-12-11 00:00]

Chinese smartphone vendor Oppo said on Tuesday that it will invest 50 billion yuan ($7.1 billion) over the next three years on research and development, as it aims to boost its technological prowess amid fierce competition in the 5G-enabled internet of things era.

Foreign investment efforts need more impetus

[2019-12-11 00:00]

Concrete efforts are needed to further optimize the foreign investment environment in China amid rising global uncertainties, a new report said on Tuesday.

Ministry confirms World Bank's five-year lending plan for China

[2019-12-11 00:00]

The Ministry of Finance confirmed on Tuesday that the World Bank has approved a five-year funding plan for China to support the multilateral lender's engagement in the country's structural and environmental reforms.

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