Alibaba Digital Media and Entertainment Group has signed a multi-year content licensing agreement with a Walt Disney subsidiary to stream more than 1,000 episodes of Disney animated series on Chinese video streaming platforms.
An increasing number of Chinese luxury producers are likely to buy famous foreign brands in the future to build up their own brands.
Tightened financial oversight in China is deepening its impact across the shadow banking sector, which will further reduce the sector’s contribution to total social financing flows in 2018, according to the latest quarterly report from Moody's Investors Service.
Chinese mainland tourists' enthusiasm for overseas travel is expected to reach new heights during the upcoming Spring Festival holidays, while demand for inbound tourism will be more moderate.
Alibaba Digital Media and Entertainment Group, the entertainment arm of e-commerce giant Alibaba Group Holding Ltd, said on Monday that it has inked a deal with The Walt Disney Co to offer Disney's animated series and movies on its video streaming service.
Plans have been unveiled to build China's largest hub for companies developing speech recognition technologies and products in Hefei, Anhui province, to boost the artificial intelligence sector.
A more complex set-up for China's financial regulatory system is emerging, which is required to oversee the cross-market business of inflated financial groups by making professional and effective decisions, emphasizing the core role of the central bank in the restructured financial regulatory framework.
China will continue to strengthen regulation over the country's mushrooming Internet finance businesses in 2018 to facilitate long-term development of the industry, the National Internet Finance Association (NIFA) has said.
China's major stock indices rose on Monday, tracking Wall Street rebound after last week's ferocious sell-off.
Three hours after landing at an airport in Guangzhou, lobsters from Boston in the United States have been sent to a temporary pool in a bonded area and will reach the table of local residents the next day.