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Clad in a pink polo T-shirt and jeans, 50- something angel investor Li Zhu carefully proofreads the script of his speech with an employee at a press room during the 2016 DEMO China in Hangzhou last week.
Government hopes to streamline the electric auto market with updated policies
Saturday, when a new residential building came onto the market in Hangzhou, Zhejiang Province, the sales center was overcrowded with prospective homebuyers.
More domestic car brands have demonstrated their eagerness for recognition as premium, although none of the Chinese peer group have yet revealed a strategy that will lead them to the top.
For a while now, Alibaba's influential founder Jack Ma Yun has been trying to develop a social networking service (SNS) that dominates the social networking sphere in the same way that Alipay dominates online payments in China.
As the world's largest single-aperture radio telescope for scanning the universe - China's FAST - made its debut on Sunday, the local government rolled out its own grand vision for high-end tourism. It takes the form of tourism, with ticket prices as high as 668 yuan ($100).
Fast-expanding tech company Leshi Internet Information and Technology Co, also known as LeEco, is facing a new round of questions over its "very risky" business model, following market rumors that it plans to acquire Amazon China.
"As The People's Bank of China (BOC) has announced that Bank of China New York branch as the first Renminbi (RMB) clearing bank in the United States, BOC is now introducing more RBM products and offering more RMB services to US investors." Xu Haifeng, Executive VP of Bank of China USA told Xinhua Sunday.
The Chinese investment mogul behind the vetoed 285 million U.S. dollar bid for Australia's largest pastoral land holding said he had "given up" the dealing with Australia, urging the government not to "close the door" on foreign money.
Wanda Group on Saturday unveiled its second tourism and culture project in the nation this year, which is located in Hefei, East China's Anhui Province, a move to further tap the local tourism market.
