As China proposed the Belt and Road Initiative and encouraged Chinese investors to invest abroad, the country also put restrictions in place to prevent irrational growth in outbound investment.
An American friend asked me: "Why is China successful?" This summer I went to east China's Zhejiang Province on holiday. The region has the most vibrant economy in the country. I asked my local guide what is the one word that defines his compatriots, and he said, "eagerness." That sums up who we are as Chinese.
China opened its first road designated for tests of self-driving cars with fifth-generation (5G) network connectivity in Beijing on Wednesday.
The Bank of Japan (BOJ) opted to maintain its ultra-easy monetary policy on Wednesday while monitoring the effectiveness of its recent policy adjustment amid weak inflation.
Innovation is the key to success of the Belt and Road, He Lifeng, chairman of China's National Development and Reform Commission, said at a panel of the Annual Meeting of the New Champions in Tianjin on Wednesday.
Artificial Intelligence (AI) is one of the most fun and profitable topics for the top business minds at the World Economic Forum (WEF) Tianjin 2018, a sign that AI is getting real in business.
Trade frictions between the U.S. and China are unavoidable and their impact may last up to 20 years, Jack Ma, Alibaba's co-founder and chairman, said during the company's annual tech event on Wednesday.
Big data showed that the China-proposed Belt and Road initiative (BRI) has made solid progress in increasing connectivity among member countries and regions, and officials and experts noted that technological innovation will take the initiative to the next stage.
China will manage well the financial risks in projects related to the Belt and Road Initiative as the initiative is designed to benefit all parties involved, according to officials and financial experts.
The market share of electric automobiles is expected to reach 30 percent of China's total vehicle sales by 2030, thanks to fast growth momentum due to technological breakthroughs in fuel cells, the car-sharing economy and the younger generation's green lifestyle, industry officials said on Wednesday.
Trade tensions stirred up by the US are overshadowing the growth prospects of the country's two largest trading partners: The European Union (EU) and China.Trade ties between the US and the EU are on shaky ground as well, as the two sides rush to hammer out a new trans-Atlantic trade deal.
The number of Chinese exhibitors at InnoTrans, the railway industry trade fair, in Berlin has been growing steadily for years, Senior Vice President InnoTrans Matthias Steckmann told Xinhua on Wednesday.
China's trade with and investments in African countries are now part of its Belt and Road Initiative, which President Xi Jinping proposed in 2013.
Chinese Premier Li Keqiang on Wednesday called for enhanced discussions among all parties on problems facing the global economy so that common development and prosperity can be promoted.
Chinese exhibitors are showcasing their innovative products and services here on the bi-annual "InnoTrans" railway industry trade fair, the largest of its kind in the world.
A suspect in the case of a massive leak of information on Huazhu Group hotel users has been caught, police said in a statement yesterday.
A participant at the Annual Meeting of the New Champions 2018, or Summer Davos Forum in Tianjin, takes a snapshot of AI robots on display at the event.Xiao said AI is used in the whole value chain of Lexin's business, including customer acquisition, risk management, fund matching, after-debt management and customer service.
The products imported under the new registration policy in 2017 were valued at $28.91 million, and expanded to $73.12 million during the first six months this year, according to Shen.
Alibaba Group's cloud computing arm, Alibaba Cloud, on Wednesday launched the 2.0 version of the ET City Brain system, which is able to cover all 420 square km of urban areas in the eastern Chinese city of Hangzhou.
Alibaba chairman Jack Ma said efforts should be made to promote the healthy development of China-U.S. trade even though it is hard to fulfill his previous promise of creating 1 million jobs for the United States under current circumstances.
X Financial, a Chinese tech-driven personal finance company, rang the New York Stock Exchange (NYSE) opening bell on Wednesday in celebration of its initial public offering (IPO).
The Sports & Fitness Industry Association (SFIA) Tuesday issued a newsletter strongly opposing the new U.S. announcement to raise tariffs on Chinese products worth 200 billion U.S. dollars.
Premier Li Keqiang said Wednesday that China would build a business environment that treats Chinese and foreign companies equally and ensures fair competition.
Chinese Premier Li Keqiang on Wednesday sent a congratulatory message to the opening of the fourth high-level meeting on tourism cooperation between China and 16 Central and Eastern European Countries (CEEC) held in Croatia.
China has unveiled an array of measures to significantly broaden market access since the beginning of 2018, a year marking the 40th anniversary of the reform and opening-up policy.
Lebanese citizens are expected to experience increased power cuts with only 6 to 7 hours of electricity daily in the coming three months, local media reported on Wednesday.
Smart manufacturing is a major application of the Internet of Things (IoT), one of the latest technological innovations that experts say are empowering the Fourth Industrial Revolution. And a perfect case in point is Bosch Automotive Diesel System (RBCD) Co.
China will further reduce the tariff duties on some imports, making the country's overall tariffs continue to fall, and gradually remove the unreasonable charges on imports, Premier Li Keqiang said Wednesday.
Chinese Premier Li Keqiang has called for more efforts to advance mass entrepreneurship and innovation, at the opening plenary of Summer Davos on Wednesday.
"I remain optimistic despite the world economy facing many challenges, such as trade friction, debt problems and even the impact of global warming," he said.China is now making transition to a higher value, lower carbon economy," said Isabel Hilton, editor of Chinadialogue, at the session "China's green leadership."