Commercial banks in China have stepped up their efforts to deliver better services and improve their business operations with the help of financial technologies, repositioning themselves as technology-driven financial service providers.
Chinese technology companies are intensifying efforts to develop their own artificial intelligence (AI) chips, as the country aims to become self-reliant in key technologies and lessen its dependence on foreign microprocessors.
The fintech industry will be a highlight of the ongoing World Internet Conference, as a Fintech and Construction of a Social Credit System forum will be held on Thursday.
The Ministry of Commerce, together with relevant departments, is conducting research on improving the supervision of cross-border e-commerce retail imports, an official said on Wednesday.
South African President Cyril Ramaphosa on Tuesday ruled out the possibility of selling out the South African Airways (SAA) amid a heated debate on the fate of the national carrier.
Prosecutors have ordered to arrest Lai Xiaomin, former board chairman of China Huarong Asset Management Co. Ltd., a procuratorate in northern China's Tianjin Municipality said on Wednesday.
Apple Corporation has reportedly told its major smartphone assemblers in China to cut down production lines for the new iPhone XR.
Models of the Fuxing fleet of bullet trains attract attention at China's pavilion during the China International Import Expo in Shanghai.The design of China's pavilion at the China International Import Expo is intended to showcase the drive to further expand the nation's opening-up policy, a government official said on Tuesday.
China's five-year treasury bond futures opened mixed on Wednesday, with the contract for settlement in December 2018 opening 0.01 percent lower at 98.33 yuan (about 14.24 U.S. dollars).
Chinese stocks opened mixed on Wednesday, with the benchmark Shanghai Composite Index up 0.02 percent to open at 2,659.84 points.
The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 10 basis points to 6.9065 against the U.S. dollar Wednesday, according to the China Foreign Exchange Trade System.
The value of China's services imports surged 230 times in 2017 compared with 1982, making it the second-largest services importer in the world, figures from the Ministry of Commerce (MOFCOM) showed on Tuesday.
China plans to increase its service-sector imports over the next five years in a bid to satisfy ever-increasing domestic demand and contribute more to global trade, according to a government report issued on Tuesday.
China welcomes companies from home and abroad to participate in the reform of centrally administered State-owned enterprises by forming equity joint ventures and cooperating in industrial upgrading.
As foreign technology giants expressed their confidence in the Chinese market and their willingness to pursue further cooperation in smart manufacturing.
With the China International Import Expo expected to stimulate demand for imports, from machinery and pharmaceuticals to everyday products, cross-border e-commerce companies are preparing to reap the benefits.
Alibaba Group pledged on Tuesday to help import $200 billion worth of goods from more than 120 countries and regions over the next five years.
China will continue to revise its policies and regulations on intellectual property protection and implement stricter enforcement measures to further boost innovation and create a first-class business environment for both domestic and foreign companies.
Speaking of the Chinese economy and opening-up, he said the government will deepen reforms to streamline government administration, delegate more powers, and improve regulation and service.
Singapore believes that services, including financing and legal services, are strengths it can offer China as opening-up accelerates.
A new generation of reinvented toilets will become an annual six-billion-dollar global business opportunity by 2030, Bill Gates, co-chair of the Bill & Melinda Gates Foundation, said Tuesday at the Reinvented Toilet Expo in Beijing.
The Chinese market will open to everyone, "not in a discriminatory fashion," and "it's up to every country to seize the opportunities," World Trade Organization (WTO) Director-General Roberto Azevedo said in an interview here.
China started a project on Tuesday to build its first large, domestically made cruise ship, a major stride in the nation's shipbuilding capabilities.
Tencent Holdings will expand an addiction-prevention system for underage gamers to all of its games, the company said on Monday, as the industry faces increased government scrutiny.
The Dow Jones Industrial Average increased 173.31 points, or 0.68 percent, to 25,635.01. The S&P 500 was up 17.14 points, or 0.63 percent, to 2,755.45.Within separations, the quits rate was unchanged at 2.4 percent and the layoffs and discharges rate was little changed at 1.1 percent, said the department.
One of the world's largest and fastest growing tech companies penned an agreement with one of the oldest and most respected names in accounting on Tuesday at the China International Import Expo, as China's Alibaba Cloud signed a memorandum of understanding with the UK's ACCA.
The China International Import Expo (CIIE) has been a chance to showcase “the best of what the United Kingdom has to offer,” Britain's Secretary of State for International Trade Liam Fox said Tuesday, while calling for reform of the World Trade Organization (WTO) and speaking out against protectionism.
The first China International Import Expo (CIIE) opened in Shanghai on November 5, with Chinese President Xi Jinping delivering a keynote speech entitled “Work together for an open global economy that is innovative and inclusive.”
The fifth World Internet Conference (WIC) will kick off on Wednesday in the eastern Chinese river town of Wuzhen in Zhejiang Province.
China has the foundation, ability and confidence to maintain the RMB exchange rate at a reasonable and balanced level, Chinese Premier Li Keqiang said on Tuesday.