Shanghai to initiate year-long consumption promotion and events - China Economy News
Economy

Shanghai to initiate year-long consumption promotion and events

To encourage spending, Shanghai is initiating 15 campaigns and activities. The highlight is a year-long consumption festival, which coincides with major events throughout the year.
China has the largest population of billionaires, states Hurun Rich List, 2023 - China Economy News
Economy

China has the largest population of billionaires, states Hurun Rich List, 2023

According to the latest Hurun Global Rich List 2023, China has the world's largest population of billionaires with 969, while the US holds the second spot at 691.
Delta areas create industry chain to profit from green assets - China Economy News
Economy

Delta areas create industry chain to profit from green assets

As traditional Chinese herbal medicine grows in popularity, rural areas in the Yangtze River Delta have formed an industry chain to generate wealth from green assets.
Chinese consumers keen to 'spend more' on luxury items, survey finds - China Economy News
Economy

Chinese consumers keen to 'spend more' on luxury items, survey finds

Shanghai defies pandemic, global downturn to post record GDP per capita - China Economy News
Economy

Shanghai defies pandemic, global downturn to post record GDP per capita

US Fed delivers small rate hike amid global banking turmoil - China Economy News
Economy

US Fed delivers small rate hike amid global banking turmoil

Shanghai beefs up efforts on investment promotion over three months - China Economy News
Economy

Shanghai beefs up efforts on investment promotion over three months

Chinese phone brands eye high-end market with photography and AI features - China Tech News
Tech

Chinese phone brands eye high-end market with photography and AI features

Chinese smartphone brands Huawei and Oppo are continuing to appeal to the high-end market. Their latest models include foldable screens, enhanced photography and AI features.
Shanghai set to construct leading computing network - China Tech News
Tech

Shanghai set to construct leading computing network

Shanghai is building a large-scale computing network. With greater capacity and wider applications, it aims to further develop core industries.
Tencent reports rising revenues, net profits in Q4 of 2022 - China Tech News
Tech

Tencent reports rising revenues, net profits in Q4 of 2022

Chinese Internet giant Tencent has reported year-on-year increases in its revenue and net profit during the fourth quarter of 2022, despite drops in its annual earnings.
STAR-listed Kingsoft Office posts profit growth, incorporating AI functions - China Tech News
Tech

STAR-listed Kingsoft Office posts profit growth, incorporating AI functions

Google launches ChatGPT rival in US and UK - China Tech News
Tech

Google launches ChatGPT rival in US and UK

Amazon to cut 9,000 more employees in new round of layoffs - China Tech News
Tech

Amazon to cut 9,000 more employees in new round of layoffs

Veteran investor to debut another Chinese generative AI tool - China Tech News
Tech

Veteran investor to debut another Chinese generative AI tool

Vitesco electrifies China market with investments, big plans - China Auto News
Auto

Vitesco electrifies China market with investments, big plans

Vitesco Technologies has invested over 500 million euros (US$544.20 million) in the Chinese market purely for electrification, including setting up a new R&D center in Tianjin.
SAIC Motors starts first self-operated shipping route from Ningde to Mexico - China Auto News
Auto

SAIC Motors starts first self-operated shipping route from Ningde to Mexico

Taking advantage of China's Belt and Road Initiative, Chinese auto manufacturer SAIC Motors has begun its first self-operated shipping route, exporting 1,000 cars to Mexico.
Musk, China's BYD deny report on Tesla ending battery supply cooperation - China Auto News
Auto

Musk, China's BYD deny report on Tesla ending battery supply cooperation

"That media report is false. Relations between Tesla and BYD are positive," Musk said in a tweet on Tuesday.
China's NEVs sales surge in February to 439,000 units - China Auto News
Auto

China's NEVs sales surge in February to 439,000 units

U Power's chassis-by-wire to slash customization costs of EVs - China Auto News
Auto

U Power's chassis-by-wire to slash customization costs of EVs

Tesla to build new plant in Mexico worth over US$5b - China Auto News
Auto

Tesla to build new plant in Mexico worth over US$5b

Toyota's global car sales retreat for 2nd month in January - China Auto News
Auto

Toyota's global car sales retreat for 2nd month in January

Toshiba says it will 'support' US$15 bn takeover bid - China Company News
Company

Toshiba says it will 'support' US$15 bn takeover bid

Troubled Japanese conglomerate Toshiba said Thursday it will "support" a US$15 billion takeover bid by a consortium led by investment fund Japan Industrial Partners.
Epson launches green, digitalized strategies in China - China Company News
Company

Epson launches green, digitalized strategies in China

Tech giants, including Epson, IBM, Microsoft and Lenovo, have announced green strategies in China recently, covering recycled package materials and sustainable development.
Suntory promotes water conservation in schools across Shanghai and Beijing - China Company News
Company

Suntory promotes water conservation in schools across Shanghai and Beijing

It's hoped to introduce the project to over 80 schools in Shanghai and Beijing, to promote water conservation classes to approximately 25,000 primary school pupils this year.
China's home appliance giant Haier builds 1st plant in Egypt - China Company News
Company

China's home appliance giant Haier builds 1st plant in Egypt

Shanghai firm adopts ChatGPT-like service in AI-assisted diagnosis and treatment - China Company News
Company

Shanghai firm adopts ChatGPT-like service in AI-assisted diagnosis and treatment

Chinese firms lead the global push for green power certificates - China Company News
Company

Chinese firms lead the global push for green power certificates

Home appliance giant develops NEV business for revenue growth - China Company News
Company

Home appliance giant develops NEV business for revenue growth

China's home price uptick points to stabilizing property sector - China Property News
Property

China's home price uptick points to stabilizing property sector

Major Chinese cities in general reported rising home prices last month, adding to evidence of a stabilizing property sector, official data showed Thursday.
China's home prices up in February in major cities - China Property News
Property

China's home prices up in February in major cities

Major Chinese cities in general reported rising home prices last month, adding to evidence of a stabilizing property sector, official data showed Thursday.
China pilots privately offered funds in property sector - China Property News
Property

China pilots privately offered funds in property sector

The country's top securities watchdog has launched a pilot program for privately offered funds in the real estate industry to meet its reasonable financing demand.
China's home prices slightly up in January - China Property News
Property

China's home prices slightly up in January

China's home prices continue to ease in December 2022 - China Property News
Property

China's home prices continue to ease in December 2022

China to promote steady recovery of property sector: senior official - China Property News
Property

China to promote steady recovery of property sector: senior official

China allows cities to set lower limit on first-home mortgage rates - China Property News
Property

China allows cities to set lower limit on first-home mortgage rates

New York-based Flagstar Bank acquires partial assets of Signature Bridge Bank - China Finance News
Finance

New York-based Flagstar Bank acquires partial assets of Signature Bridge Bank

New York Community Bancorp, Inc announced on Monday that its wholly owned subsidiary Flagstar Bank, N.A. has acquired partial assets of Signature Bridge Bank N.A.
HK financial regulators welcome UBS' acquisition of Credit Suisse - China Finance News
Finance

HK financial regulators welcome UBS' acquisition of Credit Suisse

The Hong Kong banking sector is resilient, the regulator said, noting the exposures of the local banking sector to Credit Suisse are insignificant.
UBS to buy Credit Suisse: Swiss government - China Finance News
Finance

UBS to buy Credit Suisse: Swiss government

Credit Suisse will be taken over by Swiss banking giant UBS, the Swiss federal government said on Sunday.
UBS seeks US$6b in govt guarantees for Credit Suisse takeover: source - China Finance News
Finance

UBS seeks US$6b in govt guarantees for Credit Suisse takeover: source

Idea of ESG catching on with enterprises - China Finance News
Finance

Idea of ESG catching on with enterprises

Survey points to importance of financial education - China Finance News
Finance

Survey points to importance of financial education

Credit Suisse to borrow up to US$54b as it seeks to calm investor fears - China Finance News
Finance

Credit Suisse to borrow up to US$54b as it seeks to calm investor fears

Xi'an showcases tourism in Shanghai, along with potential tourism investment - China Event News
Event

Xi'an showcases tourism in Shanghai, along with potential tourism investment

The city of Xi'an held a promotional event in Shanghai, showcasing tourism and intangible cultural heritage. The event also wooed potential investors in the tourism industry.
Shangyu bets on high-quality growth of manufacturing and expects Shanghai a part of it - China Event News
Event

Shangyu bets on high-quality growth of manufacturing and expects Shanghai a part of it

Zhejiang's Shangyu is increasing cooperation with Shanghai to further develop high-quality industries, ranging from new materials, high-end machinery to biomedicine.
Consumers experience voice command functions in cars prompting improvements - China Event News
Event

Consumers experience voice command functions in cars prompting improvements

12 auto companies joined an event in Minhang, inviting consumers to experience voice command functions in cars. The aim was to receive feedback and make improvements accordingly.
MWC Barcelona attracts over 88,000 attendees - China Event News
Event

MWC Barcelona attracts over 88,000 attendees

Binjiang District unveils blueprint to build 'China's Digital Valley' - China Event News
Event

Binjiang District unveils blueprint to build 'China's Digital Valley'

New platform launched to help EU firms in Changning - China Event News
Event

New platform launched to help EU firms in Changning

Dubai woos Chinese visitors with visa-free policy, new attractions - China Event News
Event

Dubai woos Chinese visitors with visa-free policy, new attractions

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