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Biz / Economy

Shanghai to deepen collaboration with Tencent

The two sides hope to fuel integration of AI, big data and cloud computing with the real economy as the city drives to transform into a modern innovative metropolis.
Biz / Economy

Census preparation checks to center around business entities

Shanghai will launch business entity checks from August to December in preparation for the fourth economic census.
Biz / Company

ZhongAn International to receive strategic investment from SoftBank Vision Fund

ZhongAn Online announced on Monday that its international business arm has partnered with SoftBank Vision Fund to export its insurance and financial technology solutions overseas.
Biz / Company

Tik Tok posts rapid growth in number of users in Japan

The overseas version of Douyin, a Chinese mini music-video app, doubles the number of daily active users in June and July year on year.
Biz / Finance

China's shadow banking activity continues to contract: report

Shadow banking activity in China continues to contract, with formal bank lending dominating the new supply of credit in the first half of 2018, according to Moody's.
Biz / Economy

Need a latte fix? Pick up your mobile

The tie-up between Starbucks and Chinese e-commerce giant Alibaba to offer coffee delivery has caused quite a buzz in the industry.
Biz / Economy

Government's new blueprint provides boost to Binjiang's cultural and creative industry

Zhijiang Cultural Industry Belt's new blueprint is expected to provide an engine of change to Hangzhou's cultural and creative field's development.
Biz / Finance

Global use of yuan stays stable

International usage of the yuan remained stable despite a sharp fall in the offshore exchange rate, according to a new report by Bank of China.
Biz / Company

Ping An Bank's net profit rises 6.5%

Ping An Bank saw a 6.5-percent rise in net profit in the first half of the year thanks to strong performance of retail businesses.
Biz / Economy

China's non-finance ODI gains steadily

China's non-financial outbound direct investment continued to grow steadily in the first seven months of the year, according to official data.
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