April 21st, 2019
New Delhi: Unfazed by the ban on TikTok in India, the popular Chinese short video app's parent ByteDance remains "very optimistic" and plans to invest $1 billion in the country over the next three years.
ByteDance — touted to be among the world's most valuable startups with investors like SoftBank, General Atlantic, KKR and...
December 31st, 2018
Consumers in China are increasingly opting for smart and quality products online as robots and imported goods are gaining popularity as stated by a report.
The report was announced by e-commerce giant Alibaba's Taobao village and think tank Aliresearch. It showed the consumption trend in the first 11 months of 2018 in the nearly...
December 29th, 2018
China has announced its list of the most innovative companies in the country and Huawei was ranked first among the most innovative company in China, followed by Alibaba and Xiaomi, in a list published by Fortune China.
The Chinese-language edition of Fortune released its ranking of "China's most innovative companies for 2018" on...
December 26th, 2018
China has become an integral part of the growth plans of many US businesses, not just because of its sheer size but also due to its strategic importance.
"China is actually becoming the leader in many markets and technologies that we are interested in," said Shafer, referring to digital platforms in China that help companies engage...
December 25th, 2018
China plans to build 212 national logistic hubs and form a national logistics hub network in line with the advanced economic system by 2035.
About 30 hubs will be established by 2020 and another 150 will be built by 2025, reducing the ratio of total logistics expenses to GDP to about 12 percent, according the overall arrangement and...
December 25th, 2018
E-commerce giant JD.com has become the first Chinese tech tycoon to launch peer-to-peer online lending products.
"Hefeng online lending" or literally "Hefeng Wangdai", a platform providing information service on P2P online lending under JD.com, sold out all the products within seconds after it started operation on Sunday.
This...
December 24th, 2018
China's top economic planner has pledged to strengthen the advanced manufacturing sector and foster a stronger domestic market amid efforts to stabilize economic growth.
He Lifeng, head of the National Development and Reform Commission, said China will narrow the gap in major technical equipment capabilities to tap into the huge...
