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China / Business

Sci-tech center to lift GBA prospects

[2020-01-16 00:00]

Building a comprehensive science and technology center in the Guangdong-Hong Kong-Macao Greater Bay Area will help better upgrade industries in Guangdong province, officials said on Wednesday.

PBOC moves closer to the launch of DC/EP, its own digital currency

[2020-01-16 00:00]

The Chinese monetary authority has identified digital currency as one of the nation's most important infrastructure areas in the coming years, and the global community is expecting the birth of a digitalized renminbi this year.

Serious topics come to the fore in live talk shows

[2020-01-12 09:11]

While Dick Clark's New Year's Rockin' Eve has dominated the broadcast scene for decades as the Americans embrace the New Year, Chinese are opting to stay in front of a TV watching a live talk show discussing serious topics like the economy this year.

Brands bank on Mickey and friends to drum up sales in Year of the Rat

[2020-01-12 09:11]

With the Year of the Rat just around the corner, consumer brands are vying with each other to use popular cartoon characters like Mickey Mouse and Minnie Mouse as their brand ambassadors to reach more Chinese consumers.

Tesla plans to produce Model Y in Shanghai

[2020-01-08 00:00]

US electric carmaker Tesla Inc said on Tuesday that Model Y would be the second model it would make in China after the Model 3 sedan, a move that analysts say would help it gain a bigger share in the world's largest car market.

Groundbreaking measures start to pay off for mainland bourses

[2020-01-08 00:00]

Despite a lukewarm global landscape of new share sales, capital raised on the Chinese mainland market last year surged to a seven-year high, as groundbreaking market-oriented reforms started to pay off in serving the real economy, experts said.

Tech firms to benefit from innovation

[2020-01-08 00:00]

China's A-share market is finally going to see the first initial public offering of a firm with dual-class shares, a special equity structure used by overseas public tech firms, which received the regulatory nod last month.

Consultancy firm finds sweet spot in strategic positioning services

[2020-01-08 00:00]

Trout& Partners, a US firm which offers strategic advisory services, is increasing its presence and investment in China to help more Chinese companies use strategic positioning for gaining an edge in global markets, according to company officials.

Piano maker hits the right notes for growth in China

[2020-01-08 00:00]

US piano maker Steinway & Sons is bullish on long-term growth prospects in China and has earmarked an ambitious expansion plan to achieve the same, according to a top company official.

Smartphone vendors raise their game in India

[2020-01-08 00:00]

Chinese smartphone vendors are upping their ante in India as they increase investments to open more factories in the world's second largest smartphone market.

XCMG gets nod for fully-owned bank in Brazil

[2020-01-08 00:00]

Chinese construction machinery maker Xuzhou Construction Machinery Group (XCMG) has got the necessary approvals to set up a fully-owned overseas bank in Brazil during the first quarter of this year, according to a top company official.

Innovative use of sales agents gives Vivo a massive edge in subcontinent

[2020-01-08 00:00]

Chen Xiaofei has been a smartphone sales agent in India for more than five years, but he clearly remembers the day when he followed Chinese smartphone vendor Vivo to venture into the South Asian country for new opportunities.

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