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China / Business

Playing games online finally starts to pay off for China's skill-sharers

[2020-01-07 00:00]

Those who dream of getting paid to play games can now do exactly that as demand for companion services takes off.

Competition heats up in esports industry

[2020-01-07 00:00]

As the lights dim and the audience goes quiet, Zheng Yanzhao keeps his eyes locked on the big screen, ready to watch his favorite esports team play in the 2019 League of Legends Spring Playoffs.

E-commerce platforms eye fresh food expansion

[2020-01-07 00:00]

Major online retailers are accelerating steps to expand their presence in the fresh food sector by providing an offline shopping, leisure and entertainment experience that serves as a pioneering model for future brick-and-mortar stores to satisfy the diversified and personalized needs of their consu

Long-term investment products gain traction

[2020-01-07 00:00]

China will promote effective conversion of household savings into long-term funds in capital markets by strongly developing enterprise annuities, as well as various health and endowment insurance products, according to the China Banking and Insurance Regulatory Commission.

Snack firms, retailers banking on Spring Festival for more growth

[2020-01-07 00:00]

This Spring Festival, three new flavors-cranberry yogurt, purple sweet potato and milk, and coconut-will make the Chinese sweetand-crispy pastry called sachima from confectionery company Hsu Fu Chi International Ltd special.

New order increase buoys service sector

[2020-01-07 00:00]

Though the service sector expanded at a slower pace in December, the growth in new orders in the sector is an indication of further economic stabilization, with more policy easing expected to be implemented in the coming quarters, economists said on Monday.

Short video apps fast becoming popular in China

[2020-01-07 00:00]

Short video applications are not only flourishing in China, but gaining more strength as people across various age groups and geographical locations are using them to kill time, record lives, and even make a fortune.

Opening up, reform results help Tianjin attract foreign investors

[2020-01-07 00:00]

Overseas investors and foreign companies have shown great interest in the mixed ownership reforms of State-owned enterprises in Tianjin after a promotional seminar held in Beijing highlighting Tianjin's achievements in luring private investors to traditional SOEs.

RRR cuts to boost liquidity in housing market

[2020-01-03 00:00]

The People's Bank of China's decision to reduce the reserve requirement ratio, or the amount of cash banks have to set aside as reserves, will ease credit pressure for homebuyers but may not spur huge spikes in home sales, as the broad sentiment that housing is for living instead of for speculation

Kweichow Moutai forecasts lower full-year profit

[2020-01-03 00:00]

Share prices of Kweichow Moutai Co Ltd saw fluctuations on Thursday after the high-end spirit maker reported lower-than-expected annual sales estimates and profit for 2019. The company's shares fell by as much as 5 percent in early trading despite an overall strong A-share market performance.

Equities soar on mainland exchanges

[2020-01-03 00:00]

Share prices rallied on Chinese bourses on Thursday as investor sentiment got a boost from the central bank's decision to inject fresh capital into the financial market to shore up growth by reducing the amount of cash financial institutions must set aside as reserves.

Local toymaker wins market with innovation

[2020-01-03 00:00]

During the 2019 Singles Day festival, a shopping occasion created by Tmall, neither Lego or Bandai, the top two toy brands in the world by value, topped the chart in the toy category.

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