China’s passenger vehicle sales edged up slightly in 2017 and are expected to grow faster this year, according to an industrial association Tuesday. About 24.2 million passenger vehicles were sold last year, up 1.5 percent year on year, according to the China…
New businesses gave a boost to China’s services activity which expanded in December by the quickest momentum in four years, a private report showed yesterday. The Caixin China General Service PMI rose to 53.9 at the end of the year from 51.9…
The State Council made arrangements to optimize the business environment to stimulate market vitality and social creativity, at an executive meeting Wednesday. Premier Li Keqiang, who chaired the meeting, called for universal use of a negative list of sectors and businesses off…
As part of the plan to contain housing price, China vows to step up housing system reform and create a long-term market mechanism. When and how a property tax will be levied has long been a public concern. China’s finance minister Xiao…
Shanghai’s first “corporate service lab” has opened in a number of downtown districts to offer legal, financial and other support to local startup companies. The service project, named “wehome LINK”, was initially established in two major Dobe innovative parks in Changning and…
Shanghai municipal government said Thursday it will develop the city into a cultural and creative center with international influence by 2035. According to a newly-issued document, which introduced 50 promotional measures, the added value of the cultural and creative industry will account…
Customers try the Google Daydream VR at a Google pop-up shop in the SoHo neighborhood in New York City. The shop lets people try out new Google products such as the Pixel phone, Google Home, and Daydream VR Amid the enthusiasm shown…
Global technology giant Google announced on Wednesday the opening of its artificial intelligence (AI) center in China during its second developers conference in Shanghai. The new AI center will be based in Beijing. A small group of researchers supported by hundreds of…
Residents stroll through the streets of Ankang city, Shaanxi province. Tuesday marks the third anniversary of the start of operations of the central route of the South-to-North Water Diversion Project, a massive infrastructure program designed to transport water from the south of…
It took Nikita Ermakov, a second-year Russian student at Peking University’s Yenching Academy, four months of job hunting and many interviews before he finally got an offer from the HNA Group, a Chinese conglomerate on the Fortune 500 list. He is currently…
