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China tightens supervision to promote regional balance in education
China2017-12-15 10:03December 16 2017 00:00:26

China tightens supervision to promote regional balance in education

China has launched a new project to tighten supervision and assessment to narrow the education gap between the east and the central and western regions.

AI reveals first distant solar system rivaling our own in planet number
China2017-12-15 10:03December 16 2017 00:00:26

AI reveals first distant solar system rivaling our own in planet number

Scientists announced on Thursday they have found, for the first time, an eighth planet in a distant star system, tying it with our own solar system for having the most known planets.

Putuo launches Shanghai Science and Technology Financial Industrial Park
China2017-12-15 10:03December 16 2017 00:00:26

Putuo launches Shanghai Science and Technology Financial Industrial Park

Putuo District has announced it is to expand its Changfeng Eco-Business District into the Shanghai Science and Technology Financial Industrial Park, the first of its kind in Shanghai.

China still attractive despite U.S. tax cut
China2017-12-15 09:36December 16 2017 00:00:26

China still attractive despite U.S. tax cut

China will further deepen reforms and ease market access for foreign companies to comprehensively implement the management system for pre-establishment national treatment as well as a negative list.

PPDai and HK firm ink deal to cooperate
China2017-12-15 09:36December 16 2017 00:00:26

PPDai and HK firm ink deal to cooperate

Shanghai-based PPDai, which issued an initial public offering in the US market last month, said yesterday it has signed a cooperation agreement with Hong Kong-based Sun Hung Kai on asset management and online finance.

Auto sales rise to slow next year
China2017-12-15 09:36December 16 2017 00:00:26

Auto sales rise to slow next year

China’s auto sales growth is set to slow to 3 percent next year, according to data from the China Association of Automobile Manufacturers.

Better 2018 for Chinese equities
China2017-12-15 09:36December 16 2017 00:00:26

Better 2018 for Chinese equities

Chinese offshore stocks and A-shares are both expected to perform well in 2018, according to Robeco, an international asset manager.

Thailand sees opportunites from B&R
China2017-12-15 09:36December 16 2017 00:00:26

Thailand sees opportunites from B&R

Thailand expects trade and investment with China to increase under the Belt and Road Initiative as Bangkok unveiled incentives for foreign investment.

China UnionPay launches bank card service in Mozambique
China2017-12-15 09:36December 16 2017 00:00:26

China UnionPay launches bank card service in Mozambique

China UnionPay International launched a bank card service on Thursday that will allow UnionPay cardholders to make transactions in Mozambique.

China asks charity organizations to publicize fundraising info
China2017-12-15 09:33December 16 2017 00:00:26

China asks charity organizations to publicize fundraising info

Charity organizations in China must make certain types of information public, according to a draft regulation released by the Ministry of Civil Affairs (MCA) Thursday for public consultation.

Figo soccer schools across China close without any refunds
China2017-12-15 09:33December 16 2017 00:00:26

Figo soccer schools across China close without any refunds

Several Chinese soccer schools named after the Portuguese legend Luis Figo were reportedly closed without providing refunds to the students, and experts have called for enhanced monitoring and management of soccer training sites.

Checks ordered on juice vending machines
China2017-12-15 09:33December 16 2017 00:00:26

Checks ordered on juice vending machines

Shanghai’s food watchdog has ordered the operator of 120 vending machines offering freshly squeezed orange juice to carry out checks following social media reports of black residue and moldy fruit being found in the dispensed products.

Smaller lenders embrace fintech wave
China2017-12-15 09:32December 16 2017 00:00:26

Smaller lenders embrace fintech wave

Financial technology or fintech, the new kid on the technology block, is spreading from large financial institutions to small and medium-sized banks in China.

Rule to curb Didi taxi cherry-picking
China2017-12-15 09:32December 16 2017 00:00:26

Rule to curb Didi taxi cherry-picking

In a move that will be welcomed by taxi app users, the local transportation commission has blocked drivers using Didi Chuxing from seeing the destination of passengers before accepting their requests.

Cold snap hits North and Northeast China, temperatures tumbling
China2017-12-15 09:32December 16 2017 00:00:26

Cold snap hits North and Northeast China, temperatures tumbling

China Meteorology Administration (CMA) announced on Thursday that a cold front will put parts of North and Northeast China into a deep freeze over the weekend, with temperatures plummeting to close to minus 30 C in some areas on Sunday.

Disney to buy 21st Century Fox' assets for $52.4 bln in stock
China2017-12-15 09:05December 16 2017 00:00:26

Disney to buy 21st Century Fox' assets for $52.4 bln in stock

The Walt Disney Company announced Thursday a deal to acquire many parts of Twenty-First Century Fox for 52.4 billion U.S. dollars in stock.

Freight service to Europe gains momentum in 2017
China2017-12-15 09:05December 16 2017 00:00:26

Freight service to Europe gains momentum in 2017

The establishment of international and intercity coordination agreement has enhanced rail freight service between China and Europe this year.

China remains popular destination for foreign investment: ministry
China2017-12-15 09:05December 16 2017 00:00:26

China remains popular destination for foreign investment: ministry

China will remain a popular destination for foreign investment, due to economic stability, market potential and further opening up, the Ministry of Commerce (MOC) said Thursday.

Shanghai aims to be global cultural, creative center by 2035
China2017-12-15 09:04December 16 2017 00:00:26

Shanghai aims to be global cultural, creative center by 2035

Shanghai municipal government said Thursday it will develop the city into a cultural and creative center with international influence by 2035.

Priest honored for saving thousands from invaders
China2017-12-15 09:04December 16 2017 00:00:26

Priest honored for saving thousands from invaders

Just hours after a national day of mourning for the hundreds of thousands of Chinese killed by invading Japanese troops during the Nanjing Massacre, a stone plaque was unveiled in Shanghai on Thursday honoring Robert Jacquinot de Besange for saving hundreds of thousands more.

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