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China's sharing economy is now exporting innovations
China2017-06-27 11:05June 28 2017 04:37:20

China's sharing economy is now exporting innovations

Chinese bike-sharing startup Mobike is set to introduce 1,000 bikes to Manchester and Salford in the United Kingdom on June 29 in a bid to the European market.

China strengthens supervision of public funds deposit
China2017-06-27 11:05June 28 2017 04:37:20

China strengthens supervision of public funds deposit

China will strengthen supervision of commercial banks in deals of public funds deposit, to maintain a fair and orderly market, said the banking regulator in a statement on Monday.

U.S. social media networks, Microsoft join hands to fight against terrorism
China2017-06-27 11:05June 28 2017 04:37:20

U.S. social media networks, Microsoft join hands to fight against terrorism

Facebook, Microsoft, Twitter and YouTube announced Monday the formation of a forum to help make their “consumer services hostile to terrorists and violent extremists.”

Alibaba hires top scientist to mastermind AI drive
China2017-06-27 11:05June 28 2017 04:37:20

Alibaba hires top scientist to mastermind AI drive

Internet powerhouse Alibaba Group Holding Ltd has appointed a seasoned scientist at Amazon.com Inc to spearhead its efforts in artificial intelligence, a move that will propel its so-called “NASA plan” to double up on technology research.

Beijing subway launches smartphone version of travel card
China2017-06-27 11:04June 28 2017 04:37:20

Beijing subway launches smartphone version of travel card

Beijing subway system launched a trial of its new smartphone travel card on Monday, allowing users to swipe their phones just like a travel card to ride the train.

Global collaboration will be increased to fight drug crimes by foreigners
China2017-06-27 09:49June 28 2017 04:37:20

Global collaboration will be increased to fight drug crimes by foreigners

China would like to strengthen intelligence sharing and joint law enforcement with other nations to combat drug offenses committed by foreigners, according to the Ministry of Public Security.

Torrential rain affects over 3.5 million people in China
China2017-06-27 09:49June 28 2017 04:37:20

Torrential rain affects over 3.5 million people in China

Continuous torrential rain since Thursday in parts of Anhui, Hunan, Zhejiang and Guizhou provinces affected at least 3.5 million people.

China's new bullet train has top speed of 400 km/hr
China2017-06-27 09:49June 28 2017 04:37:20

China's new bullet train has top speed of 400 km/hr

China unveiled its next-generation bullet train to the public Monday, capable of top speeds of 400 kilometers per hour, as two “Fuxing” trains traveled between Beijing and Shanghai with passengers for the first time.

China marks anti-drugs day with sentences, TCM rehab
China2017-06-27 09:49June 28 2017 04:37:20

China marks anti-drugs day with sentences, TCM rehab

China marked the International Day against Drug Abuse and Illicit Trafficking with the executions of drug leaders and exhibitions to scare off potential drug users, amid stronger efforts to fight the war on drugs.

Chinese premier calls for building of equitable, open world economy
China2017-06-27 09:48June 28 2017 04:37:20

Chinese premier calls for building of equitable, open world economy

Chinese Premier Li Keqiang called on all countries to make concerted efforts in building a more fair, just and open world economic system on Monday.

China sets up pilot zones to boost green finance
China2017-06-27 09:48June 28 2017 04:37:20

China sets up pilot zones to boost green finance

China announced plans on Monday to set up pilot zones for green finance, supporting its industrial upgrades and anti-pollution campaign.

SOHO in $526m Shanghai estate sale
China2017-06-27 09:41June 28 2017 04:37:20

SOHO in $526m Shanghai estate sale

SOHO China said yesterday that it had sold a mixed-use office and retail complex in Shanghai’s Hongkou District to a group of buyers through equity transaction for 3.6 billion yuan ($526 million).

IPO to slow for market stabilization
China2017-06-27 09:41June 28 2017 04:37:20

IPO to slow for market stabilization

Initial public offerings will slow down on China’s mainland in the second half with tighter criteria to help stabilize the market amid slower growth and tightening liquidity, Ernst & Young said yesterday.

Housing sales recover after 4-week lull
China2017-06-27 09:41June 28 2017 04:37:20

Housing sales recover after 4-week lull

Home buying sentiment rose for the first time in four weeks amid a strong recovery in home sales in outlying areas, latest market data showed.

China’s investment in U.S. to cool in 2017
China2017-06-27 09:41June 28 2017 04:37:20

China’s investment in U.S. to cool in 2017

China’s direct investment in the United States will fall this year under tightening scrutiny and regulation but U.S. investment here will remain robust led by technology and consumer goods, a new study showed yesterday.

Millions of Chinese Muslims celebrate Eid al-Fitr
China2017-06-27 09:41June 28 2017 04:37:20

Millions of Chinese Muslims celebrate Eid al-Fitr

Millions of Muslims in China are joining communities across the world to celebrate Eid al-Fitr, the end of the holy month of Ramadan.

Pedestrian bridges to line Huangpu’s banks
China2017-06-27 09:41June 28 2017 04:37:20

Pedestrian bridges to line Huangpu’s banks

Eighteen pedestrian bridges will be built along the banks of Huangpu River by the end of the year, the city’s major engineering designing body said.

Beijing issues first foreign work permit under new system
China2017-06-27 09:41June 28 2017 04:37:20

Beijing issues first foreign work permit under new system

Beijing authorities issued its first work permit for a foreigner on Monday since China launched a streamlined work permit system for foreigners in April.

Walking in the steps of revolutionaries
China2017-06-27 09:41June 28 2017 04:37:20

Walking in the steps of revolutionaries

Shanghai Tourism Administration on Sunday announced summer events across the city and five walking routes taking tourists to historical sites recording the Chinese revolution.

AI: soon in a store near you
China2017-06-27 09:41June 28 2017 04:37:20

AI: soon in a store near you

Five stores with artificial intelligence machines instead of human cashiers and check-out lines will open in a beta test in Shanghai next month as part of the AI revolution transforming China’s retail industry.

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