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China's Ministry of Commerce on Wednesday published the names of 11 private refineries with a plan to allow them to directly import crude oil.
China's decision to slash its automobile import tariffs has been welcomed by consumers and carmakers as another milestone in the country's four decades of reform and opening-up.
Tesla has slashed prices for all its models in the Chinese market, following the country's latest auto import tariffs cut, reports jiemian.com.
The Chinese government has asked the nation's centrally-administered state-owned enterprises (SOEs) to sharpen innovation capabilities.
Bank of Shanghai and China Construction Bank signed an agreement to launch China’s first blockchain-based Letter of Credit on Tuesday.
The latest technologies include an application to test skin quality and recommends tips on make-up, artificial intelligence to forecast how people will look like in 30 years, and augmented reality that allows users to interact with stars and brands.
Foxconn Technology Group, the world's largest electronics contractor, has planned to launch a new R&D center in Nanjing in east China's Jiangsu Province, according to a contract signing ceremony.
The first batch of pilot firms subject to new rules drafted by Chinese financial regulators on financial holding companies includes Alibaba's Ant Financial Services Group, Citic Group and China Everbright Group, Bloomberg reported.
At the same time, the number of foreigners seeking healthcare in Lecheng has been rapidly surging over the past month.
Several Chinese groups, including Huarong Asset Management, have been in discussions this year to buy Ingram Micro from HNA Group as the once-acquisitive conglomerate continues its efforts to retrench.
