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China's listed firms spend more on R&D
China's listed firms have ramped up spending on R&D last year as both emerging and traditional industries invest heavily for long-term growth.
Pinduoduo plans 50 bln yuan on rural e-shops
Pinduoduo announced its plan of investing no less than 50 billion yuan in the next five years to promote e-commerce in rural areas of the country.
Huawei's Q1 business results in line with expectations
Chinese tech giant Huawei on Tuesday reported its sales revenue totaled 182.2 billion yuan (about $25.7 billion ) for Q1 of 2020, up 1.4% y-o-y.
Bright Dairy posts strong profit growth in 2019
Bright Dairy & Food Co., Ltd., one of China's leading dairy producers, said its net profit rose 45.8 percent year on year to 498 million yuan.
China Mobile profits inch down 0.8 pct in Q1
China Mobile, one of the country's leading telecommunication operators, on Monday reported its net profits decreased by 0.8% y-o-y in the Q1 of 2020.
Disney furloughs 100,000 employees amid COVID-19 pandemic
Walt Disney Co., is now suspending salary payments to over 100,000 employees, mostly cast members in its theme parks.
Ping An Bank posts steady profit growth in Q1
Ping An Bank, a Shenzhen-listed lender controlled by Ping An Insurance, reported a 14.8-percent year-on-year growth in net profit for the Q1 of 2020.
Japan's e-commerce giant Rakuten starts selling COVID-19 testing kits
Japanese e-commerce giant Rakuten Inc. said on Monday it has started selling COVID-19 testing kits to businesses in Tokyo.
China's central SOEs take lead in work resumption
China's SOEs have taken the lead in resuming production to help global industrial and supply chains counter the COVID-19 impact.
Alibaba Cloud announces mammoth infrastructure investment
Alibaba's cloud computing branch announced on Monday it would invest 200 billion yuan in the research and development of core technologies.
Digital giants to share revenue with Australian media companies
Technology giants will be forced to share advertising revenue with Australian media companies under a mandatory code of conduct.
China's central SOEs report 11.8-pct fall in revenues
Revenues of China's centrally-administered state-owned enterprises (SOEs) fell 11.8 percent year on year to 6 trillion yuan during the first quarter.
Feature: Tourism rejuvenates old Silk Road town
Feature: Chinese digital company seeking growth in U.S.
To Sort Anbang’s Assets, Chinese Authorities Create Dajia
UBS: The globe is headed for a recession if U.S-China trade talks fails
