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Coffee chain Luckin makes foray into tea drinks market

Coffee chain Luckin makes foray into tea drinks market

2019-07-08 21:02

Chinese coffee startup Luckin Coffee on Monday announced its entry into the tea drinks market.

Chinas cloud computing market close to 14 bln U.S. dollars

China's cloud computing market close to 14 bln U.S. dollars

2019-07-08 17:59

The market size of cloud computing in China reached 96.28 billion yuan (13.97 billion U.S. dollars) in 2018, up 39.2 percent from 2017.

China-developed heavy ion cancer treatment system to be operational

China-developed heavy ion cancer treatment system to be operational

2019-07-08 11:40

A heavy ion cancer treatment system developed by Chinese researchers will soon be put into operation in northwest China's Gansu Province.

Shanghai aims to have full 5G coverage by 2020

Shanghai aims to have full 5G coverage by 2020

2019-07-08 11:40

Shanghai will realize full 5G coverage by 2020, said a guideline for promoting 5G network coverage and application over the next three years.

China Taiyuan coal transaction price index up 0.01 pct

China Taiyuan coal transaction price index up 0.01 pct

2019-07-08 11:28

China Taiyuan coal transaction price index stood at 139.79 points on Monday, up 0.01 percent week on week.

U.S. technology giant to face stricter curbs in Australia: Aussie Treasurer

U.S. technology giant to face stricter curbs in Australia: Aussie Treasurer

2019-07-08 10:03

Australia's Treasurer Josh Frydenberg has warned technology giants such as Google and Facebook to expect restrictions on their market power.

Shandong takes biggest bite of Chinas 2018 catering market

Shandong takes biggest bite of China's 2018 catering market

2019-07-07 21:24

China's catering market saw continued growth in 2018, with east China's Shandong Province ranking first among 31 provincial regions in China.

Deutsche Bank launches restructuring plan, ending stock trading business

Deutsche Bank launches restructuring plan, ending stock trading business

2019-07-07 19:10

Deutsche Bank announced that it will withdraw from the global stock trading business as part of a restructuring plan to improve its profitability.

Chinas heavy truck sales continue to fall in June

China's heavy truck sales continue to fall in June

2019-07-07 17:07

China's heavy truck sales recorded the largest drop of this year last month, down 11 percent from a year ago.

Chinas fitness industry has over 64 mln active monthly users: report

China's fitness industry has over 64 mln active monthly users: report

2019-07-07 16:56

The amount of active monthly users (MAU) in China's fitness sports industry rose 1.7 percent year on year to 64.22 million by the end of May 2019.

Chinas mobile internet traffic surges in Jan-May

China's mobile internet traffic surges in Jan-May

2019-07-07 16:43

China's mobile data consumption more than doubled in the first five months this year despite the slower expansion of the telecom sector.

China to overtake U.S. as worlds biggest insurance market

China to overtake U.S. as world's biggest insurance market

2019-07-07 14:54

China is expected to surpass the United States to become the world's largest insurance market in the mid-2030s.

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