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Global air passengers set to double by 2038
The International Air Transport Association forecast that global passenger numbers will double in the next 20 years to 7.8 billion people.
Nomura will provide wealth management service in China
“At present, we are going to start from where we have the most strength,” he said. “That is our wealth management service.”
Chinese big data firms vow to better protect user information
Twelve Chinese big data companies, including Internet giant Alibaba, vowed to better protect user data.
Solvency remains stable in China's insurance sector
The average solvency ratio of 176 insurance companies came in at 246 percent at the end of Q2, and that of core assets at 235 percent.
International tech giants to establish AI centers in Shanghai
Microsoft, Amazon, Alibaba announced to establish AI-related innovation centers and research institutes in Shanghai.
China to raise retail prices of gasoline, diesel
China will raise the retail prices of gasoline and diesel from Tuesday, the top economic planner announced Monday.
FMCG benefits from consumption upgrade in China
The ongoing consumption upgrade, which is most pronounced in high-end categories, is having a knock-on effect on certain segments of the FMCG market.
China willing to share opportunities in digital economy: Xi
Chinese President Xi Jinping stressed that China is willing to share the development opportunities in the digital economy with other countries.
Hong Kong Monetary Authority announces launch of Faster Payment System
The Hong Kong Monetary Authority (HKMA) on Monday announced the launch of the Faster Payment System to boost use of new financial technology.
140,000 BMW 3-series vehicles to be recalled in China
German auto brand BMW will recall more than 139,000 of its 3-series vehicles in China from Nov. 9 over a defect in the air-conditioning system.
China's Xiaomi opens two new stores in Spain
Chinese technology company Xiaomi continued its expansion in Spain with the opening of two new stores this weekend.
China's R&D spending sees rapid growth in past decades
China's spending on research and development (R&D) has seen rapid growth in the past 25 years.
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
