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Major bad debt manager plans 108 bln yuan for 2019 toxic asset disposal

Major bad debt manager plans 108 bln yuan for 2019 toxic asset disposal

2019-02-03 09:38

China Great Wall Asset Management Corporation mulls allocating 108 billion yuan (16.03 billion U.S. dollars) to buy non-performing assets.

Baidu plans new AI cloud computing center in north China

Baidu plans new AI cloud computing center in north China

2019-02-02 13:21

Chinese AI giant Baidu has decided to set up an AI cloud computing center in the northern Chinese city Baoding.

Traveling an inseparable part of happiness among Chinese: report

Traveling an inseparable part of happiness among Chinese: report

2019-01-30 11:42

Traveling is an inseparable part of happiness among Chinese people, according to a report.

Chinas power use growth notches 6-year high in 2018

China's power use growth notches 6-year high in 2018

2019-01-30 09:46

China's electricity consumption, a key barometer of economic activity, rose to 6.84 trillion kilowatt hours in 2018.

Chinas rural areas surpass cities in growth of digital consumption

China's rural areas surpass cities in growth of digital consumption

2019-01-30 09:24

Alibaba's Tuesday report shows that China's rural areas are growing faster than some first-tier cities in digital consumption.

Quality 5G commercial terminals may be out in mid-2019

Quality 5G commercial terminals may be out in mid-2019

2019-01-30 09:20

The first good-enough 5G commercial terminal may make its debut in the middle of 2019.

Chinas petrochemical industry reports steady revenue growth

China's petrochemical industry reports steady revenue growth

2019-01-30 09:10

Producers with main business revenues over 20 million yuan raked in a total of 12.4 trillion yuan in 2018, up 13.6 percent from a year ago.

Tech giants lavish lucky money in mobile users race

Tech giants lavish lucky money in mobile users race

2019-01-30 08:54

Domestic tech giants are racing to bank on the time-honored tradition to gain users for their products as competition at home heats up.

Private sector to play bigger role in infrastructure financing

Private sector to play bigger role in infrastructure financing

2019-01-29 16:54

The private sector will play an increasingly important role in the infrastructure financing market over the next few years.

China’s Banks Are Desperate for Capital

China’s Banks Are Desperate for Capital

2019-01-29 14:30

In the past decade, China has relied primarily on credit growth to fund its economic ambitions.

China brings more new drugs to market with fast-track approval

China brings more new drugs to market with fast-track approval

2019-01-29 10:23

China allows more new domestic drugs, innovative drugs and imported drugs to hit the market in 2018.

Hong Kong minibus adopts mobile payment for first time

Hong Kong minibus adopts mobile payment for first time

2019-01-29 10:09

From now on, residents of China's Hong Kong Special Administrative Region can pay minibus fares through AlipayHK e-wallet.

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