2017-02-13 13:48

In New Year, All Rebound Signs Flash Go Go Go

Several business confidence surveys have shown that China's attractiveness is regaining traction among entrepreneurs despite a slower GDP growth.Based on a study of over 5,000 industrial businessmen nationwide, the People's Bank of China set the entrepreneur index at 54.2 percent by December, a third quarterly growth in a row.China's factory output and retail sales grew faster than expected by t...

2015-12-18 10:47

Apple and UnionPay join hands to launch Apple Pay in 2016

An Apple iphone 6 with Apple Pay is shown in this photo illustration in Encinitas, California, June 3, 2015.Apple and China UnionPay announced a partnership on Friday to bring Apple Pay, a mobilepayment solution provided by the US tech giant, to its Chinese customers next year.According to the company's statement, users do not have to download an app or push display ontheir smart device in stor...

2015-12-16 09:42

Alibaba Nnnounces Acquisition of HK's SCMP Group Media Assets

A cyclist rides past a signboard of Alibaba Group in Hangzhou city, East China's Zhejiang province, June 25, 2014.HONG KONG - China's e-commerce giant Alibaba Group on Friday announced its acquisition of the South China Morning Post (SCMP), a major English newspaper in China's Hong Kong.Alibaba made the announcement through a press release in Hong Kong, saying that it has made an agreement to a...

2015-12-09 16:07

China's First Medium-low Speed Maglev Railway to be on Trial

Two medium-low speed maglev trains are being tested in Changsha, Hunan Province on Tuesday, December 8th, 2015. As China's first medium-low speed maglev line, trains will be put to the 18.5-kilometer-long railway from Changsha South Station to Huanghua Airport on trial soon. Technicians are working on the Changsha South Station to Huanghua Airport medium-low speed maglev rail line on Tuesday, D...

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