Former European Central Bank head believes problems can be overcome with talks China’s ongoing efforts to reform and open up its domestic market will benefit the country and the rest of the world, according to former European Central Bank President Jean-Claude Trichet. This month marks the 40th anniversary of the official launch of China’s reform…
Millions using online platforms to support athletic lifestyles Liu Ya, a 28-year-old manager at a public relations agency in Beijing, switches on her phone and opens a fitness app. With just a few taps, she has registered for her weekly barre class, a program that involves using a handrail that provides support for various types…
A businessman from Pakistan introduces products to visitors during the 2018 China International Winter Trade Fair for Tropical Agricultural Products in Haikou, Hainan province, on Dec 16. Yang Guanyu / Xinhua European Commission OKs insurance deal Chinese reinsurer China Re won approval from the European Commission on Dec 18 for its $865 million (759…
“We are proud to deliver, on time, … CRRC’s first subway cars built in the United States.” JIA BO, chairman and president of China Railroad Rolling Stock Corp. “Major bike-sharing participants like Ofo invested heavily in the rapid market expansion and left less room for refined management and maintenance, making it difficult to drive to…
Bernardo Cabot first arrived in Shanghai in 2010 when he was sent by the Spanish hotel group, Melia Hotels International, to establish a presence in the Chinese market. The city was hosting the World Expo and the senior hotelier sensed the direction of the country’s development. “China knew very well what it wanted to be…
Automakers, tech giants and governments are all racing to new tech horizons The Chinese government said it is paying great attention to intelligent vehicles and considers their development vital to easing the burden on transportation, energy consumption and environmental pollution, a top official said. “By 2020, the market scale of the country’s intelligent connected vehicles…
Innovation, technology are bright spots for China, showing an increase of 11.8 percent year-on-year China’s economy can maintain steady and healthy development in 2019, although November’s economic data indicate that downward pressure is piling up, the spokesman for the National Bureau of Statistics said on Dec 14. The spokesman, Mao Shengyong, said at a news…
Chinese tourists are increasingly exploring options that combine health with their holiday experience As the serene northern city of Chiang Mai, Thailand, stirs from its slumber and the first wisp of sunlight shines on the famous Buddhist temple Wat Phra Singh, Lin Yi is ready to begin his early morning run. “The feeling you get…
Huge investments, intensive R&D mark the race toward next-gen mobile technology It’s a high-stakes, high-tech race. Billions, maybe, trillions of dollars are up for grabs globally, and Chinese technology companies are vying to scoop up as much of the fifth-generation, or 5G, mobile telecommunication technology pie as possible as D-Day of commercial launch around 2020…
Increasingly, young professionals are making the jump from multinational companies to homegrown tech houses Multinationals are continuing to lose out to local companies when it comes to securing high-quality professionals in China, especially amid domestic tech firms’ surging success, according to the 2018 China Leadership Report. “Local Chinese companies are redefining our entire way of…