A seven-year-old Chinese smartphone vendor, Xiaomi, has recently released its six-generation flagship device, Mi 6. The latest model was unveiled in Beijing on Wednesday, and will stay firm in the country's increasingly competitive market.
Paytm, India's largest mobile wallet operator by user number, is on course to introduce a money market fund, a credit scoring system and other functions similar to the architecture of Alipay by 2020, its chief executive officer said.
Home prices in lower-tier cities rose faster in March and those in some first-tier cities dropped slightly as new city-specific home purchase policies took effect, according to data issued by the National Bureau of Statistics released on Tuesday.
The robust growth of the Chinese economy in the first quarter is a positive sign for the global economy, the head of a US business lobbying group said on Tuesday, calling for further progress in bilateral trade and investment relations.
An American business group says China's push to develop its own technology and other industries has "narrowed the space" for foreign companies to compete in its market.
The much-anticipated C919, the large homegrown passenger jet, has finished its first high-speed taxiing test, and it is just one step closer to its maiden flight.
China's economy got off to a strong start in the first quarter, with GDP expanding at a higher-than-expected 6.9 percent year-on-year. The result, analysts said, has laid a solid foundation for the country to achieve its growth target of at least 6.5 percent this year.
Internet-enabled technologies and business models have given China's economy a new burst of momentum and changed the nature of growth, experts said.
CRRC Qiqihar Rolling Stock Co, China's biggest freight train manufacturer by production volume, received 7,900 freight car orders from home and abroad in the first quarter, gaining new growth momentum after two years of declining market conditions, its officials said on Monday.
The wide gap in financial development between cities in Asia-pacific region and traditional financial centers in the west is narrowing, according to a recent report.