There's no question that China – once regarded by luxury goods manufacturers as the 'golden goose' of retail, has lost some of its luster. Much has been said about the reasons ...
Chinese officials urged on Thursday to improve regulations over and establish cross-ministry cooperation on automated and connected vehicles, specifically autonomous driving technologies.
The same year Jasmine Li, whose grandfather was the fourth-ranked politician in China at the time, donned a floral Carolina Herrera gown and debuted at a ball in Paris, a company called Harvest Sun Trading Ltd. was born in an aging building at the edge of Hong Kong's red light district. The next year Li bought the company for US$1.
The government is mapping out plans to use the Internet to lower logistics and distribution costs and promote e-commerce in rural areas, a top official said on Friday.
Leading Chinese e-commerce companies said they won't increase the prices of imported items in the short term, though a new policy, which took effect on Friday, raised tax rates on popular items such as food and baby products.
China's largest online travel agency, Ctrip, will sell its 2017 travel-around-the-world trip on April 25.
Fears that a selling ban imposed on major shareholders of listed companies will expire soon are unfounded, an analyst said as the Chinese stock market declined for a third day on Friday.
Alibaba Group Holding Ltd has joined a group seeking to buy out Chinese dating app Momo Inc, which is expected to accelerate its privatization process.
The digital mapping arm of e-commerce conglomerate Alibaba Group Holding Ltd officially unveiled its Internet-enabled navigation system for cars on Thursday.
China becomes the world's largest acquirer in terms of the value of merger and acquisition (M&A) deals in the first quarter, according to Xinhua News Agency citing Dealogic, a global financial data provider.