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May, 24, 2016

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China > Business
Incentives main driving force for sales of NEVs
Favorable policies remain the main driving force of new-energy car sales in China, and whether market demand will take over depends on technical breakthroughs and infrastructure, according to industry insiders.
 
More effort is needed to fight money laundering within China as the country becomes more integrated into global markets, the People's Bank of China has urged.
 
Online shopping index jumped 12.1 times as much as that of five year ago, and consumers spent more online on entertain and leisure, according to a report released on Saturday by the Ant Financial, Alibaba's online financial platform.
 
Ahead of the Shanghai Disney Resort inauguration on June 16, Chinese conglomerate Dalian Wanda Group sent a signal to its rival that it plans to remain the industry leader in China.
 
Samsung partners with China's Alipay
Samsung Electronics Co Ltd has struck a partnership with Chinese payment service Alipay, to expand Samsung Pay in the world's largest smartphone market.
 
Uber lures clients with art
Offbeat initiative comes amid fierce competition in Beijing with ride hailing rival Didi Chuxing
 
Chinese brands best performers in China: consumer goods survey
A fast-moving consumer goods (FMCG) industry survey shows that local brands take up 75 percent of purchases in China.
 
Didi president drops hints for Apple's $1b investment
There's a lot of wild guessing around the possible reasons for Apple Inc's recent $1 billion investment in Didi Chuxing, China's biggest ride-sharing company, as analysts say the California-based tech giant wouldn't usually participate in a fund-raising round for a startup.
 
Sogou teamed up with Microsoft on Thursday, launching an English language search service in a bid to gain more market share in China's online search market.
 
Chinese e-commerce giant JD.com Inc announced the launching of its June 18 anniversary shopping spree of 2016, which is called "quality carnival" for the first time, on Wednesday in Beijing.
 
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