Greater Bay Area to propel China's opening-up, quality drive

Greater Bay Area to propel China's opening-up, quality drive

With a master plan unveiled Monday, China has stepped up efforts to develop its southern bay area around the Pearl River Delta into a world-class city cluster that will lead the country's opening-up and innovation in decades to come.

Macro

China's economic shift awakening huge consumption potential

China's economic shift awakening huge consumption potential

China's evolving economic structure and high-quality development have been accompanied with stronger, new consumer spending power, creating a growth engine with enormous potential.

Industries

Companies

Alibaba says no layoffs in 2019

Alibaba says no layoffs in 2019

Chinese e-commerce giant Alibaba has pledged no layoffs this year, defying a wave of layoffs in the internet sector amid an economic slowdown.

Xiaomi unveils world's first smartphone featuring 20W wireless charging

Xiaomi unveils world's first smartphone featuring 20W wireless charging

Chinese tech giant Xiaomi has rolled out its latest flagship smartphone capable of 20W wireless charging, the first of its kind worldwide.

Lego opens first Beijing flagship outlet in China expansion

Lego opens first Beijing flagship outlet in China expansion

Danish toy giant Lego opened its first Beijing flagship retail outlet Friday as the company steps up expansion in the world's second largest toy consumer market.

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