Shifting trends behind China's record shopping spree
China's annual shopping spree festival unsurprisingly saw a string of records, while behind these numbers underlie the country's shifting economic trends.
Macro
Power engines behind Double 11's shining records
China's major online shopping platforms shattered records during China's Singles' Day shopping spree.
Financials
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China to nurture new business models for integrated development
China will promote deeply integrated development of the manufacturing industry and modern service industry by nurturing 10 new business models.
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Resisting pressure, China confident of meeting economic target
Readings of major economic indicators revealed continued growth in first 10 months, with value-added industrial output expanding 5.6% year on year.
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Companies
Alibaba starts listing in China's Hong Kong
Chinese e-commerce giant Alibaba Group Holding Ltd. started listing on the main board of Hong Kong stock exchange on Friday.
China Mobile has almost 50,000 5G base stations
China Mobile, one of the country's leading telecommunications operators, has nearly 50,000 5G base stations in use so far, the company's chairman Yang Jie said.
JD's revenue up 28.7 pct in Q3
China's e-commerce giant JD.com saw a 28.7 percent year-on-year rise in net revenue in the third quarter of this year, according to JD.com's financial report released Friday.
