No middle-income trap for China as restructuring moves forward
Making headway in restructuring, China is seen to have the will and the way to avoid the middle-income trap.
Macro
China strengthens financial oversight to contain risks
Ten days after China decided to set up a new financial oversight body, regulators and industry sources have expressed support to the move to strengthen regulation.
Industries
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The secrets behind China's booming sharing economy
The sharing economy, re-shaping the life of millions, didn't come out of nowhere. Behind it was years of technological development and industrial upgrading.
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Chinese industries to maintain steady operation in H2: official
China's industrial sector is likely to maintain steady operation over the rest of the year on the back of good momentum during the first half, a senior official said Tuesday.
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Companies
China's smartphone makers eye rural Bangladeshi market
In Bangladesh, names on the bestseller list of smartphones include top Chinese brands like Huawei, Oppo, Xiaomi and Vivo that collectively nowadays sell almost as many handsets as the other big brands.
Huawei roots for cloud computing to boost data security amid hacking threats
Governments and corporations should invest in cloud computing that promises better data storage and retrieval options while protecting it from intrusion by hackers, a Huawei Executive said on Thursday.
Baidu reports soaring Q2 profit growth thanks to AI
Chinese tech giant Baidu posted soaring profit growth in the second quarter of this year thanks to its continuous investment in artificial intelligence (AI).
