U.S.-based tech giant Amazon.com Inc plans to shut down its third-party seller services on its Chinese online marketplace in July, as it shifts its focus to offering Chinese mainland consumers overseas products rather than goods from local sellers.
China plans to build Hengqin Island in south China's Guangdong Province into a global tourism destination, according to an official announcement from the National Development and Reform Commission on Thursday.
After settling a lawsuit with iPhone maker Apple, U.S. chipmaker Qualcomm has added about 26 billion U.S. dollars to its market value over the course of two days.
China's largest lender has issued its first green bonds focusing on Belt and Road inter-bank regular cooperation (BRBR) in its latest bid to support the initiative's development.
The Belt and Road Initiative (BRI) has provided an opportunity for the world to transition into a sustainable energy future, experts say.
Luckin recorded 375 million yuan in revenue while the loss and gross margin were 875 million yuan and -433 million yuan in the first nine months of last year, according to NetEase, citing the firm's financing plan.
Amazon.com, the world's largest e-commerce business by revenue and market capitalization, said it is closing its domestic marketplace in China in July. A Chinese analyst said the change won't affect the company's global image.
The new lawsuit against Liu Qiangdong, the billionaire founder and CEO of Chinese e-commerce giant JD, and his company filed by a University of Minnesota student might further shake investors' confidence, and tarnish the image and reputation of the company, amid tougher competition from rivals such as Alibaba and Pinduoduo.
Tim Stratford, chairman of the American Chamber of Commerce in China, said reform of the World Trade Organization, which sets the rules for international trade, should be high on the agenda.
Major domestic dairy companies have witnessed a faster rate of growth in sales of cheese products than the overall dairy market and that of liquid milk.Sales of dairy products such as cheese, butter and milk powder hit 8.05 billion yuan, an increase of 25.14 percent annually, according to Yili's latest earnings report.
Taobao started its trial of livestreaming three years ago. According to National Business Daily, Taobao Livestreaming created a new industry worth 100 billion yuan ($14.96 billion).
Beijing will establish 10 areas for late-night dining by the end of 2021 to meet the growing needs of the public, authorities said on Wednesday.
The Walt Disney Company announced Wednesday that it will donate 5 million U.S. dollars to help rebuild the fire-ravaged Notre-Dame Cathedral in Paris.
The U.S. trade deficit shrank to 49.4 billion U.S. dollars in February, down 3.4 percent month-on-month, data released Wednesday by the U.S. Department of Commerce showed.
Over the past few days, a scandal involving an apparently defective Mercedes-Benz car that sparked widespread anger in China has finally come to a solution, with the consumer who bought an oil-leaking car reportedly reaching a settlement with the local dealership.
The European Commission published on Wednesday for public consultation a list of U.S. goods worth 20 billion U.S.The EU is taking steps towards requesting the arbitrator to resume its work," the European Commission said on Wednesday.
China's economy grew at a faster-than-expected 6.4 percent year-on-year in the first quarter, matching the rate from the fourth quarter of last year, the National Bureau of Statistics said on Wednesday.
Intel announced Tuesday its decision to withdraw from 5G smartphone modem business, but will continue to invest in its efforts to build 5G network infrastructure.
The Airbus Qingdao H135 Final Assembly Line (FAL), the first helicopter line built by a foreign manufacturer in China, was put into service Wednesday in Qingdao, a coastal city in east China's Shandong Province.
Terry Gou, chairman of Foxconn, said he will run for Taiwan leader in next year's local elections on the island after receiving instructions from Mazu, the Chinese goddess of the sea, media reported Wednesday.
The world watched in shock as parts of the historic Notre-Dame Cathedral went up in flames. About two-thirds of its roof was damaged, and its spire has collapsed. Authorities say the damage is significant, but the fire is now under control, and no one was killed. The iconic Notre-Dame stands as a symbol of French national pride, and its walls house its marked history.
Chinese online marketplace 58.com's real estate listing platform Anjuke has teamed up with an overseas counterpart to introduce more international housing information to potential Chinese buyers.
The China Consumers Association said Wednesday that financial services in automobile sales should be clearly priced and forced transactions eliminated.
German auto giant Mercedes-Benz yesterday apologized to a Chinese car buyer after a video of her complaints went viral.
Volkswagen plans to produce 11.6 million electric cars in China by 2028, according to a statement released by Volkswagen Group China on Monday.
Celebrating the breakthrough of a national project constructed by China, Nepali leaders and officials said here Tuesday that the project has supported the country's determination to realize its national dream "Prosperous Nepal and Happy Nepali."
A review by a U.S. Federal Aviation Administration panel into Boeing Co's grounded 737 MAX aircraft found a planned software update and training revisions to be "operationally suitable," the agency said Tuesday.
The 74-year-old Ren Zhengfei, founder and CEO of Huawei Technologies, is the most influential business leader in China, according to the latest ranking released by business magazine Fortune's Chinese edition.
The first light rail vehicle (LRV) made for Tel Aviv, the second most populous city in Israel, rolled off the production line in northeastern China's Changchun Province on Tuesday.
The indicator of consumption rose 8.3 percent year-on-year in the January-March period, quickening from the 8.2-percent rise seen in the first two months, according to the National Bureau of Statistics.