China News Direct

 
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Suning sees strong start in C2B shopping
(Apr 28, 2016) SHANGHAI Suning opened a cloud store in Shanghais Pudong for experiencing virtual reality (VR), adding V shopping for consumers checking out wedding and other domestic services. Suning made debut its first VR store dubbed Hello Kitty, also a cloud store that delivers V-shopping experience for to-be-couples. The VR store has the back-up of a large database filled ...
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Chinese cities see big upside in service trade
(Feb 16, 2016) QINGDAO, Shandong - Cities in Shandong province vowed to do more service trade in a bid to upgrade the province's trade composition. Others are following suit. In a meeting held on 14 February, the State Council named ten large cities and provinces and five national economic development zones pioneers in enlarging services trade. Within two years, new ...
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Hitachi, UN to innovate food trade from Jilin, China
(Aug 19, 2016) CHANGCHUN, Jilin - Hitachi opens its first innovation center, Hitachi Consulting (China) Changchun Innovation Center, in Changchun city, Jilin province to plan smart agriculture and food safety technologies in Asia Pacific. Hitachi, Changchun New District, and The United Nation Office for Project Services (UNOPS) will jointly develop ...
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Stage curtain rises for internet banking
(Jan 05, 2015) SHENZHEN - State Premier Li Ke-qiang made a new-year trip to Shenzhen in early January, inaugurating China's first internet-based private bank and blessing a business with the sky as the limit. Chinese internet service giant Tencent Holdings Group made debut its internet micro bank, WeBank, in Shenzhen's Qianhai financial area on 4 January. Licensed to ...
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China cultivates entrepreneurial spirit
(Jan 15, 2015) BEIJING - State Premier Li Ke-qiang announced on January 14 the formation of a national strategic industry investment fund for entrepreneurs, grouping public and private money of about RMB40 billion for start-ups and mid-cap companies. The State Council supports all kinds of business growth related to new industries or industries with strategic value, a message ...
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Chongqing drives cross-border e-commerce to billions of yuan
(Sep 24, 2015) CHONGQING - There were more than a hundred cross-border e-commerce companies formed and registered in Chongqing ended June this year, offering imported goods at least 20% cheaper than those offered by traditional retailers. Cross-border e-commerce companies offered imported goods at least 20% less than the same offered by ...
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Internet retail sales did not set back
(Jul 15, 2015) BEIJING - Retail sales of consumer goods jumped 10.4% in China in the first half of the year, but internet-driven retailing posted a 40% growth, sharing a tenth of China's retail spending. A State Council-supervised report reveals that internet consumption, including retailing, will be heavily promoted under China's "Internet plus" policy. Retail sales of ...
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New materials, new products mean more profits
(Aug 03, 2015) CHANGSHA, Hunan - Cable and wire manufacturer Gold Cup Electric has developed an aluminum alloy conductor which will save 30% of costs in producing wire, minimizing fluctuations arising from copper. Gold Cup Electric of Hunan has set the future standards of wire and cable in China when it announced the successful making of aluminum wire and ...
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Something to watch as Fujian commits to 3D printing
(Sep 15, 2015) FUZHOU, Fujian - Fujian Development and Reform Commission (FDRC) and Fujian Provincial Economic and Information Technology Commission (FEITC) last week jointly released an action plan for the 3D printing industry over 2015 to 2017, calling the creation of two to three companies competitive in developing and applying 3D printing technology. ...
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All about robots and growth
(Sep 28, 2015) SHENYANG, Liaoning - Sales orders for industrial robots made in Shenfu New Town Robot Industrial Park in Shenyang, Liaoning province are said to be lined up for 2016, saying robots whether for production or service work are in demand. Manufacturers in Guangdong's Pearl River Delta hit the headlines this year when they put robots on production lines. The trend to use robots has spread to ...
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