Updates

June 18 shopping festival a consumption test

Jun 19, 2020

China's consumption suffered considerable decline in the first half of this year as a result of the novel coronavirus outbreak.
JD shopping carnival reignites consumption demand

Jun 18, 2020

JD, which initially launched the June 18 shopping carnival, reported its sales reached mouthwatering 239.2 billion yuan by 2 pm on Thursday, exceeding 201.5 billion yuan a year ago.
JD makes trading debut in HK

Jun 18, 2020

E-commerce giant JD saw its shares jump sharply on their trading debut in Hong Kong on Thursday, with a stock code of "9618".
Didi to grow market share with freight services foray

Jun 18, 2020

Competition in China's on-demand freight service market is expected to intensify as the nation's largest ride-hailing company, Didi Chuxing, officially made its foray into the sector.
Zhongguancun launches "Thousand Sails Plan" to support development of hi-tech enterprises

Jun 17, 2020

The Zhongguancun Administrative Committee launched the "Thousand Sails Plan" on June 16.
China's tech giants expand overseas despite turmoil

Jun 17, 2020

China's biggest technology companies are enlarging their expansion overseas, announcing new jobs and fresh investment despite the economic turmoil unleashed by COVID-19, the Daily Telegraph reported.
Tencent to support mega commercial expo

Jun 17, 2020

Tencent Holdings Ltd is providing technological support to ensure the first-ever online version of the Canton Fair－which runs from Monday to June 24－is efficient, productive and secure.
Huawei leads worldwide smartphone market in April

Jun 16, 2020

Huawei Technologies Co overtook Samsung to become the world's largest smartphone maker in April, despite the double challenges of the US government's tightened restrictions and the COVID-19 outbreak's economic fallout, a new report showed.

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