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JD reports big upswing in revenue
May 18, 2020
Chinese e-commerce giant JD reported its net revenues for the first quarter of this year reached 146.2 billion ($20.6 billion), an increase of 20.7 percent compared with the same period last year, with annual active customer accounts rising 24.8 percent to 387.4 million in the twelve months ending March 31, 2020.
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Contest lures high-level startups with cash, benefits
May 15, 2020
The first HICOOL Global Entrepreneur Summit and Entrepreneurship Competition was launched in Beijing on Friday, aiming to get high-level startup projects from around the world to open offices in the capital.
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China's CPI up 3.3% year-on-year in April, says NBS
May 15, 2020
China's consumer price index, a main gauge of inflation, rose 3.3 percent year-on-year last month, down from 4.3 percent for the previous month, the National Bureau of Statistics said on Tuesday.
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Latest 40 Chinese Business Elites under-40 released
May 15, 2020
Fortune (Chinese version) released the latest 40 Chinese Business Elites under-40 on Thursday.
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China's economic recovery quickens amid leading indicators
May 14, 2020
China's economic activities are picking up the pace of resumption, as shown by several leading indicators including the number of cargo volume, power generation and consumption, and excavator sales.
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Beidou launches mechanism for promoting satellite systems among SOEs
May 14, 2020
A coordinated Beidou industry development mechanism for centrally-administered State-owned enterprises was launched on Thursday in Beijing, intending to promote the domestically developed Beidou Navigation Satellite System among SOEs.
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Top 10 Chinese unicorns in 2019
May 14, 2020
China took second place in the world for its number of unicorn companies, according to sina.com.cn, which quoted data from CB Insights in a report on Wednesday.
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China takes second in 2019's unicorn count
May 13, 2020
China took second place for the number of unicorn companies, according to sina.com.cn, which quoted data from CB Insights in a report on Wednesday.