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Shanghai, Beijing and Shenzhen safely secured their top three spots as financial centers in China, while the country's major centers saw their competitiveness enhanced, according to the 10th edition of the China Financial Center Index released by the China Development Institute, a think tank based in Shenzhen, Guangdong province.

 China's telecommunication industry has grown steadily with the number of cellphone users growing rapidly in the first eight months of 2018, official data showed.

Number of self-employed people has risen substantially since 1978. In the 40 years since China began its reform and opening-up, the number of self-employed people in Wuxi, Jiangsu province, has multiplied by 752 times.

Goods from Urumqi in China's Xinjiang Uygur autonomous region will soon enjoy lower logistics costs and shorter travel time to Azerbaijan, Georgia, Iran and Turkey, as a result of new cargo routes due to open this year.

Most solar farms align their solar arrays in rows and columns to form a grid. A new solar power plant in Datong, China, however, decided to have a little fun with its design. China Merchants New Energy Group, one of the country's largest clean energy operators, built a 248-acre solar farm in the shape of a giant panda. 

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In just five years, the Belt and Road Initiative has grown from a concept to a key platform for building a community with a shared future for humanity and a well-received international public goods.

Consultancy firm KPMG is optimistic about China's economic growth in the second half of this year, as infrastructure investment is expected to rebound moderately with an accelerated issuance of local government bonds. 

Home appliance maker's new arm to focus on smart component R&D. Gree Electric Appliances Inc, a major home appliances maker based in Zhuhai, Guangdong province, has set up a subsidiary focused on the design, development and sales of computing chips, according to the local industrial and commercial authority.

Three Chinese companies — Alibaba, JD, and Didi Chuxing — have taken positions on Fortune's Change the World list this year, according to the business magazine.

As more Chinese people travel abroad during this year's summer holiday, the boom in mobile payments has reached several countries, according to latest data from the nation's leading mobile payment service.

The Chinese government will step up reform and roll out a series of new incentives to better remove hurdles hampering private investment and businesses and boost economic vitality, the State Council's executive meeting chaired by Premier Li Keqiang decided on Thursday.

We would like to inform you that Viktor Bihari left ChinaCham on 15th of August for a better job opportunity. The secretarial duties will be provided by Lilla Valasinyovszki, the e-mail address of the chamber (This email address is being protected from spambots. You need JavaScript enabled to view it.) and the telephone numbers (+ 36-30-286-931, 36-1-414-7365 (9.00-13.00)) are unchanged.

Amazon's cloud service platform, Amazon Web Services, has inked a strategic partnership with international consulting firm Deloitte in China, to help enterprises realize digital transformation and continued innovation.

China's international trade in services grew by 17 percent year-on-year to $397.31 billion in the first half of 2018, setting a record even amid the current global economic troubles, the Ministry of Commerce said.

German carmaker Audi AG announced on Thursday that its sales in the Chinese market reached new record in July, as well as in the first seven months. A total of 53,191 units were delivered to Chinese customers in July, representing a year-on-year increase of 3.8 percent.

Cainiao Network, Alibaba's delivery arm, has completed its first delivery test via drone helicopter in Jingdezhen city in East China's Jiangxi province, the company said Thursday.

South African President Cyril Ramaphosa opened the 10th summit of the BRICS countries(Brazil, Russia, India, China, and South Africa) in Johannesburg, South Africa. Following regular meetings among their countries’ ministers throughout the year, the annual BRICS summit serves as a  platform for BRICS heads of state and government to affirm their joint commitments within the political bloc for the year ahead.

Chinese smartphone manufacturer OnePlus surpassed Samsung and Apple as the fast-growing premium (price of over $436) smartphone brand in India, a report has showed.

China's e-commerce behemoth Alibaba Group Holding Ltd and global coffee giant Starbucks announced on Thursday a deep, strategic new retail partnership to transform the country's coffee industry.

Not many people would eat ice cream in the middle of winter, but Russian dairy producers who plan to showcase their ice creams at China's first import expo this November are hoping for more than just sales.

United News Report, on 6th July, deputy mayor of Chongqing city Liu Guiping led a governmental delegation of nine people to visit the EKOL logistics company in Hungary and held a forum to discuss about the cooperation prospects.