Economic review

China moves to shut down cryptocurrency exchanges

2017-09-19 16:36:00

Chinese regulators are taking steps to shut down the country's cryptocurrency exchanges and ban trading of digital cryptocurrency to rein in financial risks. Full Story

Private and financial sectors 'absolutely crucial' to UN goals: UN chief

2017-09-19 16:05:00

UN Secretary-General Antonio Guterres said here Monday that private sector and financial sector is "absolutely crucial" to 3-5 trillion-U.S.-dollar annual investment needed to finance UN sustainable development goals. Full Story

Microsoft offers IP protection program for Azure clients

2017-09-19 15:48:00

Microsoft will launch an intellectual property protection program for its Azure customers in China on Oct 1, the technology giant announced in Shanghai on Tuesday. Full Story

China tops the world in incubators, makerspaces

2017-09-19 15:41:00

China's 7,500-plus incubators and makerspaces have fostered more than 223,000 businesses as of 2016, according to data from Torch High Technology Industry Development Center of the Ministry of Science and Technology. Full Story

Intel to work with Alphabet's unit on self-driving car

2017-09-19 15:26:00

Intel Corp. said Monday it is working with a unit of Alphabet Inc. to advance self-driving car technology. Full Story

Fighting China's counterfeits in the online era

2017-09-19 15:16:00

A secret team in Chinese e-commerce giant Alibaba has the task of pretending to be online consumers who test-buy purchases from the billion-plus products on its platforms. Full Story

Gree denies rumors of seeking stake in automaker FAW Xiali

2017-09-19 14:54:00

China's leading appliances maker Gree Electric Appliances Inc shot down rumors of seeking a stake in Tianjin FAW Xiali Automobile Co Ltd late on Monday. Full Story

New IKEA store to be built in east China

2017-09-19 13:26:00

A new outlet for furniture retailer IKEA will be built in Xuzhou City in east China's Jiangsu Province. Full Story

China interested in UK nuclear project

2017-09-19 13:09:00

China General Nuclear Power Corporation, known as CGN, said on Monday it will bid to invest in a financially troubled 15 billion pound($20.35 billion) nuclear power station planned for Cumbria, in Northwest England. Full Story

Zhejiang FTZ attracts $8.7-bln projects

2017-09-19 11:03:00

Fourteen foreign companies signed contracts worth 4.8 billion U.S. dollars on Monday to do businesses in the pilot free trade zone in east China's Zhejiang Province. Full Story