Economic review

Alibaba signs deal with Disney

2018-02-13 10:14:00

Alibaba Group's entertainment arm has signed a licensing agreement with Walt Disney Co in a deal that will provide the Chinese group's Youku video streaming platform with the largest Disney animation collection in China. Full Story

Emerging industries to get greater economic clout

2018-02-13 10:10:00

China has pledged to make further efforts to boost the emerging sectors this year as they have contributed more than 30 percent to the country's economic growth, according to the nation's top economic regulator. Full Story

Airbnb bets big on Spring Festival boost

2018-02-13 10:02:00

Airbnb Inc, a United States-based home-sharing service provider, estimates that outbound travel by the company's Chinese mainland users will account for 71 percent of its total bookings during the upcoming Spring Festival holiday, with Japan and Southeas Full Story

Festive mood keeps home seekers on the sidelines

2018-02-13 09:44:00

New home transactions fell below the 100,000-square-meter weekly threshold again as the prevalent festive mood across Shanghai kept more home seekers sitting on the sidelines, latest market data showed. Full Story

Alibaba to offer Disney shows on video sites

2018-02-13 09:43:00

Alibaba Digital Media and Entertainment Group has signed a multi-year content licensing agreement with a Walt Disney subsidiary to stream more than 1,000 episodes of Disney animated series on Chinese video streaming platforms. Full Story

More Chinese firms set to buy luxury brands

2018-02-13 09:42:00

An increasing number of Chinese luxury producers are likely to buy famous foreign brands in the future to build up their own brands. Full Story

Tighter scrutiny impacts shadow banking deeply

2018-02-13 09:41:00

Tightened financial oversight in China is deepening its impact across the shadow banking sector, which will further reduce the sector’s contribution to total social financing flows in 2018, according to the latest quarterly report from Moody's Investors Full Story

More overseas trips likely during Spring Festival period

2018-02-13 09:32:00

Chinese mainland tourists' enthusiasm for overseas travel is expected to reach new heights during the upcoming Spring Festival holidays, while demand for inbound tourism will be more moderate. Full Story

Alibaba to offer Disney shows on Youku

2018-02-13 09:16:00

Alibaba Digital Media and Entertainment Group, the entertainment arm of e-commerce giant Alibaba Group Holding Ltd, said on Monday that it has inked a deal with The Walt Disney Co to offer Disney's animated series and movies on its video streaming servic Full Story

Speech Valley to push voice-activated tech

2018-02-13 08:58:00

Plans have been unveiled to build China's largest hub for companies developing speech recognition technologies and products in Hefei, Anhui province, to boost the artificial intelligence sector. Full Story