Song Jingli

And it’s laying off a quarter of its staff.

For faster connectivity speeds.

This inclusion means billions of capital from passive funds tracking these indexes managed around the world will flow to these Chinese new economy shares.

When they travel overseas, the total amount spent by residents of China’s third or fourth-tier cities grew faster than those from China’s tier-one cities, including Beijing, Shanghai and Guangzhou, ac

Chinese e-commerce giant JD.com has bought a 100 percent stake in a landmark hotel located in Beijing’s Zhongguancun region, also known as China’s “Silicon Valley ” at RMB 2.68 billion (US

Chairman Zhang Jindong said on the event that this is a key move in 2019 for the company to lay out its online-and-offline presence.

To gain customers globally, Chinese advertisers spent about US$5 billion on Facebook in 2018, making up about 10% of the social media giant’s annual revenue, which stood at  $55.84 billion . Advertise

Shenzhen-based electric toothbrush Soocas closed series C round financing of RMB200 million (US$29.5 million), marking the largest fund-raising deal in personal care sector in China. Vison Knight Capi