Industrial restructuring, growth in services good indicators of improving conditions, say experts Positive signs have started to emerge in China's economy since the second quarter, suggesting deepened industrial restructuring amid rapid ...
Tags: Industrial restructuring, Positive signs, China's economy
Establishing overseas warehouse facilities seems to be becoming mandatory for e-commerce firms doing cross-border transactions, as more online consumers are becoming picky on delivery timings, said a report on Tuesday. The report, ...
Tags: overseas warehouse, e-commerce firms, cross-border transactions
The automobile industry has officially become the latest battleground for China's three Internet giants after Tencent Holdings Ltd announced a foray into smart cars. The owner of China's most widely used instant messaging app WeChat has ...
Tags: Auto Market, Automobile Industry
China's State Council has given approval for Hangzhou, an e-commerce hub, to set up the country's first cross-border e-commerce pilot zone, according to a statement released on Thursday. Hangzhou, capital city of East China's ...
China unveiled its economic growth target for 2015 Thursday, putting an end to months of speculation.[Special coverage] The target, as expected, was lowered to "around 7 percent," a level not seen since 2004 and 0.5 percentage points ...
Tags: Consumer Electronics, Growth
Valentine's Day brings bonanza for boxed bouquets of blossoms Florists recorded a surge in sales of roses in the week leading up to Valentine's Day, with more people ordering luxurious bouquets of roses packed in boxes. Flower retailers ...
Tags: Valentine's Day Roses, Red Rose
To reaffirm Inditex’s commitment to the China—a market that plays an increasingly significant part in the Spanish fashion retailer’s business—Pablo Isla, chairman and CEO travelled to China this week and met Zhong ...
Increasing workforce wages and commercial real estate rental fees in main cities of China has led to the emergence of e-commerce, which has the upside of saving about 60% of operating cost. The importance o the E-commerce trend in China can ...
Tags: Lighting Market, LED
China's consumer economy is growing rapidly, and more and more e-commerce companies are joining every year to celebrate the Double 11 festival. Brick and mortar retail outlets are even capitalizing on the festivities with plans to create a ...
Tags: Double 11 Day, e-commerce
China Mobile, the country's biggest services provider, on Friday begins selling Apple's iPhone to its millions of customers, ending a six-year wait in a crucial market for the US technology giant. The combination of China Mobile's ...
Tags: Mobile Firm, Apple iPhone
When I was in college, the only thing to expect on November 11 was boring matchmaking parties on campus. Now Singles Day has turned into the biggest online shopping carnival in the world. Undoubtedly, e-commerce giant Alibaba Group was the ...
Tags: Singles Day, Cinderella
Chinese search company Baidu has entered the country's smart TV market with a product powered by its video site iQiyi. The smart TV, which goes on sale Wednesday, was developed by iQiyi in partnership with Chinese electronics maker TCL. ...
Tags: Smart TV, Consumer Electronics, Baidu
After seeing its popularity decline, Yahoo's Internet portal in China has formally closed down, in a sign that e-commerce giant Alibaba Group is transitioning away from the brand. The portal went offline on Sunday. Its closure is rooted ...
Tags: Yahoo, webservice, Computer Products
Chinese online 3C retailer JD.com required all of its employees to use Yixin, a mobile instant messaging (IM) tool similar to WeChat, when they conduct business communications. It said in an internal email on August 26 that in order to ...
Tags: JD, webservice
PayPal, the online third-party payment platform of eBay, is expected to become the first foreign firm to gain a financial payment license in the Chinese mainland. John Donahoe, CEO of the US online auction and shopping service ...
Tags: Service, PayPal, Financial Payment License