Chinese Internet giant decided to set up a new fund to invest in start-ups in their mid-and-late development stages, a company announced Wednesday. The private-equity-style fund, Baidu Capital, will allocate about 20 billion yuan (US$2.98 ...
The central parity rate of the Chinese currency renminbi, or the yuan, weakened another 160 basis points to 6.7258 against the U.S. dollar Wednesday, according to the China Foreign Exchange Trade System (CFETS). It was the weakest level ...
The Salone del Mobile.Milano arrives in the Chinese market with the first edition of the Salone del Mobile.Milano Shanghai. The best production of Made in Italy furniture will be brought tp stage at the SEC– Shanghai Exhibition Center ...
Tags: Salone del Mobile.Milano, Shanghai
In 2015, the global market size of service robots reported USD8.49 billion, surging by 42.2% on a year-on-year basis, and it is expected during 2016-2020 to show an annual average growth rate of 16.5%, which will be mainly driven by: (1) ...
Tags: service robots, report
Macao in southern China -- renowned as Asia's Las Vegas -- has tabled plans to become a hub to make traditional Chinese medicine more standardized and scientific and to further develop it to enable its products to be sold around the world. ...
Tags: Medicine, Chinese Medicine
Firstly of all, traditional Chinese medicine and Western medicine use different ways of organizing the information based on the same symptoms, same signs and same patient. Let me take an example. Diagnosing the same patient with a lump in ...
Tags: Chinese Medicine, Western Medicine
Saudi Arabia’s National Petrochemical Industrial (NATPET) intends to exhibit its polypropylene resins at the K 2016 trade fair in Düsseldorf, Germany. The company will also display its two new grades. It is collaborating with ...
Volkswagen is systematically moving ahead with its transition to the mobility world of tomorrow initiated by the "TOGETHER – Strategy 2025" program for the future. The Group presented its next steps on the road to becoming a ...
Chinese authorities will release the first batch of sugar reserves this year to stabilize supply and prices, the country's top economic planner announced on Friday. China will sell 350,000 tonnes of sugar from state reserve at 6,000 yuan ...
Ice creams made in Russia are gaining popularity in China after Russian President Vladimir Putin brought them as a gift for President Xi Jinping during the G20 summit in Hangzhou earlier this month. Xi, who turned out to be a fan of ...
Tags: Ice Creams, Food
Shanghai Husi Food and its US based parent company OSI Group have been fined more than CNY24.3m ($3.6m) by the Shanghai Municipal Food and Drug Administration for preparing and selling sub-standard meat products. While Shanghai Husi Food ...
Tags: Shanghai Husi Food, OSI Group
Chinese yuan or renminbi (RMB) has been included into the basket of special drawing right (SDR) of the International Monetary Fund (IMF) since Oct 1, marking a milestone in the internationalization of the RMB. Here are seven things you need ...
Tags: SDR Inclusion, RMB
Ausnutria Dairy has formed a joint venture with New Zealand based Westland to produce and sell dairy based powder products, including infant milk powder. Through the joint venture named Pure Nutrition, the companies will set up a new ...
Tags: Ausnutria Dairy, Westland, dairy based powder products
Cyberspace security, the Internet and information technology have been key in China's development, and the country has been striving to build itself into a major Internet power. At a study session attended by China's top leaders, ...
Tags: Internet, Information Technology
China General Nuclear Power Corp has said it is confident that the Chinese-made Hualong One reactor will pass Britain's strict approval process in five years. The technology, also known as HPR1000, will be submitted to the UK Office for ...
Tags: Nuclear