The China Alcoholic Drinks Association forecast that within three to five years, craft beer market shares will expand three to five times from 1 percent now.
The China Banking and Insurance Regulatory Commission said that by the end of the first quarter, foreign banks had established 41 locally incorporated banks, 115 branches and 149 representative offices in China. Total assets of foreign lenders in China reached 3.58 trillion yuan (1.2 billion), while total assets of commercial banks in the country stood at 251.84 trillion yuan.
The Chinese Academy of Sciences announced on Monday that it had suspended two scientists who were present during a Taoist ritual-meant to convey blessings of safety and success-at the groundbreaking ceremony for its advanced nuclear facility in Gansu province on Thursday.
The China mobile payment index was compiled by the State Information Center, the China Economic Information Service and Alibaba affiliate Ant Financial Services. It provides a reference to lead urban transformation and improve urban governance.
The China Banking and Insurance Regulatory Commission announced in late April that the country will allow foreign-funded banks to conduct business such as the underwriting of government bonds, and will lift foreign ownership limits on domestic banks and financial asset management firms.
The Chinese aviation industry pioneer will move its remaining infrastructure to AWS by 2020, including its core business, maintenance, flight, security systems, and surrounding business management to the cloud, after seeing improvements in system availability and reliability, as well as cost reduction provided by AWS.
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The ChiNext Index, China's NASDAQ-style board of growth enterprises, rose 1.31 percent to 2,697.30 points.
The China-Germany (Kunshan) small and medium-sized enterprises (SME) cooperation zone was approved by the Ministry of Industry and Information Technology in May.
The Chinese and Australian national flags on a celebration event in Sydney, Australia, September 8, 2019. [Photo/Xinhua]
The China-based technology giant Tencent has now delivered a sub-application, called Helsinki City Guides mini-program, in its messaging application WeChat. Chinese tourists heading to the city can use it to learn traveling routes, sightseeing recommendations, read restaurant reviews, and even buy tickets for local transportation.