Consumer

DHC Software Will Found USD94 Million Virtual Hospital in East China

DHC Software Will Found USD94 Million Virtual Hospital in East China

Chinese software firm DHC Software will invest CNY600 million (USD94 million) to set up an internet hospital in China’s eastern…

Jun 7, 2018
Tang Shihua
China’s Duty-Free Sector to Retain Price Advantage After July’s Customs Cuts, CITS Says

China’s Duty-Free Sector to Retain Price Advantage After July’s Customs Cuts, CITS Says

China’s duty-free products will retain their price advantage over high-street outlets even after the country brings in an average…

Jun 6, 2018
Liao Shumin
NetEase’s Cross-Border Site Bids to Stay Ahead of Alibaba, JD Rivals

NetEase’s Cross-Border Site Bids to Stay Ahead of Alibaba, JD Rivals

Chinese internet tech company NetEase plans to expand the range of quality products offered on its cross-border retail platform to…

Jun 6, 2018
Liao Shumin
Siemens Embraces Belt and Road Initiative

Siemens Embraces Belt and Road Initiative

Siemens entered into more than ten agreements with Chinese partners today in support and exploration of opportunities from the Belt and Road Initiative (BRI).

Jun 6, 2018
US Retailer Macy's Fails to Step on the New Retail Train, Exits China

US Retailer Macy's Fails to Step on the New Retail Train, Exits China

US department store Macy's will close its Chinese online shop from June 9, as the Ohio-based retailer follows Marks &…

Jun 6, 2018
Xu Wei
Jingxin Pharma Gets CFDA Approval Document for Generic Drug to Treat Alzheimer’s

Jingxin Pharma Gets CFDA Approval Document for Generic Drug to Treat Alzheimer’s

Jingxin Pharma Gets CFDA Approval Document for Generic Drug to Treat Alzheimer’s. The generic drug developed by Zhejiang Jingxin Pharmaceutical…

Jun 5, 2018
Tang Shihua
Kinetic to Aims to Grow Medical Device Product Range With Elliquence Buyout

Kinetic to Aims to Grow Medical Device Product Range With Elliquence Buyout

Chinese medical device manufacturer Kinetic Medical will acquire New York-based firm Elliquence, as part of efforts to expand its product portfolio.

Jun 5, 2018
Tang Shihua
Fan Bingbing-Backed Studio Claims Innocence as Tax Evasion Probe Looms

Fan Bingbing-Backed Studio Claims Innocence as Tax Evasion Probe Looms

Zhejiang Talent Television and Film, which lists Chinese film star Fan Bingbing among its top 10 shareholders, has claimed it…

Jun 5, 2018
Liao Shumin
Tax Evasion Is Just One ‘Cancer’ in China’s Movie Business

Tax Evasion Is Just One ‘Cancer’ in China’s Movie Business

An alleged tax evasion practice enabled by a fraudulent dual contract system known as the 'yin yang contracts,' may not be the…

Jun 5, 2018
Han Chao
HK Jeweler Is Top China Firm on Deloitte’s World Luxury List

HK Jeweler Is Top China Firm on Deloitte’s World Luxury List

French luxury giant LVMH Moet Hennessy-Louis Vuitton leads the list of the world’s deluxe goods companies Deloitte Consulting issued, and which…

Jun 5, 2018
Wu Yutong
Nearly 1,000 US Breeding Pigs Pass Quarantine Inspection in China Under Shadow of Trade Dispute

Nearly 1,000 US Breeding Pigs Pass Quarantine Inspection in China Under Shadow of Trade Dispute

Nearly 1,000 breeding pigs imported to China from the US have successfully completed the quarantine inspection and have been released…

Jun 4, 2018
Tang Shihua
Canada Goose Heads to China Market for Business Expansion as Consumers Eye Luxury Brands

Canada Goose Heads to China Market for Business Expansion as Consumers Eye Luxury Brands

Canada Goose Holdings, a well-known outdoor high-end apparel manufacturer, officially announced its expansion strategy in China, which includes opening brick-and-mortar…

Jun 4, 2018
Cao Yi

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