Shanghai Says To Allocate $4.35B To Ease SME Financing Challenges, Boost Private Sector

November 5, 2018 – 11:18 am
The local government of China’s biggest city and financial hub Shanghai is earmarking RMB30 billion (US$4.35 billion) in funding to boost the development of private companies amid the country’s current slowing economy, according to a statement released on the government’s official website on November 3. The fund along with a series of policies in favor […] Shanghai Says To Allocate $4.35B To Ease SME Financing Challenges, Boost Private Sector appeared first on China Money Network.

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ABB To Invest $150M To Build A Robotics Plant In Shanghai

October 29, 2018 – 3:30 pm
ABB Ltd., a Swedish-Swiss automation multinational, has announced an investment of US$150 million in Shanghai to build an automated and flexible robotics factory. The new Kangqiao manufacturing center in Shanghai will feature a number of machine learning, digital and collaborative solutions and an onsite research and development center that will help accelerate innovations in artificial […] ABB To Invest $150M To Build A Robotics Plant In Shanghai appeared first on China Money Network.

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Tesla Close To Securing $145M Plot For China Factory

October 11, 2018 – 1:26 pm
Tesla Inc. is in the process of securing a land worth RMB1 billion (US$145 million) in Shanghai for its first factory outside of the U.S., setting up a beach head in the world’s largest electric vehicles market. The California-based car maker is the sole bidder on the plot of land, said Bloomberg citing people with direct knowledge of […] Tesla Close To Securing $145M Plot For China Factory appeared first on China Money Network.

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Tesla Close To Securing $145M Plot For China Factory

October 11, 2018 – 1:26 pm
Tesla Inc. is in the process of securing a land worth RMB1 billion (US$145 million) in Shanghai for its first factory outside of the U.S., setting up a beach head in the world’s largest electric vehicles market. The California-based car maker is the sole bidder on the plot of land, said Bloomberg citing people with direct knowledge of […] Tesla Close To Securing $145M Plot For China Factory appeared first on China Money Network.

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Shanghai Introduces Measures To Boost AI Industry Via Talent, Data, Capital

September 18, 2018 – 2:17 pm
China’s financial hub Shanghai is joining the global tide to promote artificial intelligence by introducing 22 key measures to boost industry’s talent, open data movement and fundraising, according to Shanghai government’s website. According to new measures, the Shanghai government will speed up to open public data on key areas such as education, medical care and tourism. The city is planning to formulate lists of open public data resources, which are in the forms of text, pictures, among others, so as to … Shanghai Introduces Measures To Boost AI Industry Via Talent, Data, Capital appeared first on China Money Network.

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How Fast Are Venture Capitalists Moving To Cure China's Ills?

September 14, 2017 – 5:07 pm
China Money Network To Host China Healthcare Investor Forum 2017 Shanghai, China, September 14, 2017 /ChinaNewswire.com/ - China Money Network, a leading intelligence platform on China's private markets, is proud to host the China Healthcare Investor Forum 2017, which features prominent Chinese venture and private equity investors. Top dealmakers from KPCB, CDH Investments, Lilly Asia Ventures and OrbiMed will gather on September 19 in Shanghai with Chinese healthcare investors and healthcare industry executives for an intimate and informative panel discussion on the opportunities and challenges facing one of the hottest investment sectors in the country. "China Money Network's events are organized around one industry vertical and therefore brings together similar-minded investors and companies who can really share in-depth exchanges," said Nina Xiang, co-founder of China Money Network. "The China Healthcare Investor Forum 2017 will gather the country's best minds in healthcare investing and is a must-attend event for healthcare professionals." Healthcare has without ...

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Alphabet Is Hiring AI Talent In China

September 7, 2017 – 10:59 am
Alphabet, the parent company of Google, is doing recruitment in China as it seeks development in this marketplace. The recruitment …

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Artificial Intelligence Experts Converge On Shanghai Next Week

August 29, 2017 – 4:48 pm
Join leading AI scientists, CEOs and investors from Gobi Partners, WorkFusion, and Xiaoi Robot for an insiders' panel discussion and open Q&A Shanghai, China, August 29, 2017 /ChinaNewswire.com/ - The artificial intelligence revolution has begun. PwC estimates that thirty-eight percent of jobs in the U.S. are at high risk of being replaced by robots and AI within 15 years. Prominent Chinese AI investor Dr. Kai-Fu Lee predicts half the jobs in the world could be replaced by AI in ten years time. So organizations should start preparing now for the arrival of the AI workforce which promises to disrupt companies big and small. Properly implemented, AI will improve efficiency, generate higher margins and enable those that have a smart AI strategy to outsmart those that don't. To address these and other questions, China Money Network is proud to host The AI Evolution Series: Prepping For The AI Workforce. Register now to join ...

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Chopard Taps Chinese E-commerce With JD

August 22, 2017 – 2:44 am
Swiss luxury jewelry and watch brand Chopard is opening its own e-commerce flagship store on JD.com. This is the first …

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Mobile Programmatic Ad Fraud Is Big With Entertainment And Education Apps

July 20, 2017 – 9:33 am
Many Chinese companies have risen on the back of mobile advertising, but a new report says fraud is rampant in …

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JD Teams With Japanese Company For Vegetable Farming

July 4, 2017 – 6:42 am
China's JD Group and Japan's Mitsubishi Chemical Holdings Group will begin working together on large-scale vegetable growing services. With the …

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HP's 3D Printing Enters Chinese Market

June 21, 2017 – 6:33 am
HP recently announced that after operating for three years in the 3D printing sector, they finally decided to formally launch …

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Airbnb Appoints New Global VP To Lead China Business

June 7, 2017 – 8:55 am
Hospitality exchange service Airbnb announced to appoint Ge Hong as new global vice president of Airbnb and he will be …

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Daojia.com.cn Acquired By Pizza Hut's Parent Company

May 17, 2017 – 8:35 am
The U.S.-based owner of Pizza Hut and KFC is buying a Chinese food delivery company. Yum China Holdings Inc, backed …

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Aston Martin Hits The Brakes On LeEco Electric Car Deal

May 12, 2017 – 10:47 am
Cooperation between luxury British sports car manufacturer Aston Martin and Chinese Internet company LeEco has been ceased due to non-technology-related …

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Pudong Science And Technology Investment Acquires Shares From NXP Semiconductors

May 2, 2017 – 8:03 am
Shanghai Pudong Science and Technology Investment Co., Ltd. announced the acquisition of all Advanced Semiconductor Manufacturing Co., Ltd. shares held …

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Zhaopin.com Reaches Go-private Agreement

April 13, 2017 – 9:18 am
Chinese pioneering recruitment website Zhaopin.com, which previously received three privatization proposals, announced that its board of directors has reached a …

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HTC To Sell Mobile Phone Factory In Shanghai

March 23, 2017 – 8:54 am
HTC is planning to sell its mobile phone manufacturing plant in Shanghai, and the money gained will be invested into …

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Apple To Add R&D Centers In Shanghai, Suzhou

March 20, 2017 – 3:11 pm
Apple appears to making up for lost time in China. Its former CEO Steve Jobs never set foot in China, …

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Shanghai Ranked Number One To Rival Silicon Valley In Next Four Years

March 7, 2017 – 12:01 pm
China and the U.S. are leading the charge as leading global technology centers, with Shanghai ranked number one to rival … Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.

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Tesla's Chinese Operating Revenue Reached USD1 Billion In 2016

March 7, 2017 – 9:06 am
American electric car maker Tesla achieved good performance in China and reportedly realized over USD1 billion operating revenue in this …

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Chinese Travel Insider Publication Enhances Distribution Offering

February 24, 2017 – 3:50 pm
Shanghai, China, February 24, 2017 /ChinaNewswire.com/ - Thirty years ago, foreigners were coming to China for travel and leisure. Now Chinese themselves are both the biggest domestic consumers of travel and also the fastest growing segment of outbound international travel. With this enhanced exposure to Chinese tourism, China Hospitality News, the leading online Chinese-language travel publication for over a decade, is expanding its offering to readers with free email alerts and newsletters to keep travel insiders abreast of the latest critical business news emanating from China. Maintaining a keen eye on the machinations of Chinese tourists and inbound foreign travelers is a herculean task, and China Hospitality News stays on top of the news. The National Tourism Administration of The People's Republic of China reports that Brazil's Tourism Ministry has authorized 316 travel agencies to receive Chinese tourists in 2017, and Beijing saw 285 million tourist arrivals across all transportation modes ...

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Shanghai Top City For Real Estate Investment In Asia, Fifth Globally

February 22, 2017 – 12:36 pm
Shanghai was the top city for real estate investment in Asia Pacific during the final quarter in 2016, and the … Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.

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Shanghai Top City For Real Estate Investment In Asia, Fifth Globally

February 22, 2017 – 12:36 pm
Shanghai was the top city for real estate investment in Asia Pacific during the final quarter in 2016, and the … Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.

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Rural Chinese Fintech Startup Gains Investment

January 17, 2017 – 4:54 pm
Shenma Finance, a Shanghai-based financial services platform that sells products in China's rural regions, has landed a nice chunk of …

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Rural Chinese Fintech Startup Gains Investment

January 17, 2017 – 4:54 pm
Shenma Finance, a Shanghai-based financial services platform that sells products in China's rural regions, has landed a nice chunk of …

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Isentia Buys Chinese Content Marketing Software Platform

January 6, 2017 – 10:55 am
Chinese online news media is heavily censored, but that doesn't mean there aren't ample business opportunities within the content marketing …

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French Supermarket Expands Chinese E-commerce Offerings

January 2, 2017 – 10:14 am
Carrefour's Hubei regional office announced the launch of its Carrefour online store, which is the latest online-to-offline business of this …

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China's Cross-border E-commerce Scale Up 30% During H1 2016

December 9, 2016 – 9:18 am
Over the first half of 2016, China's cross-border e-commerce businesses achieved explosive growth despite the weak economic trends and it …

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New Online-to-Offline Delivery Service Aims To Improve JD.com's Timeliness

December 7, 2016 – 10:03 am
Chinese e-commerce website JD.com is working on ways to eliminate the frustration of missed deliveries and unreliable arrival times of …

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China's Huawei To Build R&D Base In Tokyo

December 5, 2016 – 11:24 am
Chinese telecom device maker Huawei will set up a cutting-edge technology research and development base in Tokyo. Hu Houkun, Huawei's …

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Global Gay Social Network Gains Shanghai Investment

November 24, 2016 – 4:52 pm
One of the world's largest social networks aimed at homosexual men just raised funding from a Shanghai firm. Shanghai-based venture …

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250 Business Leaders Attend 3rd China LGBT "Pink Market" Conference

November 18, 2016 – 10:48 am
Shanghai, China, November 18, 2016 /ChinaNewswire.com/ - WorkForLGBT, leading a coalition including YouGov, Dan Lan / Blued, Rela, and Weber Shandwick, and supported by more than 20 LGBT (lesbian, gay, bisexual, and transgender) cooperative partners across China, held the 3rd Annual China Pink Market Conference on Monday, November 14th at the Langham Xintiandi Hotel Shanghai. This was both an LGBT community as well as consumer behavior survey to better understand LGBT people in China today and better serve the future development of this community. The survey was completed in September and released as the 2016 China LGBT Community Report at the 3rd Annual China Pink Market Conference November 14th; providing an authoritative guide for companies wishing to explore the LGBT Pink Market in China. WorkForLGBT (www.workforlgbt.org) founder Steven Paul Bielinski, lead organizer of the conference, report, and advertising showcase said, “a record number of LGBT people in China are planning to ...

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Qualcomm Opens First Global Semiconductor Manufacturing Test Facility In Shanghai

November 15, 2016 – 5:00 pm
Qualcomm announced the official opening of its new company Qualcomm Communication Technologies (Shanghai) Co. Ltd. Located in Shanghai Waigaoqiao Free …

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Suning Grows Fresh Investment In E-commerce Food Platform

November 10, 2016 – 2:52 pm
Providing fresh food for China's hungry consumers is the key behind a new investment. Chinese home appliance retailer Suning Commerce …

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Avaya Reaches Strategic Cloud Communications Deal With Tencent

November 3, 2016 – 9:16 am
Avaya (Shanghai) Enterprise Management Co., Ltd. and Tencent Cloud Computing (Beijing) Co., Ltd. signed a strategic cooperation agreement to implement …

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Intel Invests In Two Chinese IoT Companies

October 26, 2016 – 4:41 pm
U.S.-based Intel announced its new round of investments of USD38 million in 12 technology innovation companies, including two from China. …

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Fairmont Peace Hotel Wins Best Hotel In China At Condé Nast Traveler 2016 Readers' Travel Awards

October 25, 2016 – 12:44 pm
Shanghai, China, October 25, 2016 /ChinaNewswire.com/ - The Fairmont Peace Hotel has won first place in the top 15 Best Hotels in China with a score of 95.9 out of 100 in the Condé Nast Traveler 2016 Readers’ Choice Awards. The Condé Nast Readers' Travel Awards celebrates the best of the best in travel, as voted for by people who love travel. This year, travelers from around the globe were invited to vote on their choice of the finest hotels and travel destinations in the world. More than 300,000 travelers took part in the 29th annual Readers' Choice Awards survey. “We are very pleased to win the Condé Nast Traveler award and proud to be recognised as the top ranking hotel in China which means so much more because it is voted on by our customers and industry partners,” said George Wee, General Manager of Fairmont Peace Hotel. Located in Shanghai, the ...

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Chinese Augmented Reality Education Company Closes Funding Round

October 24, 2016 – 12:41 pm
Augmented reality for education and play has received a seal of approval from New Horizon Capital, which led a RMB250 …

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SaaS Firm Raises Funds From Chinese Property Developer

September 30, 2016 – 2:48 pm
Shanghai-based data storage and security SaaS firm Owtware Technology Ltd. says it has raised US$15 million. Zhongnan Capital, a direct …

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