(Yicai) Aug. 4 -- China plans to reintroduce tax on bond interest income in a surprise move that could boost government coffers by as much as CNY31.6 billion (USD4.4 billion) this year. A 6 percent ...

(Yicai) Aug. 4 -- Carbonology founder Robin Ren, a former vice president at Tesla, has said the green technology startup will open its first research and development center in Lingang Special Area, a ...

(Yicai) July 31 -- Luckin Coffee, a fast-growing Chinese cafe chain operator that opened its first US outlets in New York City last month, said second-quarter profit jumped 44 percent, mainly thanks ...

(Yicai) July 31 -- Activity in China’s manufacturing sector contracted for the fourth consecutive month in July to the lowest since April, as factories entered the traditional off-peak season and high ...

Apple CEO Tim Cook said on Weibo today that the US tech giant is donating to support relief and recovery efforts in China, as the severe flooding in parts of the country, especially Beijing, Tianjin, ...

(Yicai) July 29 -- China has introduced a nationwide childcare subsidy policy, granting CNY10,800 (USD1,500) per child for their first three years, in an attempt to boost the country’s birth rate.

(Yicai) July 29 -- Shares in Sanxiang Advanced Materials climbed as much as 3.9 percent today after the Chinese advanced materials maker said that a unit will invest CNY300 million (USD41.8 million) ...

(Yicai) July 29 -- Although robotics technology is advancing rapidly, the embodied intelligence sector has not yet had a breakthrough product such as the iPhone, the head of Chinese internet behemoth ...

(Yicai) July 28 -- Shares of Hengrui Pharmaceuticals surged after the Chinese firm announced a licensing deal with multinational drugmaker GSK that could bring in as much as USD12 billion by granting ...

(Yicai) July 28 -- Pudong New Area, a pilot free trade zone in Shanghai, has unveiled an artificial intelligence fund worth CNY2 billion (USD278 million) aimed at startups and focused on investing in ...

(Yicai) July 25 -- Nine additional Chinese cities have received International Wetland City accreditation, the Ramsar Convention’s top honor, bringing China’s total to 22 and underscoring the country’s ...

(Yicai) July 25 -- Overseas investors further increased their allocations to Chinese yuan assets in the first half of the year, with a particular focus on stocks, according to the Shanghai branch of ...