China announced plans on Thursday to channel hundreds of billions of yuan annually into shares from state-owned insurers, in the authorities' latest effort to support equity markets. Authorities will in the first half of this year call on insurers to invest at least 100 billion yuan ($13.

The Chinese government plans to ensure that share prices will rise by ordering pensions and mutual funds to invest more in domestic stocks, to help jolt the markets out of the doldrums. Officials told reporters in Beijing on Thursday that beginning this year mutual funds should increase holdings of onshore stocks,

Shanghai launches China's first humanoid robot training base, aiming to train 1,000 robots simultaneously by 2027 for widespread commercialization.

China has unveiled its first training ground for heterogeneous humanoid robots in Shanghai's Pudong New Area, a milestone for the humanoid robot industry.

Karotu is not the only one who aims to bring the Chinese wisdom and experience back to her country. Kamara Abdulai Merry, a doctoral student from Sierra Leone, shares similar goals.

Apart from the COVID-19 pandemic factor, another driving force behind the exodus might be their smaller pay packages.

China's luxury market declined by 18% to 20% in 2024, marking the end of a period of "exponential growth", with sales expected to remain flat this year, consultancy Bain and Company said at the launch of its latest 'China Luxury Report' on Tuesday.

Asian equities were higher, except for Hong Kong and Mainland China, which were off following President Trump’s 10% tariff threat, which prompted profit-taking after six days of gains.

BEIJING (Reuters) - China will grant foreign financial institutions the same treatment as domestic ones in offering new types of financial services not yet available in the country in some free trade zones, the central bank said on Wednesday.

Video. China's Pudong District opens a humanoid robot training base, training 100 robots now with a goal of 1,000 by 2027, enhancing applications in manufacturing and services.

China's low birth rate and aging population are ending any hopes Beijing had of overtaking the U.S. as an economic giant.

Chinese planemaker COMAC plans to raise production capacity for its homegrown C919 single-aisle planes to 50 this year, a COMAC executive told a media outlet supported by the Shanghai government.