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China's industrial Internet market size likely to top RMB914.65 bln in 2022, CCID Consulting
China's industrial Internet industry is expected to grow steadily at an average annual compound rate of 14.4 percent in the next three years and hit a market size of 914.65 billion yuan in 2022, predicted Sun Huifeng, president of CCID Consulting affiliated to a think tank under the Ministry of Industry and Information Technology (MIIT).
July13,2020
Economic Watch: China boosts economy by lowering business funding costs
Maintaining sufficient liquidity coupled with lower funding costs is one of the priorities of China's recent counter-cyclical adjustment policies, demonstrating its resolve to provide a "blood transfusion" for the real economy amid the coronavirus outbreak, analysts said.
February21,2020
Tianhong Asset Management Co. sees profits exceed 3 bln yuan
Profits of Tianhong Asset Management Co., a leader in China's mutual fund industry, jumped 15.82 percent year on year to 3.07 billion yuan (about 458.2 million U.S. dollars) in 2018, according to a statement filed to the Shanghai Stock Exchange.
April22,2019
Funding boosts higher business investment in Saxony-Anhalt
In 2018, grants from the state of Saxony-Anhalt prompted twice as much business investment as in 2017. Last year 12.6 euros were invested for each euro of state funding provided, Economics Minister Armin Willingmann announced in Magdeburg on Monday.
January30,2019
China's leading IoT company raises 320 mln USD in latest funding
G7, China's leading Internet of Things (IoT) company, announced Monday that it had completed a funding round with 320 million U.S. dollars in October.
December11,2018
China releases funding for Zimbabwe's largest power station expansion
China has released funding for Zimbabwe's largest power station expansion project - the expansion of the Hwange power station, paving way for commencement of work, Zimbabwean President Emmerson Mnangagwa revealed on Thursday.
June01,2018
Mobike plans new financing round
Chinese bicycle-sharing platform Mobike announced a new round of financing on Monday, introducing new investors like Singapore-based Temasek, according to an announcement the company sent to the Global Times.
February21,2017
China's Mobike receives $215 million in new round of funding
Chinese bike-sharing startup Mobike announced on Wednesday it has raised $215 million in a new round of funding, led by Chinese internet giant Tencent Holdings Ltd and Warburg Pincus, a leading private equity firm.
January05,2017
Truck Alliance raises $115m in funding
China's Uber-type service for trucks Guiyang Huochebang Technology Co Ltd, also known as Truck Alliance, said on Thursday that it had raised $115 million in series B-1 funding, and expects to complete additional financing soon.
December23,2016
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