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China's internet giants report rapid Q3 growth amid innovation drive
A slew of listed Chinese internet giants have released reports on their financial performances in the third quarter of 2023, revealing robust growth momentum propped up by innovation drives and reflecting the solid recovery fundamentals of the Chinese economy.
November27,2023
In pics: 2023 China Internet Conference in Beijing
The 2023 China Internet Conference is held from July 18 to 20 in Beijing.
July19,2023
World Internet Conference brings global wisdom on digital civilization
The 2021 World Internet Conference Wuzhen Summit gathers people from around the world to share wisdom on building a digital civilization via online and offline events.
September27,2021
China's big internet firms see robust 2019 revenue growth
Firms in China's internet and other related service sectors reported strong revenue expansion in 2019 as new technologies and applications play increasingly bigger roles in reshaping the country's economy.
January23,2020
China Internet companies see revenues up 17.3 pct in Q1
China's Internet companies saw combined revenues up 17.3 percent year-on-year during the first quarter of 2019, the Ministry of Industry and Information Technology said Sunday.
May06,2019
Listed Chinese internet companies see market capitalization surge in Q1
China's listed internet companies worldwide see their market capitalization surge in the first quarter of 2019, according to a report released by the China Academy of Information and Communications Technology (CAICT).
April15,2019
China’s industrial Internet sector steps into practical development phase
China’s industrial internet sector enters now a practical development phase from the past concept-focusing development, with the drawing-near 5G era likely to bring industry size to about one trillion yuan, reported Xinhua-run Shanghai Securities News Fr
February22,2019
Big data use to bolster auto insurance industry
ZhongAn Insurance Co Ltd, China's first internet insurance company, announced Wednesday its strategic move to use big data technology to promote the auto insurance industry's ecosystem.
February02,2018
Internet giants fight for slice of retail
Both Alibaba and Tencent are doubling down on the retail sector, albeit through different approaches.
January31,2018
China’s industrial Internet industry to enter application stage in 2020
China is expected to accelerate the construction, development and application of industrial internet during the period of 2018-2020, according to a guideline released by the Ministry of Industry and Information Technology (MIIT).
January29,2018
China's top 100 internet companies post tln-yuan revenue in 2016
The income of China's top 100 internet companies rose 46.8 percent year-on-year to 1.1 trillion yuan (about 160 billion U.S. dollars) in 2016, official data showed Thursday.
August04,2017
Bank puts focus on internet innovation
China CITIC Bank Corp Ltd is boosting its internet finance business, to enhance market performance, as profits based on interest-rate spreads are decreasing, according to senior executives.
April17,2017
Baofeng establishes new company to expand culture business
Baofeng Group Co Ltd, a Beijing-based internet entertainment and video company, announced on Thursday that it has established Baofeng New Culture Co Ltd to expand its business in culture, tourism and virtual reality, or VR.
January13,2017
Revenue of China’s Internet industry up by over 40 pct in 2016
Revenues of China’s Internet industry have increased by more than 40 percent in 2016, said Miao Yu, minister of the Ministry of Industry and Information Technology.
December29,2016
Tencent calls for credible platform to fight internet fraud
To combat internet fraud, Chinese internet giant Tencent called on the government to establish a credible platform for related companies and banks to share databases, which can be used for finding fraudulent activity.
December16,2016
New net finance firm nears profit
A one-year-old internet finance firm from the stable of Greenland Group, a Chinese mainland developer, is on the verge of full-year "positive profit".
December12,2016
CIC buys 10.5% of National Grid's gas division
British Prime Minister Theresa May's policy of reviewing investment coming from China into British infrastructure has witnessed a new development.
December09,2016
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