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China's 1st Sino-foreign payment network launched
2020-08-30
The first licensed Sino-foreign bank card clearing institution in China was commercially launched in Hangzhou, Zhejiang province, on Friday, representing a substantial step forward in the development of the payment industry in China.
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Project worth 12b yuan breaks ground in Jiaxing
2020-08-28
Construction on an industrial base worth 12 billion yuan ($1.74 billion) began in Haiyan, a county in Jiaxing, East China's Zhejiang province, on Aug 27.
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Brazilian mining firm opens grinding hub in E China port
2020-08-26
Brazilian mining company Vale and Ningbo Zhoushan Port Group has held a ceremony on Aug 25 in Ningbo to celebrate the inauguration of the Shulanghu Grinding Hub, the firm's first such operation in China.
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Ant Group files listing documents in Shanghai, Hong Kong
2020-08-26
Ant Group, China's financial technology conglomerate, filed its listing documents in Shanghai and Hong Kong on Tuesday, according to its filings on the two cities' exchanges.
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New materials project worth 2b yuan to operate in Zhoushan
2020-08-25
A new materials project worth 2 billion yuan ($289 million) will start operations in the Marine Industry Cluster of Zhoushan, an island city in East China's Zhejiang province.
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Jiaxing company debuts very-high performance heterogeneous chip
2020-08-24
Jiaxing-based Zhejiang ICLeague Technology Co Ltd recently debuted the world's first very-high performance heterogeneous chip.
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Alibaba reports 34% surge in quarterly revenue
2020-08-24
China's e-commerce giant Alibaba Group reported year-on-year revenue growth of 34 percent to 153.8 billion yuan ($21.76 billion) for the quarter that ended on June 30, 2020.
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