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Chinese e-commerce giant JD will speed up efforts in technology investment and said its expenditure on research and development amounted to more than 13 billion yuan (.9 billion) in the first three quarters of this year, surpassing the 12.1 billion yuan it spent in 2018.
Chinese police so far have detained 36 suspects and destroyed seven production plants, confiscating more than 3,000 counterfeit items, including leather products, suitcases, glasses, watches and jewelry. Sales had reached 100 million yuan (.1 million), according to the ministry.
Chinese genomics giant BGI, known as the Beijing Genomics Institute previously, announced on Tuesday that seven of its executives have decided to increase their equity holdings in the company, after a two-day stock slump triggered by a series of reports attacking its credibility.
Chinese e-commerce giant Alibaba's Ant Financial, operator of the country's biggest online payment platform, raised billion in its Series C round, which market observers called the largest-ever single fundraising globally by a private company.
Chinese major e-commerce platforms continued to break records in online sales during this year's June 18 shopping festival from June 1 to 18, which is the second-largest after Singles Day on Nov 11.
来源：资阳报