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BEIJING - China's spending on blockchain technology will see rapid growth in the coming years to reach over billion in 2023, a report by global market intelligence firm IDC showed.

BEIJING - China will continue to strengthen regulation over the country's mushrooming Internet finance businesses in 2018 to facilitate long-term development of the industry, the National Internet Finance Association (NIFA) has said.

BEIJING - Lai Xiaomin, board chairman of China Huarong Asset Management Co. Ltd., was investigated for graft, the country's top disciplinary inspection agency said Tuesday.

BEIJING - Chinese artificial intelligence giant Baidu has upgraded its research institute to speed up industrial application of AI technology.

BEIJING - China's economy continued firm growth, with GDP expanding 6.9 percent year-on-year in the first three quarters, and 6.8 percent in the third quarter, the ninth straight quarter for China to see economic expansion of at least 6.7 percent, all adding to evidence the economy is on a steady footing