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Custodian service could give Standard Chartered an advantage among Western banks growing their China activities. This competition became particularly fierce following an announcement by the Chinese government in November 2017 that allowed foreign banks to seek majority ownership of their China joint ventures for the first time.

DALIAN - An affiliated company under China's top train maker CRRC Corporation has acquired a subway train order from Nagpur, India, the company said Sunday.

Cybersecurity is the top one challenge for industrial internet, which is entering the fast lane in China, and more efforts are needed to better solve the problem, said Qi Xiangdong, chairman of Chinese security company Qi-AnXin Technology Group Inc, on Friday.

Customs officials in Yiwu, Zhejiang province, inspect e-commerce parcels from South Korea. [Photo/China Daily]

Currently there are 100,226 COVID-19 hospitalized patients in the country, the first time hospitalizations have exceeded 100,000, according to the latest data of the COVID Tracking Project.