New Delhi, India, April 22, 2016 /ChinaNewswire.com/ – The 100 smart cities mission launched by the government to inject our cities with the latest infrastructure and amenities is ambitious and unprecedented. The project requires smart planning and organisation to make Prime Minister Narendra Modi's vision a reality. Important factors include, preparing the roadmap with schedules … Continue reading "Smart Cities India 2016 expo to unveil what it takes to build smart cities in India"
The jihadist threat the world is facing is the fourth in a series of increasingly perilous waves. If we are to avoid creating an even more powerful fifth wave, it is imperative that we learn from the mistakes we made in seeking to counter the previous …
Shanda Capital's Chen Tianqiao, Foyo Culture & Entertainment and Matrix Partners have led a RMB150 million (US$23 million) series B round of financing in Tuliu.com, a comprehensive online platform for land transfers in China. Foyo Culture & Entertainment is backed by Guo Guangchang, chairman of Fosun International Ltd. The company previously received RMB50 million series […]
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Lianjia, a Chinese O2O real estate agency service firm backed by Huasheng Capital, Tencent Holdings Ltd. and Hillhouse Capital, is preparing for an initial public offering in China, Hong Kong or the U.S., according to an article published by Jiemian.com. Two weeks ago, it was reported that Lianjia, or Home Link, completed a RMB6 billion […]
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China Media Capital (CMC) has led a US$30 million series C round of financing in Enjoy, an O2O (online-to-offline) start-up focused on providing discounted reservation services in high-end restaurants. Costone Venture Capital also participated in the round, according to Chinese media reports 36Kr. "Life style and consumer upgrade is an important area that CMC wants […]
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Zhubaijia, an online short-term vacation home rental platform backed by HNA Tourism Holding (Group) Co., Ltd. and CITIC GoldStone Investment Fund, has officially listed on China's New Third Board. The company, which recorded RMB46 million and RMB659,820 in revenues in 2015 and 2014, is the first company in the sharing-economy category to list in China. […]
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A strong property market drove China's economic growth to rebound strongly in March, with credit, exports, industrial production, retail sales and infrastructure investments showing stabilization, leading the bank to upgrade its 2016 GDP forecast to 6.6%, according to a research report by UBS AG. Property sales accelerated further to rise 38% year-on-year in March, boosted […]
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A boom in China's public-private partnership projects have led many investors to warn hidden financial risks and whether these government-led funds can fulfill their return promises. At the end of 2015, there were a total of 780 PPP funds with aggregate capital of RMB2.18 trillion in China. But 40% of those were established in 2015, […]
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Chinese classified information website Baixing.com released its first annual financial report after its IPO, and the company's operating revenue in …
Being much poorer, the state has much more potential to grow than pre-crisis America