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As the headquarters of internet giant Alibaba, Hangzhou has implemented the Alibaba City Brain Project using AI algorithms to monitor and control traffic signals and street cameras.

As waves of anti-extradition-bill protests crested with a citywide strike that brought transportation chaos and gridlock to Hong Kong on Monday, the city's top financial official warned the local economy faces the gloomy prospect of a "technical recession".

As the Seattle-based retailer looks to increase the price of Amazon Prime by - from its current price point, the more the company can bolster the additional services included in its premium shipping service, the better. A recent survey showed that many users wouldn’t be willing to keep up their Prime subscriptions if the price goes up, though they might be more willing to keep paying if they felt they were getting better value for their dollar.

As the third batch of central State-owned enterprises to carry out mixed-ownership reform is likely to undergo process soon, a slew of funds backed by state capital sprang up to support the project across the country, China Securities Journal reported.

As the first premium marquee to localize production, Audi has reigned in the country's premium segment for 30 years in a row: it has delivered 5 million imported and primarily made-in-China vehicles in the country, which is now Audi's largest car market worldwide.