In 2017, four Chinese banks, including Bank of China and China Construction Bank, made it to the Financial Stability Board list of 30 global systemically important banks.
In 2017, 860 SMEs had been added to the New Third Board, official data showed.
In 2018, China had over 700 million IoT connections with a market scale surpassing 1 trillion yuan, said Wang Qinmin, an official with e-government affairs.
In April, Baidu opened its self-driving taxi service in Changsha, Hunan province. Robotaxi provides free rides to passengers across an area of 130 square kilometers.
In April, Chacha Food Co Ltd, a major Chinese producer of roasted seeds and nuts, and online retailer JD launched a crowdfunding platform online to help villagers innovate their technologies and products. The funds will also help support marketing and sales.
In 2021, McCafe will expand to nearly all McDonald's restaurants in seven other cities including Nanjing, Jiangsu province, and Hangzhou, Zhejiang province.
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In 2017, Chinese courts settled 203,000 IPR related cases, up 38.38 percent from a year earlier. A total of 7,157 people were charged. Police also investigated 17,000 cases related to IPR violation or making and selling counterfeit products, involving a combined sum of 6.46 billion yuan (about .02 billion).
In 2018, CATL's revenue grew 48.1 percent year-on-year to around 29.61 billion yuan and net profit decreased by 12.7 percent to about 3.39 billion yuan.
In 2018, holiday spending increased 2.9 percent to 7.5 billion, the National Retail Federation reported. Goldman Sachs did not estimate total 2019 holiday spending.
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