China has been working on a service network that enables the deployment of blockchain technology for businesses, notably those operating cloud computing infrastructure, the report says

Tencent Music said revenue dropped to 6.64 billion yuan ($979 million) in the first quarter ended March 31, partly due to lower ad sales after a fresh bout of Covid-19 cases in China

NDRC spokeswoman said more targeted support would be offered to manufacturing firms, the contact-intensive service sector, small firms and individual businesses to stabilise the job market

Tech executives including Qihoo 360's Zhou Hongyi and Baidu's Robin Li are attending the meeting with Vice Premier Liu He, said people familiar with the matter.

The developer had been struggling to secure bondholders consent for the notes due in May and July 2022 totalling $729 million.

Paytm E-commerce bought back a combined stake of 43.32% for 42 crore rupees ($5.4 million), valuing the company at just around 100 crore rupees ($10.2 million)

In 2021, more than 80 companies cancelled plans to list on Shanghai's tech-focused STAR market, double the number in 2020

China's market regulator said on Monday Tesla is recalling China-made Model 3 and Model Y vehicles due to overheating that may cause the centre touchscreen to malfunction

Deputy Mayor Zong Ming said Shanghai would be reopened in stages, with movement curbs largely to stay in place until May 21. But dozens of Covid cases still found in Beijing

Property sales in China saw their biggest monthly fall in 16 years in April as Covid lockdowns sapped demand despite moves by officials to ease borrowing limits and revive the sector

The US electric vehicle manufacturer is aiming for daily output of 1,200 cars this week, but hopes to raise production in Shanghai to about 2,600 cars a day next week

Retail sales plunged 11.1%, the steepest fall since March 2020, while industrial production dropped 2.9%. Capital Economics forecasts growth of just 2% this year.