Financial technologies have overhauled the entire ecosystem of finance from the supply side, to demand side and to the to basic infrastructure and have caused shockwaves to the regulation and legislation.

Key economic indicators for August show the Chinese economy continued to slow in expansion but held steady in reforms, according to the National Bureau of Statistics (NBS).

China will unveil a slate of policies, including tax cuts and setting up national artificial intelligence innovation centers, to beef up support for AI and clear legal risks.

Beijing attracts most Chinese overseas student entrepreneurs.

E-commerce retailing, or e-retailing in China, has had an increasingly positive impact on the manufacturing industry – in 2017, every million yuan ($152,000) of the manufacturers’ investment in e-retailing, they would get a 710,000 yuan direct increase in their benefits, according to a recent report.

Online and offline retailers on the mainland have hit a rough patch amid signs of the e-commerce boom losing steam. As Chai Hua reports, the key to their survival is transformation.