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Internet search giant Baidu Inc has obtained a license for third-party fund sales as part of its foray into internet finance.

Investing in high-tech sectors is a major strategy for Evergrande Group to become a sustainable development enterprise, said Xu Jiayin, board chairperson of the Hong-Kong-listed company.

Inspectors check the food quality at a supermarket in Beijing's Xicheng district on June 26. Zou Hong/China Daily

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Internet search giant Baidu Inc announced it has established a special fund of 300 million yuan for disease prevention and public health security.

International cooperation is also taking place in the park. Sino-German Intelligent Manufacturing Research Institute, which was co-founded by Nanjing Yangzi Investment Group, industrial investment funds and private capital, is cooperating with German Fraunhofer-Gesellschaft applied scientific research institution to introduce intelligent manufacturing technology and advanced management experience.

Instead, it will continue to recruit new staff, ramp up training programs and utilize more platform resources to help create more jobs.

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Investors turned bullish on shares of companies involved in development, infrastructure, construction materials and transportation.

Investors have shown enthusiasm for the latest addition to the sharing economy, pouring tens of millions of dollars into it. Last year, YCloset received million in a series C fundraising round led by Alibaba Innovation Ventures, Softbank China and Sequoia China.

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Investors will be eyeing the online retailer’s costly 1-day delivery initiative and its impact on margins. The company said it would spend .5 billion during its fourth quarter to roll out 1-day shipping, which is replacing the traditional 2-day core Amazon Prime membership benefit. That’s nearly double what Amazon spent in the second quarter, when it?announced?the expansion.

Iranian president Hassan Rouhani makes a speech during a meeting with foreign embassies and diplomatic mission representatives of Iran on July 22, 2018. [Photo/IC]