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The Shanghai Intellectual Property Court has ordered a Shanghai-based Chinese company to pay a record high compensation of 15.05 million yuan (.2 million) to a European software company for infringement of copyright.

The State Council has submitted a proposal to the NPCSC requesting it to make a decision on the continued operation of the sixth Hong Kong Legislative Council before the 2021 election.

The Taipa Houses Museum [Photo/VCG]

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The Shenzhen-based company has set up 19 R&D centers in the United States, Finland, Denmark, the United Kingdom, Singapore and other regions, with 4,177 R&D personnel worldwide.

The State Post Bureau invited senior executives of Alibaba affiliate Cainiao and SF Express, two major domestic parcel carriers, to talks in Beijing, to resolve their dispute that blocked access to each other's customer data.

The Shanghai Stock Exchange listed the largest number of IPOs in the world this year, as the country eased monetary policy and maintained ample liquidity in the financial system. Strong support from the government to promote reforms in the capital market also boosted IPOs in China, according to Terence Ho, an EY partner.

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The State Council, or China's Cabinet, released a statement on Aug 24 that the country will promote the development and application of big data platforms in the healthcare industry.

The Shanghai municipal government has unveiled plans to expand the city's contribution to the autonomous driving sector by opening up more of its roads for tests.

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The TX order book opens on Aug 1, commencing with drivers who have registered an interest. A driver's weekly payment plan for a new vehicle will vary on any existing deal on previous black cab models. Drivers will benefit from an estimated 100 pounds a week in fuel savings.

The Shenzhen Stock Exchange, on the other hand, saw IPO volumes hit 28 billion yuan from 69 IPOs, both of which were four times higher than the first quarter of 2016. Shanghai and Shenzhen were ranked second and third globally in terms of total IPO proceeds raised.