The battle between two major Chinese social networking sites, Renren.com and Kaixin001.com, will soon spread to the US stock market. That's because the two companies are planning IPOs in the United States in the coming months.
China Unicom Ltd posted first-quarter profit that fell more than analysts' estimates as it subsidized 3G handsets to attract users.
Authorities in charge of the manned space program unveiled plans on Monday to build a 60-ton space station, made up of three capsules, and develop a cargo spaceship to transport supplies.
China's software industry revenue in the first three months surged 27 percent year on year to 345.4 billion yuan ($53 billion).
China is planning to expand broadband Internet coverage to more of its vast rural areas during the country's 12the Five-Year Plan period (2011-2015), an official said in here Monday.
Nokia Siemens Networks - a joint venture between Nokia Oyj and Siemens AG - will complete its acquisition of Motorola Inc's network equipment assets on April 29.
Imports of digital cameras from Japan to Beijing declined by 8.8 percent in the first quarter of 2011, indicating the increasingly severe fallout from the March earthquake in Japan, the Beijing municipal government said on Monday.
The online-gaming arm of the Chinese Internet portal Sohu.com Inc will buy a majority stake in a games developer.
China's cultural ministry announced Monday that it would hand down punishments for 14 websites that have provided illegal music downloads, including Baidu's "BaiduMP3" service.
Foxconn Technology Group will start the Project 501 in Mianyang, Sichuan province in May, the China Business Journal reported Monday.
Chinese authorities shut down 410 websites involved in copyright infringements and counterfeiting in the first three months of 2010 in an intensified effort to clamp down on online cheating, the Ministry of Commerce (MOC) said Thursday.
The development of mobile internet will explode when some smartphones are available at prices less than 1,000 yuan, Kai-Fu Lee, the chairman and CEO of Innovation Works said in a speech Friday at the Iresearch Annual Forum in Beijing.