360buy.com, the largest online store in China by market share, plans to spend 8 billion yuan ($1.2 billion) on improving its logistics and customer services over the next five years, after receiving an investment of $500 million from several venture capital companies.
China is set to launch a three-year project to develop its own core technologies in ballpoint pen making, which currently relies heavily on foreign technologies, said a statement from the Ministry of Science and Technology Wednesday.
China Mobile Ltd posted fourth-quarter profit that beat analysts' estimates as mobile Web users downloading music and videos lifted sales.
Hewlett-Packard (HP) Corp is aiming to sell 100 million devices that use its WebOS operating system this year.
In another example of a Chinese IT company taking a stab at an overseas listing, the Chinese security software provider Qihoo 360 Technology Co plans to raise up to $200 million through an initial public offering (IPO) in the United States.
Internet game players in China exceeded 120 million in 2010, up 37 percent year on year, according to a report released on Tuesday by the Ministry of Culture.
Last weekend was a worrying time for Liu Jun, the president of a major software-outsourcing provider in China.
Taobao.com, China's leading B2C website, announced on Monday that it will launch a major campaign to stop online piracy and counterfeiting. The move comes after the site was labeled as a "notorious market" by selling products that violate intellectual copyright protection.
China's international communication connections have mostly resumed after a massive 9.0-magnitude earthquake jolted Japan, damaging undersea cables, the country's telecommunications operators said Monday.
With more than 450 million Internet users in China, discussion regarding e-commerce development was certain to come up during the annual sessions of the National People's Congress and the Chinese People's Political Consultative Conference National Committee.
BEIJING - The development of the global nuclear power industry could stall for a year of two if Japan's nuclear crisis proves seriously destructive, said an industry expert from the Energy Research Institute, the think tank of China's National Development and Reform Commission (NDRC).
With more than 450 million Internet users in China, discussion regarding e-commerce development was certain to come up during the annual sessions of the National People's Congress and the Chinese People's Political Consultative Conference National Committee.