Didi Kuaidi targets 30m users daily in 3 years

2015-05-23 09:11:36

Didi Kuaidi, China's largest taxi-hailing app provider by market share, said on Friday that it expects to serve 30 million people a day in three years.

Expats in Lima shed light on China

2015-05-23 09:50:35

Two big posters of a Chinese tobacco company catch the attention of international travelers just beyond customs control at the Lima airport in Peru.

Stocks rally to seven-year high

2015-05-22 16:36:01

The Shanghai Composite Index advanced for a fourth day and surged 2.8 percent to 4,657.95 points, marking its highest since February 2008.

Mexico to compensate China's CRCC for canceling rail project

2015-05-22 17:10:01

The Chinese company at the helm of a consortium that won a $3.75 billion high-speed rail contract last year which was later revoked will be compensated almost $1.31 million, said a Mexican official.

Lenovo, Alibaba in 'smart' alliance

2015-05-21 08:01:21

Lenovo Group Ltd is setting up a new subsidiary to sell televisions online, the company said on Wednesday.

Shanghai gives official nod to car-hailing app

2015-05-21 09:22:39

To be launched on June 1, the service will be jointly operated by authorities, taxi companies and third-party car hailing service provider.

Ministry unveils blueprint to boost manufacturing

2015-05-20 07:25:30

China announced an ambitious plan on Tuesday to encourage innovation and boost the competitiveness of its manufacturing sector.

Disney bows with a merchandising blitz

2015-05-20 07:21:22

Located in the landmark financial area Lujiazui of Pudong district, it offers 2,000 products in an area spread over 5,000 square meters.

A-share bull resumes, Shanghai index up 3.1%

2015-05-19 16:28:38

Chinese stocks rallied on Tuesday, led by brokerages and technology companies, with Shanghai index jumping over three percent.

Steel, rare earth sectors face reshuffle amid SOE consolidation

2015-05-19 17:14:57

Mergers among China central SOEs will be fast tracked as govt overhauls the underperforming sector to deepen economic reforms.

China slashes taxes on green autos

2015-05-18 13:38:00

China, the world's second largest new-energy vehicle market, is once again making the purchase of a new-energy vehicle much easier and lighter on customers' wallets.

Value-added exports called ready for Chinese market

2015-05-18 12:32:50

Brazil should expand its exports of processed food to diversify the mix of goods sold to China, 79 percent of which are soybean, iron ore and oil products, said Jose Vicente Lessa, consul general of Brazil in Guangzhou.