Baidu sets up 20b yuan fund to finance internet projects
2016-10-12 16:12:35
The private-equity-style fund, Baidu Capital, will allocate about 20 billion yuan ($2.98 billion) in its first round of investment, extending about $50 million to $100 million for each project.
Apple seeks to lure customers
2016-10-11 07:38:56
Apple Inc has filed two patent applications in China, in a move to prepare for new smartphone features that can resonate with local consumers, as the US giant struggles with tumbling sales and mounting competition in the world's largest smartphone arena.
Alibaba offshoot gets stake in Spielberg firm
2016-10-11 07:38:56
The film offshoot of e-commerce giant Alibaba Group has purchased a minority stake in Amblin Partners, a production outfit backed by Steven Spielberg, the latest in a string of investments by Chinese companies to use Hollywood movie-making magic to fulfill their global ambitions.
Nuclear firm confident reactor can pass strict UK test
2016-10-10 08:08:40
China General Nuclear Power Corp has said it is confident that the Chinese-made Hualong One reactor will pass Britain's strict approval process in five years.
Consumption contributes 73.4% of China's H1 growth
2016-10-10 10:10:58
Consumption contributed 73.4 percent of China's economic expansion in the first half of 2016, official data showed on Sunday.
Chinese automaker Lifan unveils new model for Argentine market
2016-10-06 17:04:35
Chinese automaker Lifan has recently unveiled its new model X50 in Argentina, where the small-size SUV will sell for 245,000 pesos (about $16,333).
Chinese mobile company successfully penetrating Myanmar market
2016-10-06 15:19:57
Huawei is successfully penetrating Myanmar's mobile market, as it recently made partnership with KMD as a new distributor for its products and solutions business.
Bing brings jianbing street food to New York
2016-10-05 11:52:13
Pour batter onto a round griddle, crack an egg on top. Sprinkle on chopped scallions, sesame seeds.
Number of trips could hit record
2016-10-05 07:45:12
China's tourist market welcomed double-digit rises in tourist numbers on the first three days of the National Day holiday, as the National Tourism Administration forecast a record number of trips would be made during the holiday period.
Nation steps up to the platform boom
2016-10-02 08:07:21
China has become a world leader in producing digital platform businesses, according to a professional services company.
When it comes to travel, it's a woman's world
2016-10-02 08:07:21
While it is a well-established trend that Chinese people are traveling the world in large numbers and visiting places previously unknown to many from the country, a new survey reveals that the majority of such travelers are women.
Lenovo to cut up to 1,000 jobs at Motorola
2016-09-28 07:09:45
Lenovo Group Ltd confirmed on Tuesday the latest round of layoffs of about 1,000 employees, mostly from the overseas Motorola unit, in a bid to turn around the fortunes of the Chinese company's loss-making smartphone business.