Tsinghua Holdings Co Ltd, a technology conglomerate backed by Tsinghua University, plans to invest at least 30 billion yuan ($4.76 billion) in developing mobile chip technology, highlighting the company's ambition to challenge Qualcomm Inc's dominance in the country's chip market.
China's central bank devaluated the yuan against the US dollar by 1.86 percent on Tuesday, the largest single-day drop since exchange rate reforms began in January 1994.
The Chinese city of Weifang is not unattractive, with skies that are bluer and streets that are cleaner and greener than those to be found in Beijing. From afar, its many rows of buff-colored towers look like toothpicks.
More action should be taken to safeguard cybersecurity, as the country's Internet environment is facing an increasing risk of being attacked, government officials and experts said.
Internet-based businesses and media have been asked to actively engage in the Belt and Road Initiative by building a "digital Silk Road" and helping to upgrade traditional industries within and beyond China's borders.
Wang Zhongbing wants to transform the southernmost city of Guangdong province into an economic powerhouse that can rival cities such as Foshan and Dongguan. He has successfully courted a number of state-owned petrochemical, steel and papermaking giants to the city. But Wang's vision also encompasses the environmental and social implications as he wants to turn Zhanjiang into an eco-city.
According to the record books, China’s first baseball team was established in Beijing in 1895, yet it was not included in the National Games until 1959. After being banned during the "cultural revolution" (1966-76), the sport enjoyed a resurgence when China was awarded the 2008 Olympics.
Song Andong has made sporting history by becoming the first Chinese-born player to be selected in the NHL draft.
A student charitable organization in the San Francisco Bay Area is trying to motivate more Asian-American students to get involved in community service.
Even as data indicate that China's economy is in a fragile state, Chinese demand for New York City real estate remains strong as developer Oceanwide Holdings Group Co has agreed to acquire a pair of sites in Manhattan for $390 million.
The giant panda Mei Xiang at the National Zoo in Washington may be pregnant again.
China and the United States will exchange visits by officials in preparation for the upcoming September state visit by President Xi Jinping to the US, the first state visit by a Chinese president since 2011.
Shipping bankruptcy strands ships, roils maritime cargo industry
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