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Chinese social networking company Renren Inc announced on Sept 27 that it will buy 56.com, an online video-sharing site in China, for $80 million.
China's first ATM dispensing gold bars and coins was switched on this weekend and then swiftly switched back off again.
Chinese cities whose economies rely largely on the exploitation of natural resources must seek a new source of development to boost the nation's growth, government officials and scholars said at an Expo Central China 2011 forum on Sept 26 in Taiyuan, Shanxi province.
China's software industry maintained an average monthly growth rate of 30 percent in the January-August period of this year, data released on Sept 26 by the Ministry of Industry and Information Technology (MIIT) showed.
Hong Kong-listed Alibaba Group Holding Ltd, China's largest e-commerce company, said on Monday that its majority-owned subsidiary HiChina is seeking a separate listing in the United States, which would lead to a reduction of Alibaba's holding in HiChina.
China said on Sept 26 it has launched an inter-provincial operation to better regulate the production of light rare earth metals in its latest effort to rein in illegal rare earth exploration.
China will further open up its central region to foreign investments, as a way to accelerate the country's industrial upgrading and maintain sustainable economic growth, senior central government officials said on Sept 26.
People move into gold, diamonds and other commodities to protect savings from ravages of inflation.
China and India launched a Strategic Economic Dialogue on Monday in a sign that both Asian powers are seeking closer economic ties despite differences over issues such as South China Sea disputes.
Japanese automaker Subaru will recall 36,728 vehicles imported to China due to faulty front windshield wipers, China's quality watchdog said.
China's mobile phone operators had 81.08 million new subscribers in the first eight months of this year, bringing their total number of users to a record high of 940.09 million, the Ministry of Industry and Information Technology said on Sept 26.
In face of the severe survival predicaments, China issued its first nation-level special plan for small and medium-sized enterprises on Sept 22.
