Alibaba broadens SME loans

2011-03-22 10:39:18

Alibaba Group, the Chinese e-commerce giant, will expand its small-loans business with two of the largest Chinese commercial banks in March and persuade 15 lenders to join this year. 

New navigation system to create big business

2011-03-21 13:57:17

A new Chinese global navigation system is expected to help China compete with other foreign GPS technologies, and could generate around 400 billion yuan ($60 billion) in revenues by 2020, a senior space technology expert has announced.

HP accelerates service quality, new products

2011-03-18 13:32:08

Hewlett-Packard (HP) opened its first customer experience center in the world at Pacific Digital Plaza in Zhongguancun, an area in western Beijing often termed China's Silicon Valley on March 17.

China shuts down 130,000 unlicensed Internet cafes

2011-03-18 13:14:13

More than 130,000 Internet cafes operating without the proper licenses were closed over the past six years as part of the Chinese government's long-term efforts to regulate the market, as recently reported.

Lenovo readies Web TV product

2011-03-18 11:19:19

The Chinese computer maker Lenovo Group said on Thursday that it will launch its own television product in the "near future", as part of its recent efforts to expand outside the PC industry.

Tencent to step up overseas expansion

2011-03-18 10:44:19

Tencent Holdings Ltd, China's biggest Internet company, will step up overseas expansion and increase spending on operations from e-commerce to social media because of intensifying domestic competition.

Chang: '3G era is with us'

2011-03-18 10:42:44

China Unicom has built up the world's largest WCDMA (Wideband Code Division Multiple Access) network, by providing full coverage at county level and above, nationwide.

China's video websites join to screen movies online

2011-03-18 09:26:53

Seven Chinese video-streaming websites announced plans on Thursday to group together to offer fee-based online movies as an alternative channel for watching film on the Internet.

Tencent net profit up 56% to $1.22b

2011-03-17 13:45:30

Tencent Holdings said on Wednesday its net profit grew 56.2 percent to 8.05 billion yuan ($1.22 billion) for the year ended Dec 31 2010. 

360buy investing in logisitics and customer services

2011-03-17 13:43:21

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.

Baidu accused of infringing on copyrights

2011-03-17 13:12:39

Dozens of popular Chinese writers have accused the search engine giant Baidu of infringing on their copyrights and branded it a "thief" in the latest claims of piracy against the company.

China to launch 3-year project to make ballpoint pens

2011-03-17 10:53:59

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.