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Banks should change their profit earning model: regulator

[2015-03-04 09:08]

Commercial banks must overhaul their profit models from traditional ones to address the narrowing interest margin, urged Shang Fulin, chairman of China Banking Regulatory Commission.

Central govt set to take over tax rebate process

[2015-03-04 07:10]

In a move aimed at reversing the export slump and spurring growth, Beijing announces decision to pay export tax rebates to companies.

Firms see Hollywood bright lights

[2015-02-25 08:38]

The success of Chinese-backed films at this year's Oscars marks a strong reflection of the growth of Chinese investment in not only the US movie industry.

Postal Savings Bank plans $25b IPO

[2015-02-25 07:11]

Postal Savings Bank of China Co aims to raise up to $25 billion with an initial public offering next year, people with knowledge of the matter said.

Alibaba head meets with regulators

[2015-02-11 07:55]

The head of China's quality watchdog met with Alibaba chairman Jack Ma on Monday to discuss the crackdown on fake and shoddy products.

'Battlefield' for mobile payments is shifting overseas

[2015-02-11 07:21]

The competition to capture new users of mobile payment services during the Spring Festival has intensified among China's Internet companies.

Anbang plans acquisitions around world

[2015-02-06 07:46]

Little known before its deal for the landmark property in 2014, Anbang Insurance has transactions pending in Europe, Asia, Oceania and Africa.

Train-makers set for sales boost abroad

[2015-02-06 07:25]

China is to take new measures to help its train-makers expand sales channels globally. The support comes after the country saw the fastest growth in rail equipment exports.

Offensive nicknames pulled from the Internet

[2015-02-05 08:08]

Nicknames such as "Obama" and "Putin" are no longer available in China as the country vows to crack down on illegal user names.

China cuts bank reserve requirement to spur growth

[2015-02-05 07:26]

Central bank makes system-wide cut to bank reserve requirement, to unleash liquidity to fight off slowdown and looming deflation.

Technology giants in flap over gift envelopes

[2015-02-04 07:03]

Alibaba Group Holding Ltd and Tencent Holdings Ltd are competing for a bigger share of the red envelope market during the upcoming Spring Festival.

Drones taking to the air in test for delivery services

[2015-02-04 07:02]

Using five drones, a Chinese express company is partnering with Alibaba's retail site to launch the first public air delivery campaign in China.

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