Tmall.com, the business-to-consumer platform owned by Alibaba Group Holding Ltd, rolled out a financing service on Wednesday to help car purchasers in China get unsecured loans of up to 60,000 yuan ($9,606).
Dagong Global Credit Rating Co Ltd has made its debut in Latin America's sovereign credit rating market, underscoring the growing need for risk ratings following a rush of Chinese investors in recent years.
A meat supplier's practice of selling expired chicken and beef to top fast-food chains in China has highlighted loopholes in ensuring quality and safety in the food supply chain in the country, pushing companies to be more proactive in auditing and testing, experts said.
A new regulation for low-altitude airspace management is expected to be unveiled by the end of the year in China, opening a new chapter for the general aviation industry in the country, experts said on Tuesday.
Two-way investment, big-ticket infrastructure projects, the development of e-commerce and cross-border RMB transactions will play a bigger role in China-ASEAN economic ties, officials said on Tuesday.
German healthcare operator and medical product provider Artemed Group said on Tuesday that it would set up a hospital in the China (Shanghai) Pilot Free Trade Zone.
Xiaomi Corp unveiled its latest flagship smartphone on Tuesday ahead of the autumn sales peak, a critical period for the Beijing-based handset vendor to meet its target of shipping 60 million units.
After a slight dip in the Luxury Consumer Price Index last year, it rose by 4 percent in 2014, according to a Hurun Research Institute report released on Tuesday.
Alibaba Group Holding Ltd teamed up with seven banks on Tuesday, jointly offering loans of up to 10 million yuan ($1.6 million) to China's small and medium-sized enterprises as the e-commerce conglomerate looks to further build a credit rating system based on online transaction histories.
Movie theater company IMAX Corp signed a deal on Monday with three Shanghai companies to increase the number of IMAX screens throughout China.
Chinese bad-debt managers saw a profit surge in the first half, helped by an increase in banks' bad loans.
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Raymond Zhou
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