A water park will be opened in the summer this year to the southwest of Shanghai Happy Valley, which has become a new tourism landmark in the Yangtze River Delta region after four years of development.
Chinese networking equipment maker Huawei Technologies Co Ltd has joined hands with the Imperial College London to develop big data technology, a move that will enable the world's second-largest telecom equipment supplier to further its expansion in the British market.
Apple users in China may no longer be buying apps that cost 99 cents in the US for 6 yuan because the company is adopting new pricing tiers in several of its international App Stores.
As a technology and innovation hub, Zhongguancun is a household name in China. But as the worldwide technology revolution is invigorating the 105 national high-technology parks and an even larger number of new, lower-level parks, the one-time bellwether is rethinking its strategy.
Datang Telecom Technology and Industry Group, a Chinese telecommunications equipment company, will further implement its "going global" strategy in an effort to upgrade China's export structure, a top executive of the company told China Daily.
The roots of many of the tens of thousands of high-technology companies in Beijing's Haidian Science Park lie in university laboratories or researchers' ventures. But many others are traditional State-owned enterprises that have found new lives through restructuring.
Owners of products recognized as well-known Chinese trademarks can no longer use the legal designation on their product packages or advertisement, according to the second draft version of an amendment to the trademark law submitted to China's top legislative body on June 26.
Trade friction over intellectual property rights is being cited by some countries as a pretext to implement protectionism, a senior Chinese government official said, according to Shanghai Securities News.
China's land market sizzled in May, with the land transfer fees in the country's 10 key cities reaching a record high since 2008, industry statistics showed, indicating pressure for further home price hikes in the market.
US companies from Procter & Gamble Co to Pfizer Inc are facing a hit on their earnings as Venezuela's government limits access to dollars and the currency fell further.
BlackBerry's shares tumbled the most since 2000 after the company reported a surprise loss and weak sales of a new touch-screen model, underscoring its challenges in competing directly with the iPhone and Android devices.
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Raymond Zhou
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Chen Weihua
