Chengdu was once called "Alto City" because the small Suzuki hatchback ruled its streets in the 1990s.
As one of the top four auto shows in China, the Chengdu Motor Show 2013 is hosting a grand opening at Century City New International Convention & Exhibition Center today to kick off its biggest session ever.
China's light vehicle market posted a solid start in the third quarter of 2013, with sales of locally made cars, pickups, SUVs and vans hitting 1.43 million units in July, up 9.3 percent from a year earlier.
The southwestern city of Guiyang is attracting at least 43.7 billion yuan ($7.14 billion) in investment from Zhongguancun, China's "Silicon Valley", according to the mayor of Guiyang.
Mobile chat application Yixin, which was launched by China Telecom Corp Ltd and NetEase Inc, is pushing China Mobile Ltd, the nation's biggest telecom operator, into an awkward corner, analysts said.
Agricultural Bank of China Ltd's net interest income stood at 180 billion yuan ($29.4 billion) in the first half of 2013, up 12.2 billion yuan year-on-year, its executives told a news conference on Wednesday.
As United States winemakers continue to seek a share of the vast Chinese market, Chinese baijiu producers are themselves looking across the Pacific.
Sweden-based home furnishing giant IKEA Group opened its first wholly owned manufacturing facility in China on Wednesday, through subsidiary IKEA Industry Group, in a bid to support its rapid expansion in Asia - especially China.
General Electric Co said on Wednesday that it has formed a partnership with China XD Electric Ltd, a move that will give the United States-based conglomerate a foothold in China's vast electricity infrastructure market.
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