State-level support to companies involved in the Internet of Things will give a boost to a market that's already worth hundreds of billions of yuan annually, industry insiders said as they urged the government to draw up national standards for the IoT.
The government will offer subsidies to producers of rare earths to encourage them to improve their technology levels and use environmentally friendly means of extraction, a notice said on Wednesday.
Erick Guo left Asia's largest Internet company last year to build a team of artists and engineers who could create smartphone applications inspired by Japanese comics. The 25-year-old and his team ended up with China's hottest app last month and are working on their next hit.
China's biomass companies are on the fast track after government policymakers approved heightened investment in clean energy technology.
Advanced and environmentally friendly processing technology is the star of the show at China's largest annual aluminum industry exhibition, a three-day event that opened on Wednesday.
Chinese companies have significantly improved their rankings in the Fortune 500 list of the world's biggest companies for 2013, a new report said.
As a well-known shopping street loses flagship stores, it must transform itself to retain tenants and attract customers, reports Wu Yiyao in Shanghai
Volkswagen Group China impressed German Chancellor Angela Merkel by making people a priority when she visited an FAW-VW plant in Chengdu, Sichuan province, on July 6.
In the presence of German Chancellor Angela Merkel and Chinese Premier Li Keqiang, Jochem Heizmann, member of the board of management of Volkswagen Aktiengesellschaft and president and CEO of Volkswagen Group China, signed a joint declaration for two new vehicle plants in China together with Xu Jianyi, chairman of FAW on July 7.
Shanghai is welcoming private investors to participate in a State-owned enterprise stockholding reform that it hopes will be completed within the next five years.
Energy demand growth in China fell below the 10-year average amid an economic transformation, British oil giant BP Plc said on Tuesday.
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