City for beer lovers

Thirsty punters are flocking to Qingdao as the coastal city in Shandong province hosts its 24th annual beer festival.

Qingdao: The city that was built on beer

It's a breezy summer day in coastal Qingdao, and I am awash in beauty and beer. I've been hanging out all morning with 48 lovely young ladies, each one a beauty contest winner in her home country or region.

Some fun beer quotations

Private firm Guanghui gets oil import license

Share prices of Guanghui Energy Co jumped by the daily limit of 10 percent on Thursday to 8.98 yuan ($1.46) after the private firm was granted a crude oil import license on Wednesday, a move that echoes the government's efforts to break the monopoly in the oil market.

Microsoft CEO 'en route to Beijing'

Microsoft Corp Chief Executive Officer Satya Nadella is set to visit China in late September, a source said on Thursday, as the Chinese government conducts an antitrust investigation into the world's largest software company.

Urumqi Air set to take off with New Silk Road

Urumqi Air, the first local carrier in the Xinjiang Uygur autonomous region, will make its maiden flight on Friday from Urumqi to Yining in the autonomous region.

Overseas banks have great H1 in China as renminbi deals surge

Many overseas banks reported double-digit profit growth in China in the first half of 2014 thanks to a rapid increase in corporate banking and cross-border renminbi business.

Thailand aims to get rail transport ties with China on track

Thailand is seeking more opportunities to collaborate with China, especially in the areas of rail transport, agricultural products and tourism, after months of political turmoil.

Regional partnership talks to end next year

Economic ministers from the 16 participating countries of the Regional Comprehensive Economic Partnership have reiterated their commitment to conclude negotiations by the end of 2015.

What's news

Industrial profits up by 13.5 percent to $78.5b

Taking the green road to growth

Stein Erik Hagen, the richest man in Norway, believes that China will continue to play a critical role in the global economic transformation and spearhead green energy applications worldwide.

Robust demand keeps aluminum firms humming

Demand for high-end aluminum products will continue to grow in China over the next few years due to the renewed focus on energy conservation and sustainable development, a top industry official said.