Sinotech Minerals Exploration Co Ltd and Power Capital LLC announced on Thursday that they will establish a mining fund totaling 1 billion yuan ($161.9 million), which will seek opportunities among fast-growing small and medium-sized mines.
Suning Commerce Co Ltd reported a first-half net loss of 749 million yuan ($121.4 million), the first interim loss for the appliance retailer in a decade.
Soybean imports will shrink in the second half as demand declines, the result of a slowdown in meat demand and high import volumes in the first six months.
A television expose showing improper meat handling by a supplier caused "significant, negative" damage to sales at its KFC and Pizza Hut restaurants in China over the past 10 days, US-based Yum Brands Inc said on Wednesday.
London, Chicago, San Francisco top locations for $5.4b from China
The stars of the gaming industry shone on Wednesday at the 2014 China Digital Entertainment Expo & Conference in Shanghai, with Microsoft Corp announcing the launch of its game console Xbox One on Sept 23.
Travel agencies have reported brisk sales of flight-delay insurance policies in the past two weeks, especially on routes in the eastern and central parts of China, as a result of an increasing number of flight delays.
Safety concerns, better travel options help lesser-known destinations gain an edge over once-popular locales, reports Wang Wen.
Russia and the world's top energy user China may jointly develop six floating nuclear power plants, Russia's nuclear export body said on Tuesday.
With the help of their foreign teachers, more than 60 students carefully identified hazards in a factory and then photographed them as learning materials.
Conglomerate joins Shanghai Film Group to produce, distribute movies
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Raymond Zhou
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