Aviation Industry Corp of China, the nation's top aircraft manufacturer, said on Wednesday that it was teaming up with French aerospace giant Safran to develop key parts for turboprop engines.
China avoided its second domestic bond default on Wednesday, as a local government stepped in with cash at the last minute.
Educational services provider New Oriental Education & Technology Group and ATA Inc, a Beijing-based provider of advanced testing technologies and testing-related services, have set up a joint venture to tap growth opportunities in the Chinese online and mobile education market and to train working professionals.
NetEase Inc, China's largest e-mail service provider, is planning to lauch a notary mail service in August in an attempt to stave off the challenge of social media services and increase its appeal to young Internet users.
Tmall.com, the business-to-consumer platform owned by Alibaba Group Holding Ltd, rolled out a financing service on Wednesday to help car purchasers in China get unsecured loans of up to 60,000 yuan ($9,606).
Dagong Global Credit Rating Co Ltd has made its debut in Latin America's sovereign credit rating market, underscoring the growing need for risk ratings following a rush of Chinese investors in recent years.
A meat supplier's practice of selling expired chicken and beef to top fast-food chains in China has highlighted loopholes in ensuring quality and safety in the food supply chain in the country, pushing companies to be more proactive in auditing and testing, experts said.
A new regulation for low-altitude airspace management is expected to be unveiled by the end of the year in China, opening a new chapter for the general aviation industry in the country, experts said on Tuesday.
Two-way investment, big-ticket infrastructure projects, the development of e-commerce and cross-border RMB transactions will play a bigger role in China-ASEAN economic ties, officials said on Tuesday.
German healthcare operator and medical product provider Artemed Group said on Tuesday that it would set up a hospital in the China (Shanghai) Pilot Free Trade Zone.
Xiaomi Corp unveiled its latest flagship smartphone on Tuesday ahead of the autumn sales peak, a critical period for the Beijing-based handset vendor to meet its target of shipping 60 million units.
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Raymond Zhou
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