A rebound in construction gave a boost to the service sector last month, the National Bureau of Statistics and the China Federation of Logistics and Purchasing said on Wednesday.
Woolworths Liquor Group, a leading global drinks retailer and the top seller of alcoholic beverages in Australia, on Wednesday announced the $25 million acquisition of Summergate Fine Wines & Spirits and Pudao Wines as it seeks to expand in the Chinese market.
Iron ore imports are expected to grow 6.4 percent year-on-year to around 1 billion metric tons in China during 2015, driven largely by lower commodity prices and growth in domestic demand, industry experts said on Wednesday.
Despite the surge in online shopping in China, industry experts said there is still massive ongoing investment in commercial shopping space, as developers remain convinced that consumers will remain attracted to brick-and-mortar stores.
Experts are reporting a surging demand for logistics properties, such as warehouses - facilities that are especially attractive to e-commerce companies.
Intel Corp is investing up to $1.6 billion over the next 15 years to upgrade its chip factory in Chengdu, Sichuan province.
Chinese billionaire Lei Jun finally has found a major cloud service provider for Xiaomi Corp, the fast-growing smartphone startup he founded nearly five years ago.
Xiaomi Corp, the privately owned Chinese electronics company, and other Chinese firms have joined in a $40 million investment in the United States technology startup Misfit.
PetroChina Co and three partners will invest more than $4 billion to drill for shale gas in China's most productive shale fields.
Shanghai Electric Power Co Ltd is in preliminary contact with top German utility E.ON over the possible purchase of its Italian assets.
CGN Power Co, China's largest nuclear power generator, is set to raise about $3.2 billion in Hong Kong's biggest initial public offering in two years, according to people with knowledge of the matter.
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