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Console games set to lift off in Chinese market

[2014-08-01 07:09]

Now that the 14-year ban on game consoles has been lifted, the floodgates are open for a number of the world's leading game console providers to pour into the Chinese market.

Companies keen to pay for prime CBD locations

[2014-08-01 07:09]

Office space in core areas of China's big cities is getting more expensive. But instead of walking away, companies are paying up, topping expectations in China's commercial property sector in an overall weak real estate market.

Second-tier cities struggle to find office tenants

[2014-08-01 07:09]

The 24-story Seaside Building on Lujiang Avenue in Xiamen's downtown area is attracting few tenants. A total of 10 floors are unoccupied, with four still being completed.

MIIT announces new capacity-cutting plan

[2014-08-01 07:09]

China unveiled a detailed overcapacity replacement policy on Thursday that will promote cuts in the iron and steel, electrolytic aluminum, cement and glass industries.

What's news

[2014-08-01 07:09]

IMF says Chinese economy on course for 7.5 percent growth

Kela's changes aim to make a sparkle

[2014-08-01 07:09]

After seven years of rapid growth, which made it China's largest online jewelry retailer, Kela Co Ltd is aiming this year to become more upmarket and professional.

Shoppers use online and offline resources

[2014-08-01 07:09]

Today's Chinese online shoppers prefer to turn to both online channels and offline channels for product information when shopping online, according to Nielsen's recent Online Shopping Behavior Research Report.

Courier services delivering boost to rail sector

[2014-08-01 07:09]

The first special trains for e-commerce freight delivery services between Shanghai and Beijing will start running on Friday, marking the initial step of opening up rail services to commercial clients, China Railway Corp said Thursday.

Alibaba's stake in Snapchat may buoy mobile portfolio

[2014-08-01 07:09]

China's e-commerce giant Alibaba Group Holding Ltd is reportedly in talks to provide funding to US messaging company Snapchat, further adding to the Hangzhou-based company's string of investments in American companies leading up to its IPO debut in the United States.

Easier securitization process coming soon

[2014-08-01 07:09]

The China Securities Regulatory Commission will streamline procedures for the issue of asset-backed securities by brokerage firms, the National Business News reported on Thursday.

Mining fund has its eye on 'blue sky' enterprises

[2014-08-01 07:09]

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 turns to loss; online business revenue climbs 51%

[2014-08-01 07:09]

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.

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