Restaurants' growth accelerates as mass-market outlets thrive

The catering industry's fortunes took a turn for the better last year, driven by strong demand for restaurants targeting mass consumers, according to an industry survey.

LED leader reaps IPO riches

Sun Qinghuan, chairman of MLS Co, China's biggest producer of light-emitting diodes, is poised to become a billionaire with an initial public offering.

Wanda eyes more M&A deals this year

Wang Jianlin, the self-made Chinese billionaire who made his fortune by building shopping malls, is actively diversifying his assets through global mergers and acquisitions.

Auto sales climb 10% in January on demand for SUVs and minivans

China's auto sales rose 10 percent in January, led by demand for sport utility vehicles and minivans as consumers continued to favor more spacious rides over conventional sedans.

In Shanghai, investors have a different option

Trading of stock options made its long-awaited debut on the Shanghai Stock Exchange on Monday, allowing investors more ways to hedge risks and make profits.

Regulator loosens grip on new listings

China is expected to take a significant step in its capital market reform after the market regulator decided to relinquish control over new listings and transfer them to the Shanghai and Shenzhen bourses.

Major shakeup of second-tier staff at PBOC

The People's Bank of China is set to lose three of its four deputy governors as personnel change sweeps through the central bank's second tier.

Qualcomm may face huge fines

The National Development and Reform Commission is likely to complete its 14-month antitrust violation investigation into Qualcomm Inc, the world's biggest chipmaker and release its findings soon.

Getting medicine right for long-term growth

Export tax rebates will sharpen competitive advantage of health product companies in overseas markets, reports Wang Wen. Wang Wen

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Guangdong growth falters in 2014

Guangdong province, the longtime economic and export powerhouse of South China, expects foreign trade to grow by 3 percent in 2015, after it registered a negative year-on-year growth for 2014, according to a government work report on Monday.