The government of Chizhou in Anhui province signed an agreement on Monday with Shenzhen Water Group Co to give the company control of the city's sewage treatment plants and its sewer system - a deal which marks a significant shift in how the city's public utilities might be run in the future.
Xiaomi Corp is working on a water purifier as it expands its range of home products that can be controlled through the Internet, according to an early investor in the company.
China will relax restrictions on banks' yuan trading from next year, in a small but significant move toward relaxing its capital controls.
The government will give subsidies for new energy "green" vehicles until 2020, according to draft rules published on Tuesday, extending the current incentive scheme, which expires at the end of 2015.
A liquefied natural gas ship named Methane Rita Andrea carrying 60,000 metric tons of the clean fuel from Queensland, Australia will arrive at China's receiving terminal in Tianjin in around nine days - a shipment that is expected to help further improve the country's energy consumption structure.
Toyota Motor Corp is likely to miss its 2014 objective of selling more than 1.1 million vehicles in China because of a faster-than-anticipated economic slowdown and a price war in the local auto market.
Foreign automakers in China may struggle to dictate sales targets in the future after dealers complained to the government that inflexible targets set during a market boom obliged them to buy too much stock and bear the brunt of a drop in demand.
The value of trust funds established in the fourth quarter contracted 25 percent year-on-year to 223.7 billion yuan ($36.1 billion), the first year-on-year decrease since 2008.
Bank of China Ltd will accelerate the implementation of its strategies to promote the New Silk Road Economic Belt and the 21st Century Maritime Silk Road initiatives next year.
The Chinese mainland's gold purchases from Hong Kong in 2015 may hold around this year's levels as physical demand in the world's biggest consumer remains stable and the country considers easing restrictions on imports.
Johnson & Johnson, the US pharmaceuticals, medical devices and consumer products giant, said it has had another accomplished year for its corporate social responsibility activities in China.
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Raymond Zhou
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Chen Weihua
