The fifth and sixth units of the Fuqing nuclear power plant, which uses the Hualong One reactor design, known as the third-generation nuclear technology, got the green light from the National Development and Reform Commission on Wednesday, signaling one step closer to the export of Chinese nuclear technology, industry sources said.
Intel Corp said on Wednesday that it will invest 120 million yuan ($19.3 million) to promote grass roots technology innovation in China amid deepening mistrust over information security between the United States and China.
Investors from the Chinese mainland for the first time on Wednesday used the entire 10.5 billion yuan ($1.69 billion) daily investment quota for buying Hong Kong stocks under the Shanghai-Hong Kong Stock Connect program.
Editor's note: An increasing number of Chinese companies are emerging on the world stage as they strive to establish their brands outside the country. This report, the seventh in the series, is by Zhao Lei.
The explosion that ripped through a chemical plant in Fujian province and sparked a major fire may cause paraxylene supply shortages and price hikes, an industry expert said on Tuesday.
Editor's note: An increasing number of Chinese companies are emerging on the world stage as they strive to establish their brands outside the country. This report, the sixth in the series, is by Wang Wen.
Unlike many of its peers, Tong Ren Tang has been exploring several new options such as e-commerce for sustained growth. The company plans to have 20 authorized online stores on various e-commerce platforms by June this year, according to company officials.
Baidu Inc's revenue stands to take a hit amid a standoff between the company, which is China's dominant search-engine operator, and a key advertiser - the nation's largest group of private hospitals.
Internet-based loan services have boomed in just the past two years, but the regulatory system has yet to catch up, reports Ed Zhang.
As one of the world's largest online financial markets, China is currently going through a quiet crisis: Many Internet-based money lenders are sinking, along with the funds they owe to their creditors.
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