Yang cedes more power to Lanci at Lenovo

Yang Yuanqing, chairman and chief executive of Lenovo Group Ltd, is delegating more power to his right-hand man after the world's largest personal computer maker completed two major acquisitions and is on the prowl for more.

Growth confidence declining among Chinesem anagers

Chief executive officers have less confidence in growth prospects for their businesses amid China's economic restructuring, even as most of them continued to remain bullish on the size and strength of the Chinese economy, a survey said on Tuesday.

Internet trio set for clash in auto market

The automobile industry has officially become the latest battleground for China's three Internet giants after Tencent Holdings Ltd announced a foray into smart cars.

Costs cloud efforts to achieve cleaner coal

Research can help fight pollution, but firms need clear standards, reports Du Juan.

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Governments and policies

Quotes of the day

Macao will ease reliance on casinos

The Macao Special Administrative Region slashed its monthly gambling revenue forecast 27 percent, as the city's chief executive pledged a five-year plan to make the world's largest gaming hub less dependent on casinos.

Sugon banks on the cloud for expansion

Security concerns help company challenge the dominance of foreign software providers

University's deal spree exposes Zhao as chip billionaire

The man spearheading China's government-sponsored drive to buy foreign chip technology has revealed himself as a billionaire in the process.

Stocks enjoy ninth day of rises

Hopes for additional financial reforms maintain momentum

Reinvention is secret of Sanhua's success

Valve producer engineers plans for expansion overseas, reports Cai Xiao in Xinchang, Zhejiang.

Spain takes pains to lure more tourists from China

It is not customary in Spain to have white rice for breakfast, but the grain is now on the menu of buffets at five-star hotels, as more Chinese tourists vacation in the Mediterranean country.