A surge in passenger traffic drove the high-speed rail route from Beijing to Shanghai into the black for the first time in 2014, its third year of operation, the official Xinhua News Agency reported on Monday.
China will cut retail prices of gasoline by 365 yuan ($58) per ton, or 0.27 yuan per liter, and for diesel by 350 yuan per ton, or 0.3 yuan per liter, from Tuesday because of falling international oil prices, the central government's economic planning agency said on Monday, the latest in a string of cuts that started in July 2014.
Guangdong Zhenrong Energy Co, a major Chinese bulk commodity trader, expects the country's "One Belt One Road" strategy to help boost its overseas investments, which in its case includes a planned massive oil refinery in Myanmar.
Dalian Wanda Group, China's biggest commercial real estate conglomerate, said on Monday it is investing $1 billion in a prime property development close to Sydney Harbour, its second large investment in Australia.
Analysts believe the operating system will dominate global mobile phone market
On most iPhones sold around the world, there is a thin line of production information embossed on the lower back that reads: "Designed by Apple in California. Assembled in China."
A multi-million takeover underlines the massive growth market in education
Three main systems emerge as market leaders in China
With tree-clad coast, an amenable city government and clean air, Dalian stands out from most cities in China
A powerful Chinese consumer class was born 30 years ago and that group is now poised to dominate the global economy. China is now home to the fastest growing middle class the world has ever seen and a rapidly expanding group of wealthy and super-wealthy consumers, creating a new class of Super Consumers, the likes of which the world has not seen since post-war America and the baby boomers. China's Super Consumers will introduce readers to the "China Global Demographic" and the importance of catering to it as well as "The China Market."
The book helps you tackle a core challenge of every business - creating compelling products and services customers want to buy. This practical book, paired with its online companion, will teach you the processes and tools you need to succeed.
In 20 years, the experience of driving a car could be a lot like riding on a plane. There won't be any need to look at the road, as "self-driving" vehicles usher you to the office while you scroll through your iPad.
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Raymond Zhou
Op Rana
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Chen Weihua
