Alibaba Group Holding Ltd reported a 45 percent increase in fiscal fourth-quarter revenue as China's biggest e-commerce company capitalized on the Lunar New Year holiday shopping season.
Work on the new office of the BRICS New Development Bank, set up by Brazil, Russia, India, China and South Africa, is fast nearing completion in Lujiazui, the financial district of Shanghai and is expected to start operations this month.
China's proven reserves of natural gas are a much better choice than its oil reserves for ensuring adequate energy supplies in the long term, the Ministry of Land and Resources said on Wednesday.
As China adjusts its economic structure, there is a risk that the nation's GDP growth will fall below 6.5 percent at times during 2015, a report by the International Monetary Fund has said.
The crowded smartphone market in China is about to add another heavyweight player with industry experts anticipating further price wars among the key players.
China National Nuclear Corp, one of the country's three State-owned nuclear power developers, said on Wednesday that the pilot unit of the planned Fuqing nuclear power plant will be completed by July 2020.
An upgrading of China's official fleet has provided a significant boost to previously sluggish sector, reports Shi Jing in Shanghai.
The nation's anti-corruption campaign and drive to track down economic fugitives and corrupt officials may help banks crack down on money laundering, analysts said.
When it comes to business reporting, what I would really like is to read something fresh, something that will give me new insights into China and how it works.
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