China Mobile Communications Corp, the nation's largest telecom carrier, said on Thursday that it was implementing salary cuts for its top brass, amid mounting pressure to provide better services at lower prices.
Global payment service firms are eyeing huge growth opportunities as a record number of Chinese students are planning to go abroad for higher studies, an industry report said.
Postal Savings Bank of China Co Ltd is accelerating the process of introducing strategic investors to the bank, its vice-president Xu Xueming said on Thursday.
Despite the flat GDP growth seen in the second quarter, there was a visible improvement in the overall economy, especially at local levels.
The industrial sector still faces "considerable downward pressure" and some industries are facing "increasing difficulties", the Ministry of Industry and Information Technology said on Wednesday.
China's northeastern rustbelt is expected to see a more rapid transition, with State-owned enterprise reform and manufacturing upgrading providing the uptick for growth in the region, economists said on Wednesday.
Company expects expansion in individual account transfers and online B2B services
Hundreds of China's textile and apparel makers helped kick off the International Apparel Sourcing Show on Tuesday in New York. A record number of Chinese companies are participating - up 30 percent from last year - as they look to establish new niche markets in the United States.
Huawei Technologies Co Ltd more than doubled its China smartphone revenue in the first half of 2015, defying a slowdown in the world's biggest handset market that is enveloping rivals Xiaomi Corp and Samsung Electronics Co Ltd.
Toyota Motor Corp is likely to delay building its premium Lexus brand in China for at least a few years, as growth in China's auto market slows to a crawl and a weak yen makes it cheaper to keep making cars in Japan.
Using big data for precision marketing and offering personalized customer services will be the way forward for companies in China's highly competitive e-commerce industry, according to Yu Gang, former chairman of online retailer Yihaodian.com.
45 agencies carried out about 92 projects in 40 countries in 2013 China's charitable foundations have been carrying out more work overseas as well as at home, according to new research from a leading service platform for the sector.
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