GE moves turbine jobs to Europe, China

General Electric Co said on Tuesday it will move 500 US power turbine manufacturing jobs to Europe and China because it can no longer access US Export-Import Bank financing after Congress allowed the agency's charter to lapse in June.

Nation's bankers switch to online startups

After enduring a two-year pay freeze at Bank of Communications Co and seeing his eight-year career as a credit-card risk manager in Shanghai stall, Zhu Jun headed for the exit. Like thousands of young Chinese, he quit his banking job to join a hot, new industry: Internet finance.

Tencent to start small loan service on WeChat

Internet giant Tencent Holdings Ltd is to launch a small loans service on its popular mobile messaging application WeChat, underscoring the company's ambition to expand its reach in the country's booming online finance sector.

Science students break down gender barriers

Female high school students in Shanghai are breaking down gender barriers and embracing scientific knowledge.

COMAC, Honeywell build learning centers

Two aerospace companies are helping school children from underprivileged backgrounds get a flying start in life.

E-firms to tackle eco problems

China's e-commerce industry is booming, but pursuing sustainable development and protecting the environment might take more than a click of a mouse.

IN BRIEF (Page 18)

Helicopter market 'booming'

Airbus Helicopters, a division of Airbus Group, is expecting to sell 60 aircraft to buyers on the Chinese mainland by the end of the year in a market which is "emerging and booming", according to its president in the country.

Chengdu Airlines' pilots to be first to fly ARJ21

Three pilots from Chengdu Airlines Co Ltd, the launch-client of the China-made ARJ21 regional airliner, are likely to be the first to gain licenses to fly the new planes commercially, the carrier said on Tuesday.

Shares slip on move against margin financing

Chinese equities fell sharply on Tuesday after the country's securities watchdog stepped up its crackdown on illegal margin financing by shutting down thousands of stock trading accounts.

Sales of new iPhones likely to top last year

Apple Inc is predicting initial sales of its new iPhones will top last year's opening-weekend record, thanks largely to demand in China.

Bourse for overseas Chinese firms opens

The Overseas Chinese Board, an equity trading center dealing in stocks of local companies promoted by overseas Chinese, was launched in Shantou, Guangdong province, on Tuesday.