Pfizer Inc, the United States-based pharmaceutical company, has been fined 100,000 yuan ($15,570) by Shanghai's market supervision authorities for paying four drugstore chains to recommend its market-leading erectile dysfunction drug, Viagra.
Pernod Ricard SA, the world's second-largest distiller, said a recent improvement in the Chinese spirits market is unlikely to last as the company reported full-year profit slightly below analysts' estimates.
Shanghai Jahwa Group, China's leading cosmetics company, has launched its first flagship store online, announced plans to roll out new personal care products and rebranded its logo.
Intel Corp has poured more than $60 million into Yuneec International Co, a Shanghai-based drone and aerospace company, as a broad range of technology companies investigate the possible commercial uses of unmanned aircraft.
Lenovo Group Ltd says it is banking on its newly purchased Motorola unit to lead the group's entire smartphone business.
Shaxian Delicacies, a brand under the Shaxian Snacks Group Co, is banking on its agreement with the Bangkok-based Chia Tai Group Co Ltd for sustained growth.
Images four times as clear and sharp as those found in homes in the US
Port integration moves have gathered momentum in Zhejiang province with a key facility extending the suspension of trading in its shares in Shanghai on Tuesday, sources said on Wednesday.
Wang Yong has dedicated himself to saving energy for the past 17 years since arriving in Beijing in 1998. Now, his mobile app VV Carpool, which was launched last year, has helped him achieve his dream of protecting the environment by cutting down on harmful green house gas emissions.
Mildred Mtola's determination to succeed at school had been plagued by a lack of facilities in a rundown neighborhood.
Nutritious Meal program is playing a major role in rural area schools
The People's Bank of China's decision to cut the reserve requirement ratio and the benchmark interest rates will encourage more homebuyers to buy bigger, newer homes and help developers reduce inventories in the first-and-second-tier cities, sources said on Wednesday.
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Raymond Zhou
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Chen Weihua
