China National Offshore Oil Corporation, the country's largest offshore oil and gas producer, is forming a joint venture with a private company for deep-water oil exploitation and exploration, in what is being seen as a major step forward in its plans for a more mixed-ownership structure.
Most of the Japanese companies in China are willing to expand their operations, signaling improved business sentiment after a sharp contraction last year, a top Japanese trade official said on Wednesday.
Glass and ceramics maker Corning Inc said on Tuesday that it was open to new investments and acquisitions for growth, amid an economic slowdown in the world's second-largest market.
Low level of innovation is affecting the Chinese manufacturing industry's ability to grow from "big" to "strong", according to an industrial report released on Tuesday.
Call me old-fashioned - but I'm still one of those votaries of traditional manufacturing, yet to be swayed by the modern notion that 21st century economies are better fueled by a successful services industry.
The securities regulator is likely to intensify its crackdown on unregulated equity and commodities exchanges, after a 40 billion yuan ($6.25 billion) asset default at a rare metals exchange triggered widespread protests from investors.
Yantai Changyu Pioneer Wine Co Ltd, a leading Chinese wine producer, has stepped up its overseas moves with the acquisition of Marques del Atrio, a wine company in Spain.
LeTV Sports, the sports arm of China's biggest online video company LeTV Holdings Co Ltd, has snapped up the Hong Kong rights to the English Premier League soccer games for the next three years starting 2016, as part of its efforts to bring in new technology and securing a number of exclusive television properties.
Chinese OS gains in popularity as firms opt for home-grown software products
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