Joint venture with CMC will develop local language movies
Shanxi province, China's coal hub in the north, has charted a plan to replace "dirty" coal with cleaner energy sources like solar power due to the steep fall in commodity prices and the government's determination to reduce carbon emissions.
Emerging markets have become the new strategic markets for solar firms after trade prospects in the European Union soured due to recent anti-dumping investigations against solar products from China, top executives of a leading solar firm said.
In the busy shopping area of Solana in Beijing's Chaoyang district, young women and men dressed in the latest fashion wander around the mix of foreign clothing stores carrying their latest purchases.
Royal DSM NV plans to cut as many as 1,100 jobs as a market slowdown prompts Chief Executive Officer Feike Sijbesma to cut costs at the Dutch maker of nutritional products, only months before he will update investors on his strategy for the nutrition division.
China Merchants unit planning more power generation projects to offset slowdown
At least 123 people were killed after a massive explosion ripped through a chemical storage facility in Tianjin port earlier this month. Now residents want to know went wrong
China's manufacturing is going through a new phase in which technology will play a crucial role.
Massive insurance claims are expected to cause a significant impact on the domestic economy following the Tianjin chemical explosion two weeks ago.
The depreciation of the Chinese yuan by around 3 percent against the United States dollar has underscored the pressure on the country's economy. It has also highlighted the commitment by authorities to market-oriented reform.
Swedish furniture retailer Ikea has set its sights on China's vast northwestern market and is looking to cash in on the growing opportunities from the nation's Belt and Road Initiative.
Ping An Insurance (Group) Co, China's second-largest insurer, is boosting overseas assets as the nation's slowing economy and falling interest rates make it difficult to find investments with attractive returns at home.
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