The Qianmen branch of Sijiminfu, a roast duck restaurant with only 90 square meters of floor space in downtown Beijing, reported net profits of nearly 3 million yuan ($468,750) last year, an outstanding achievement. The restaurant's recipe for success is not spices or cooking methods, but a unique management philosophy that means key employees are included in a profit-sharing scheme.
Michael Koenig is set to lead State-owned chemicals company into a 'brighter future'
They may not have the bedside manner of the very best doctor, but the kind of apps that bring pizzas and taxis to your front door may now be in the process of revolutionizing the way medical care is delivered.
China COSCO Shipping Corp Ltd, now the world's largest bulk vessel and oil tanker operator by fleet size, is to deploy more resources to six new businesses, Chairman Xu Lirong said on Thursday.
Apple Inc launched its mobile payment service Apple Pay in the Chinese mainland on Thursday, pitting itself against strong domestic rivals.
Fast-food retailers McDonald's Corp and KFC are among the first group of merchants in the Chinese mainland to use Apple Pay, the smartphone-based payment system launched in the country, on Thursday.
Commercial banks in China are increasingly turning to data collected via mobile payment technology to assess future customer needs, according to the findings of a new study.
On Feb 7, I drove nearly 1,000 kilometers home so as not to miss the chance of spending the most important family reunion occasion of the year - Spring Festival, which started the following day - at my home village in the southwest of Henan province in Central China.
China has expressed its concern over a raid by Spanish law enforcement officers on the Madrid branch of Industrial and Commercial Bank of China Ltd as part of an investigation into alleged money laundering.
Closures are first in production base in more than five decades
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
