Inner Mongolia Baotou Steel Rare-Earth (Group) Hi-Tech Co, China's largest rare earth miner normally abbreviated to REHT, raked in 3.2 billion yuan ($500.1 million) in revenue during the first half of the year, a 35 percent year-on-year increase, according to its latest financial report.
China's film industry continued to prosper during the first half of the year, driven by a continued expansion in the number of cinemas and the growing popularity of going out to watch a movie.
China Gezhouba Group Co Ltd, the construction giant which built the Three Gorges Dam, signed contracts worth 144.7 billion yuan ($22.6 billion) during the first half of the year, officials revealed on Monday.
The authorities have detained four executives from China's largest brokerage, CITIC Securities Co, a staff member of the China Securities Regulatory Commission, and a journalist from business magazine Caijing, in the latest moves to crack down on stock market violations.
The recent decision to depreciate the yuan by the People's Bank of China, or central bank, caught many people by surprise. This triggered speculation that all was not well with China's economy.
A few years ago, they were not as big as telecom-equipment provider Huawei Technologies Co and Internet giant Tencent Holdings Ltd, which had already helped build Shenzhen into a global player driven by innovation.
Ken Hu, global rotating chief executive of Huawei Technologies Co Ltd, one of the world's major telecom equipment providers, attributed the company's growing presence in the global market to its consistent investment in research and development over the years.
The letters "DJI" stir both pride and regret among Hong Kong's technology community.
"Government funding is always part of the seed money that innovators need to start their R&D, and it encourages and attracts funding and investment from the private sector."
Despite the golden sunshine and the allure of world-renowned research institutes, Winnie Lun did not want to stay on in California. After spending 30 years in the United States, Lun decided to return to Hong Kong, her home city, lured by the abundant government grants that would help fast track the growth of her biotech company.
Ye Dagang has his own definitions of starting up a business - one is to establish a company with real business, the other is to invest in startup companies through equity-based crowd-funding.
Think of her as a young elegant lady and him as an older, intellectual gentleman. The woman in question is Hangzhou, in Zhejiang province, and the man is Nanjing, in Jiangsu.
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