Tesla cuts annual sales targets after struggle to maintain steady flow of parts

Shares in Tesla Motors Inc fell in extended trading after the electric-car manufacturer cut its full-year vehicle sales forecast.

Shaanxi software company set to expand abroad

Shiwen Software Co Ltd, the Shaanxi province-based oil exploration software firm, has revealed good progress in plans to expand overseas into areas linked with the Belt and Road Initiative.

PetroChina offers incentives

Firm plans flexible gas prices, year-round supplies to boost sales

Renrendai disbursals in Q2 hit $1.4 billion

Renrendai.com, China's leading peer-to-peer lending company, had total transactions worth 9 billion yuan ($1.4 billion) by the end of the second quarter, and they could reach 15 billion by the end of this year, according to its half-year report.

Trip-of-a-lifetime for 30 rural kids

A week in Beijing will hopefully lead to better opportunities for a group of underprivileged students

Licai achieves huge success in first six months

How long does it take for a new company to emerge in China's already fiercely competitive peer-to-peer Internet finance sector? The answer is six months, as long as it has solid resources beyond cyberspace.

NDRC plans steps to bolster bond market

The National Development and Reform Commission, the nation's top economic planner, said on Wednesday that it will come out with more initiatives to develop the debt market, particularly to boost funding for infrastructure projects and stabilize the overall economy.

IN BRIEF (Page 18)

PBOC to continue prudent monetary policy

Central bank may consider more easing measures to ensure adequate liquidity

Hebei Iron, Tewoo eye Fortescue stake

Two State-owned Chinese companies are looking to take a stake in a leading Australian miner.

Chinese carriers beat oil slump

Decision to stop 'hedging' on fuel prices proves winning formula for airlines

Weak China sales may force BMW to revise full-year profit targets

Bayerische Motoren Werke AG said slowing sales in China may force it to revise this year's profitability goals, challenging new Chief Executive Officer Harald Krueger as he seeks to defend his lead in the global luxury car industry.