Real estate giant China Vanke Co Ltd is accusing its largest shareholder Baoneng Group of illegal acts and insufficient disclosure of stock ownership moves, warning of an upsurge in the battle for control of the company.
Goodbaby Group said it will open more baby-care stores, amid booming demand driven by parents' strong willingness to trade up to better products.
Hong Kong's dual-listed stocks traded at the narrowest discount to their Chinese mainland counterparts since October as cheaper valuations in the city lured investors.
After helping make Tencent Holdings one of the top internet companies in China, Chen Yidan, one of the founders of the Shenzhen-based web giant, has begun a new journey to create and develop the biggest education prize in the world.
Harbin Beer launched the second year of the "Blue Sky Plan 2.0'" environmental campaign by partnering with Zhejiang Zhefeng Sciences and Technology Co, a green technology supplier. They plan to install more of the latter's billboards with advanced air purification functions in Harbin to cut pollution caused by heavy traffic and manufacturing activities. Though they look like ordinary billboards, they will be able to purify up to 99.7 percent of the haze in certain areas.
A study conducted by Shanghai's Hurun Research Institute has identified 51 individuals of Chinese origin who have donated 500 million yuan ($80 million) or more during their lifetime to good causes, five more than it found last year.
Nanjing-based Estun Automation expands its robot-building and research capacity
Editor's note: In this second and final part of the series on the Yangtze River Delta region, China Daily captures the impact of an ambitious plan for a cluster of 26 cities on the local business scene in Nanjing and Hangzhou. From robotics to medical devices, from cross-border e-commerce to retail, the region's businesses, whether big or startups, are trailing a blaze in their respective niches. The first part on Tuesday focused on Shanghai and Hefei.
If Hangzhou boasts headquarters of new economy stars Alibaba and JollyChic, Nanjing is home to Suning Commerce Group, the country's third largest retail player and a well-known e-commerce name.
Hangzhou's claim to recent fame may be its status as the headquarters of e-commerce giants Alibaba and JollyChic, but the capital of Zhejiang province is fast developing into a springboard for new-age startups.
German firm says infrastructure, industry offer greatest opportunities in the Chinese market
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