Shaanxi province, at the start of the ancient Silk Road in northwestern China, has been attracting billions of dollars worth of new investment, much of which is from South Korea, which top officials say is largely down to the country's pivotal role in the Belt and Road Initiative.
Sumavision Technologies Co Ltd, China's leading provider of video delivery, has invested $300,000 in France's VideoStitch, which is engaged in offering virtual reality video production solutions.
Anji Automotive Logistics Co, a unit of China's largest carmaker SAIC Motor Corp, has picked banks for an initial public offering that could raise at least $500 million, people with knowledge of the matter said.
Chinese mainland stocks on Wednesday declined to their lowest level in two months, amid weak investor sentiment about prospects for the Chinese economy.
More than 2,000 Chinese sturgeon, a protected and precious species of fish, have been released into waters at the upper reaches of the Yangtze River in Yichang, Hubei province, to improve the river's ecological system.
On April 29, together with London-headquartered Plan International, one of the world's largest child-centered humanitarian development organizations, AkzoNobel announced the Youth Employment Solution for You Project. It will help 800 vulnerable young people, aged 16 to 29 in and around Chengdu, to gain certain skill sets for them to hold down a stable job.
Bridgewater Associates, the world's largest hedge fund with around $150 billion in assets under management, has set up an investment management unit in Shanghai, according to a Chinese government website filing, signalling that the firm is looking to expand its bets on China.
Chinese mainland stocks traded in Hong Kong rose the most in a month, with commodity producers gaining as oil prices climbed and President Xi Jinping vowed to press ahead with plans to cut capacity at State-owned enterprises.
The Shanghai and Shenzhen stock exchanges will publish new rules on trading halts as early as next week, the China Securities Journal reported, a move that would increase the chances of the country's stocks being included in the global MSCI trading indexes, widely used as benchmarks for foreign share portfolio performances.
Hip-hop dancers, military marchers and daredevils in winged suits are bringing China's internet titans into the world of virtual reality.
General Electric Healthcare Co, a leader in the high-end medical devices market, said it is bullish on the long-term growth of the biopharmaceutical market in China, and the market for biological medicine and devices is expected to grow significantly.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
