Medical stocks reel amid calls for ban on controversial treatment

Calls by the National Health and Family Planning Commission, at its conference on Wednesday, for a halt to cellular immunotherapy as a treatment for cancer had a negative impact on more than 20 related listed medical companies.

CBN gets nod as 4th telecom operator

The Ministry of Industry and Information Technology on Thursday issued a telecom license to China Broadcasting Network Ltd, making it the nation's fourth telecom operator.

Air con giant Carrier to raise R&D activities

Carrier Corp, a US air conditioners, heating and refrigeration giant, plans to expand its research and development efforts in China, as it strives to make the country one of the mainstays of its global R&D operations.

US to sell pork to Chinese via Alibaba platforms

The US pork industry is teaming up with Alibaba Group Holding Ltd to pitch more of its products to online shoppers in China.

Anbang still seeks growth despite setback

Anbang Insurance Group, a little-known Chinese insurer several years ago, has transformed itself into a formidable player both at home and abroad, as the group's net profit and total assets ballooned last year.

Refinery income helps Sinopec defy oil slump

Energy giant China Petroleum & Chemical Corp, better known as Sinopec, has defied global low oil and gas prices, as it saw a 206 percent surge in net profit due to its refining margins during the first quarter of the year.

Mainland stocks in HK fall to one-month low

Chinese mainland stocks in Hong Kong fell to a one-month low as commodity prices declined and doubts grew over the sustainability of a pickup in the economic indicators.

Alibaba helps rural kids learn English

Children in dozens of villages in Northwest China are able to learn authentic English from expatriate teachers just like their counterparts in big cities in the country, thanks to a distance education project launched by e-commerce giant Alibaba Group Holding Ltd.

Health and safety remain top of the menu for food firms

Some of China's top food enterprises and restaurants have been praised for making steady progress in the quality of their health and safety standards, supply chain management and contributions to corporate social responsibilities, according to the organizers of an annual industry award scheme.

MasterCard offers fillip to startups

Zhang Jian, in his 30s and the founder of a startup company focusing on urban freight logistics application, will see a chance provided by MasterCard Inc, the global giant in payment industry, to shorten its route to success.

IN BRIEF (Page 18)

Missile maker to offer $6.7b deals online

One of China's largest State-owned defense contractors will announce outsourcing deals worth tens of billions of yuan later this year, a move that is expected to benefit the country's private enterprises.