A new round of resources tax reform, starting from July, may lead to a heavier tax burden, but it will have long-lasting benefits to society and help ensure resource sustainability, experts said Tuesday.
Baker & McKenzie LLP, the world's biggest law firm by revenue, said it has been making progress in its joint operation with local Chinese law firm FenXun Partners, a move to expand its presence in the "brutally competitive" legal service market in China.
Sale of stock in a unit, combined with other moves, to fund Syngenta buy
Alibaba Group Holding Ltd is gearing up to open up its information security technologies to other e-commerce players, as the online shopping giant sees the industry-wide data security market as the cornerstone for it to reach its goal of selling 6 trillion yuan ($896.8 billion) of goods on all its platforms in 2020.
Panda bond issuance surged to 29 billion yuan ($4.33 billion) in the year to date in 2016, compared with 12 billion yuan in all of 2015, said a JPMorgan Chase & Co report.
Steps to be taken to tackle pollution from heavy use of aircraft as industry expands
Apple Inc has donated 7 million yuan ($1 million) to the China Foundation for Poverty Alleviation, lending a hand to the flood relief efforts being made in Southern China.
DHL Sinotrans International Air Courier Ltd, a major express service provider in China, recently set up a foundation dedicated to improving the educational opportunities for students in the country's underdeveloped regions.
The Walt Disney Company announced a $3.1 million donation to fund Disney-themed play spaces and therapeutic play activities at children's hospitals across China.
The merger of two major State-owned travel companies will create China's largest tourism group. The new merged company is expected to better strengthen resources and services.
Huawei Technologies Co Ltd's intensified efforts to safeguard its patents highlight the Chinese tech giant's desire to crack the US market, which the Shenzhen-based company must conquer to fulfill its ambition to be the world's biggest smartphone vendor, experts said.
The cooperation between Wal-Mart Stores Inc and JD.com Inc will not affect the American multinational retailer's plan for bricks-and-mortar stores in China, but the flagship internet store of Sam's Club China will be opened on JD in a few months.
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Raymond Zhou
Op Rana
Berlin Fang
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Huang Xiangyang
Chen Weihua
