The nation's passenger vehicle sales surged 19.4 percent year-on-year in June, much higher than 9.5 percent from the January-June period, the China Passenger Car Association announced on Friday.
Chongqing Lifan Group has rolled out an ambitious plan to build the world's biggest car-sharing rental company next year.
China has introduced a tougher regulation to take a firmer grip on the country's internet advertising industry following the death of a college student, who sought treatment for his disease on online search giant Baidu Inc.
In cyberspace, one emoji sometimes trumps all the words.
Temasek Holdings Pte is remodeling its investment portfolio in China by looking for more opportunities in innovation-related businesses.
China's top securities watchdog on Friday initiated the compulsory process todelist an electric equipment manufacturer, for fabricating financial information in its application for an initial public offering.
China's box office saw a quarterly decline for the first time in more than five years, though industry watchers said it was indicative of a changing market and that growth will likely resume for the rest of the year.
China means what it says. Thus when Foreign Minister Wang Yi asked the United States on Wednesday to "speak and act cautiously, and take no actions that harm China's sovereignty and security interests", Washington should take it seriously.
Local residents who have suffered losses as a result of heavy rainfall in southern China have to rely on spontaneous mutual assistance, the government's disaster relief support and non-governmental donations to make up for their enormous losses.
SO FAR, 186 people have died and 45 people are missing in the floods in 26 provinces, autonomous regions and municipalities. The direct economic losses from the floods that have affected some 33 million people are estimated to be about 50.6 billion yuan ($8 billion). Changes in land use, in particular the reduction of wetlands, due to social and economic development needs, have increased the severity of the floods. China Business News commented on Thursday:
FORMER UK prime minister Tony Blair was heavily criticized in the official report of the inquiry into the 2003 Iraq War, which said his government overstated the threat posed by the then Iraqi leader Saddam Hussein, sent ill-prepared troops into battle and had "wholly inadequate" plans for the aftermath. Global Times commented on Thursday:
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