More than half the subway trains running in Rio de Janeiro's metro system will be Chinese products after the city deploys 15 subway trains, with a total of 90 cars, on its newly built Line 4 on August 1, reported CRRC Changchun Railway Vehicles Co on Monday.
Otis Elevator (China) Investment Co Ltd said on Monday that it plans to expand its footprint in the elevator maintenance and service business in China, because that the sector was poised for higher growth than the new elevators and escalators market.
Gree Electric Appliances Inc, one of China's major air conditioner makers, has developed an ambitious plan to diversify its business to sustain its market growth in the near future, according to its president.
Chinese equities edged higher after swinging between gains and losses for much of the day, with an advance in consumer stocks helping offset losses by some energy companies.
Agricultural Bank of China Ltd, the country's third-biggest commercial lender by assets, will issue 3.06 billion yuan ($459 million) of securities backed by nonperforming loans in the interbank bond market on Friday.
In sharp contrast to North America, where the film Warcraft got a bad rap, and Europe, where it was branded a box office failure, the film turned out to be a blockbuster in China.
Chinese online travel agency Tuniu is taking on rivals Ctrip and Qunar for a bigger share of the country's online tourism market by expanding its services to flight and hotel bookings.
How often is acupuncture applied in pain treatment? How effective is traditional Chinese medicine in infertility treatment? Such questions were passed by doctors from Hanover Medical School to a delegation of TCM experts from China earlier this month.
Stocks as well as business operations of A-share companies across industries are feeling the impact of renminbi's weakness against the US dollar and other major currencies such as the euro.
Chinese banks are enhancing their comprehensive risk management and exploring securitization as a way to dispose of nonperforming loans from their balance sheets.
Finding the right person to lend a hand around the home can be a chore and a half
The central government has vowed to support the growth of non-profit volunteer service organizations (VSO) with financial and registration assistance. To encourage more VSOs to register, local authorities were asked to review their requirements, in terms of registered capital, full-time employee numbers and work place, according to a joint guideline issued by eight government departments Monday.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
