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BAIC marks major milestone as millionth vehicle rolls out

[2016-09-03 08:19]

About five years after producing its first model in 2011, BAIC, the Beijing-based automaker, is in the period of reinventing itself with the rollout of its one-millionth vehicle from the production line this month.

Capital to become major data hub

[2016-09-03 08:19]

Beijing will become China's big data and cloud computing innovation center by 2020. To accomplish this, the local authorities said the city will complete related development projects and cultivate more than 500 firms in the sector.

Automated recycling machine pays people and is winning foreign orders

[2016-09-03 08:19]

An automatic recycling machine in a Beijing supermarket allows people to deposit used plastic bottles and get paid through their smartphones.

Capital awash with events

[2016-09-03 08:19]

The center of China's culture, history and economy, Beijing is always bursting with creativity and vitality when it comes to live shows.

Celebrating a traditional art form

[2016-09-03 08:19]

Red carpets, sensual choreography, powerful music, gorgeous costumes and impressive visual effects created a visual feast at a Peking Opera performance on a recent weekend in Beijing's Central Business District.

Argentine director to showcase flair

[2016-09-03 08:19]

A giant circle is drawn on a sloping stage, with signs of various shapes and sizes in it.

Shanghai Electric Power bids on Pakistani utility

[2016-09-02 09:05]

Shanghai Electric Power Co Ltd, a Shanghai-listed power supplier, said it intends to acquire a majority stake in K-Electric Ltd, a Pakistan power utility, from a Dubai-based investor, according to its filing to the Pakistan Stock Exchange on Tuesday.

Sany expands machinery sales overseas

[2016-09-02 09:05]

China's Belt and Road Initiative offers promising opportunities for Sany Group to expand its global market, said president of Sany, the largest machinery manufacturer by revenue in China.

Youku Tudou invests big in online streaming shows

[2016-09-02 09:05]

Online video site Youku Tudou Inc has announced that it will invest 2 billion yuan ($299.5 million), including cash and other resources, in live video programs in the next three years, betting big on China's already crowded live streaming market.

Lufthansa, Air China said to finalize venture this month

[2016-09-02 09:05]

Deutsche Lufthansa AG and Air China Ltd plan to finalize a joint venture this month, sealing a deal to share revenue and coordinate routes after more than two years of negotiations, people familiar with the matter said.

China to help cultivate green financing sector

[2016-09-02 09:05]

China will establish a green financing mechanism to facilitate the economy's transition to sustainable growth, becoming the first country worldwide to make such a move.

Samsonite sees Tumi sales doubling

[2016-09-02 09:05]

Samsonite International SA said it expects its luxury travel products brand, Tumi Holdings Inc, to double sales to $1 billion as the world's biggest luggage maker pushes the newly-acquired company into the global market with new, lightweight products.

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