Airbnb Inc is in talks to acquire Xiaozhu.com to expand in China's home rental sharing market, according to a person familiar with the matter.
The newly released 2016 Green Aviation White Paper, the first of its kind in China that embraces the concepts of green innovation, green manufacturing, green operation, green community and green touring, is believed to help accelerate the global green revolution for a better Earth.
From a climbing robot named "Spiderman" to an improved biomimetic solar panel inspired by a smoggy day and a 3D print model of an assembling department for elderly people, 18 teams brought their projects to compete for the top 12 spots in the final innovation contest at the China Science and Technology Museum recently.
The Chinese Academy of Social Science said that its latest study showed that social responsibility is becoming a core value and a feature of the sustainable development policies of Chinese companies that are increasingly going global.
Anheuser-Busch InBev SA/NV, the world's biggest brewer by sales, opened, in Beijing's Sanlitun area, its first temporary demonstration center to promote healthy and smart drinking habits as China's beer market undergoes a new boom.
The United Kingdom has unexpectedly emerged as a popular travel destination among Chinese tourists, especially in the second half of the year, industry experts said.
The rapid growth of China's outbound tourism in recent years has given a boost to many ancillary businesses like visa application processing agencies, tourist information services, photo studios, photo-copy centers and cloakrooms near embassies.
Recent yuan depreciation has not dampened Chinese tourists' enthusiasm for outbound trips, but has changed what they do abroad significantly. Now, instead of going on shopping sprees, they savor their leisurely hours.
China Great Wall Asset Management Corporation will start preparatory work for an initial public offering in the mainland and Hong Kong next year.
Shaanxi J&R Optimum Energy Co Ltd is setting its sights beyond its main business of making firefighting equipment, betting that it can achieve strong earnings in the new-energy vehicle industry.
Billionaire Wang Jianlin's Dalian Wanda Group Co is in takeover talks with several candidates to be the conglomerate's vehicle to list its property unit, according to people familiar with the matter.
It took one year for China Eastern Air Holding Co to transform from a debt-laden group to a profit-making one.
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