Mastercard, CDRF push for financial literacy goal

China Development Research Foundation has collaborated with global payment company Mastercard to promote financial literacy and entrepreneurial skills in China through the CDRF's "Win the Future" initiative.

Tencent rallies forces of online charity

Internet giant Tencent Holdings Ltd launched its second internet charity day and is expected to donate the money it raised from Wednesday to Friday of up to around 200 million yuan ($30 million).

Tetra Pak plans to boost green power

Tetra Pak, the Swedish food processing and packaging giant, recently committed itself to increase its use of renewable electricity from 20 percent to 100 percent across all of its global operations by 2030. One of Tetra Pak's packaging plants in China has been playing a leading role in reaching this ambitious goal for seven years - thanks to the rapid development of two dairy companies, Yili and Mengniu, in Inner Mongolia autonomous region.

IN BRIEF (Page 18)

Big Mac may go cold as Yum snags Alibaba deal

KFC's partnership with an Alibaba affiliate puts the pressure on the Golden Arches in China more than ever.

Yingkou mulls European bids

Shanghai-listed Yingkou Port Co Ltd is moving to invest in European transportation companies and is determined to seek a bigger share in the China-European Union logistics market, its chairman said.

China shares up on fund talk

Chinese shares rose in afternoon trading, with consumer and industrial stocks leading the advance, amid speculation that State-run funds intervened in both the equity and currency markets.

Xinjiang electric supplier follows Belt and Road

Tebian Electric Apparatus Stock Co Ltd, China's leading energy equipment producer, announced that construction of the iconic Angola backbone grid is to wind up in less than 10 months, helping the firm tap the prosperous international market in Central Asia and Africa.

CBRC pushes green finance

China's banking regulator has devoted great efforts to building a green credit policy system, leading banking institutions to support the development of an economy that is green, low carbon, and circular - meaning that it is designed to restore and regenerate resources.

HK shares climb most in a month

Hong Kong's benchmark equity index climbed the most in a month, with speculation that the US Federal Reserve may rethink any immediate plans to raise borrowing costs adding to optimism spurred by increasing property sales.

PSA eyes new start in Chengdu

PSA Group, caught in a China sales slump despite an expanding market, will inaugurate a seventh factory in the world's biggest car market this week, focused on producing sport utility and multipurpose vehicles for its Peugeot and Citroen brands.

TV makers pin hopes on AR tech

Television manufacturers' application of augmented reality technology into TVs is regarded as an attempt to seek new industry growth, however it remains to be seen whether this will be accepted by the market, industry experts said.