Startup looks to provide high-quality VR solutions

Jaunt Inc, a Californian virtual reality software startup, is aiming to shoot, produce and distribute high-quality VR content for the Chinese market.

State Grid Corp asks Brazil to speed up power line approval

State Grid Corp of China has asked the Brazilian government and regulators to speed up environmental licensing of a planned power line connecting to the Belo Monte dam in the Amazon forest, according to official documents and a source with direct knowledge of the matter.

P2P lending growth slows amid new compliance rules

The growth rate of China's peer-to-peer lending transaction volume dropped by nearly half in 2016, as the industry faced reshuffling amid a slew of compliance regulations.

Sogou plans to raise $5b in US offering

The head of China's third-biggest search engine Sogou said he expects his company to launch a US initial public offering with a valuation of as much as $5 billion - as it raises cash to close the gap with leader Baidu Inc in the mobile market.

Paper mills' share prices rise

Stocks of Chinese major paper mills continued to rise on Wednesday, as analysts remarked about the good prospects for the industry.

Stocks put on increase to three-week high

Chinese mainland shares climbed to a three-week high, led by an advance in rail companies and liquor makers.

Sinopec offers free rides for migrant workers

Tens of thousands of migrant workers going home by motorcycle or minibus during the upcoming annual travel rush will get a lift. They will be offered free refueling services by Sinopec's subsidiaries in Guangdong province and the Guangxi Zhuang autonomous region, starting from Jan 13.

Chinese among influential donors

Twenty-nine Chinese families figured heavily in a list of the 100 most influential family donors worldwide, with most of them donating to the education and poverty alleviation sectors, according to a report by China Global Philanthropy Institute.

Beohringer gives scholarships to help animal docs

Boehringer Ingelheim Animal Health China, a subsidiary of German pharmaceutical giant Boehringer Ingelheim International GmbH, plans to add more scholarships and teaching resources to its talent development projects in China's animal husbandry sector.

IN BRIEF (Page 18)

Promises, promises ...

There's a joke about New Year's resolutions that says: "This year, I'm going to complete my plan for 2016, which I had vowed to complete in 2015, because it's a promise I made to myself in 2014."

From the Editor

Welcome to Youth, a new China Daily feature that brings you all the latest relating to youth, culture, higher education, technology and science. Youth also aims to give you that extra push as you try to perfect your English.