JD chief gives a helping hand to his hometown

Liu Qiangdong, CEO of JD.com Inc, China's second-largest e-commerce company, has announced he will donate more than 100 million yuan ($14.5 million) to develop public welfare projects in his hometown of Suqian in Jiangsu province.

IN BRIEF (Page 16)

Shanxi sets sights on IT, clean energy

China's Shanxi province wants to cut its reliance on coal and develop other industries such as information technology and clean energy this year, senior provincial officials said on Tuesday.

Port company looks to share offer

Guangzhou Port Co Ltd, one of the largest hub ports in South China, is planning a share offer in the first half of this year, looking for financing to expand business, according to a senior company executive.

China's overseas TMT M&A market to grow steadily in 2017, says Deloitte

Beijing - China's technology, media and telecommunications overseas M&A market is expected to grow steadily in 2017, according to a report by Deloitte.

New era for courier service sector

BEIJING - China's courier service sector entered a new era with the listing of all major players, Ma Junsheng, head of the State Post Bureau, said in an interview with Xinhua.

Chinese firms to continue M&A global expansion

Chinese companies are expected to continue to expand their global reach across a broader mix of industries, said David Fleming, partner and M&A specialist at international law firm Baker McKenzie.

Ex-ICBC chief urges clarity on leverage ratios

China should confirm the leverage ratios of State-owned enterprises by category and inject capital into those related to national welfare and security, said the former president of the Industrial and Commercial Bank of China.

Investments of $34b to help transform Jiangxi

Total investments of 234 billion yuan ($34 billion) - to be injected into Jiangxi province by State-owned enterprises - will help significantly transform the local economy, senior government officials from the province said.

Company wants homegrown tech for manufacturing robots

Gree Electric Appliances Inc, a leading Chinese home appliance maker is stepping up its efforts in intelligent manufacturing by using industrial robots - covered by the company's own intellectual property rights - for a variety of industrial production process.

Minsheng investor Lu says will keep raising his stake

BEIJING - One of China Minsheng Banking Corp's biggest shareholders intends to keep buying more of the lender's stock, which is trading below the book value of its assets.

Two sessions give boost to China's small caps

BEIJING - Chinese small-cap stocks were the biggest beneficiaries from the ongoing annual legislative meetings in Beijing.