Xiaozhu starts biz travel service

Home-sharing company Xiaozhu Inc has launched China's first shared-house service for business travelers, driven by the increase in startups and the changing structure of the workforce.

TV maker profit down in Q1

China's television industry has seen a downturn in the first quarter, with major TV manufacturers witnessing a drop in net profits and sales affected by the rising price of raw materials.

Novartis sees local drug market taking off as demand surges

Swiss pharma giant Novartis AG plans to make big inroads into China's oncology market by bringing two new cutting edge cancer drugs to the country, as demand in the country for drugs to treat the disease continues to rise.

Aircraft carrier a boost to shipbuilding

The launch of China's first domestically developed aircraft carrier is expected to boost the country's shipbuilding sector - especially military vessels, analysts said.

Tencent launches AI initiative

Chinese internet titan Tencent Holdings Ltd said it is gearing up its expansion in the artificial intelligence sector, seeing the red hot field as the next frontier of growth and innovation in the internet industry.

Scottish whisky distillery toasts Chinese distribution deal

One of Scotland's oldest whisky producers said it is tapping into the lucrative Chinese thirst for the drink after securing a major distribution deal with one of China's food and beverage giants.

CMIG bets big on Belt and Road drive

A consortium of financial institutions in Asia - led by China Minsheng Investment Group - said it is betting big on the Belt and Road Initiative and will spend many billions of dollars to get onboard the investment boom.

Germany's SAP helps autistic

German software group SAP launched an Autism at Work program in China, to help those with the condition in China tap their potential and talents, providing them with potential work opportunities.

Swiss pharma group Novartis AG organizes health lectures in Xinjiang

Swiss-based international pharma group Novartis AG said that thousands of lectures on health were organized by its health express program until the end of 2016, with the lecture circuit covering almost 90 percent of the remote areas in the Xinjiang Uygur autonomous region and benefiting more than 2 million participants.

Mobike teams up to assist with cleft palate operations

Bike-sharing startup Beijing Mobike Technology Co Ltd recently announced a strategic partnership with the Smile Angel Foundation, and is set to donate 3.65 million yuan ($529,615) to the charity organization.

IN BRIEF (Page 18)

Keeping parents up to speed

Today's young people are reshaping traditional society, where knowledge was imparted by the old to the young, by helping the elderly enrich their lives with online technology, Xu Lin reports.