State Grid scales up charging

State Grid Corp of China plans to build 10,000 charging stations and 120,000 charging units by 2020 to further expand public fast-charge networks for electric vehicles.

Bank of China boss calls for Belt and Road funding conduit

Tian Guoli, chairman of Bank of China Ltd, the fourth-largest State-owned commercial lender, called for the building of "a financial artery" for the Belt and Road Initiative, to stimulate an economic liftoff in countries along the routes.

Country Garden Education mulls IPO in the US

Chinese property tycoon Yeung Kwok-keung is planning an initial public offering of his private school business that could raise at least $200 million, sources with knowledge of the matter said, as demand for education services soars in the world's second-biggest economy.

Microsoft helps 14 Shanghai startups

A clutch of 14 startup entrepreneurs will undergo a 16-week incubating program in a Microsoft Corp-backed accelerator in Shanghai, the latest such endeavor by the software giant.

Birds fly out to work in Laos

A group of Chinese technicians can be seen working hard among the watermelon patches in the blinding sunlight of Laos every January. Two months later, these watermelons will be sent to Xi'an, the starting point of the Silk Road.

PepsiCo adds fizz to charity appeal

PepsiCo Greater China launched its annual New Year charity campaign - Postal Parcels for Mothers - on Saturday and delivered parcels to poverty-stricken women at Longchang village, Mashan county, one of the poorer areas of the Guangxi Zhuang autonomous region.

Working in New Year? JD pays kids' trips

JD.com Inc, China's second-largest e-commerce player, announced it will invest about 75 million yuan ($10.9 million) to let the children of its employees reunite with parents who have to work during the upcoming Spring Festival holiday.

IN BRIEF (Page 18)

HK watchdog acts on Hanergy

The Securities and Futures Commission of Hong Kong is seeking legal action to disqualify five former and current directors of mainland solar energy firm Hanergy Thin Film Power Group from being directors or being involved in the management of any Hong Kong corporation for up to 15 years.

Shanghai orders Didi to remove fare hike function

Shanghai Municipal Transportation Commission held an urgent meeting with the leading ride-hailing company Didi Chuxing on Tuesday, urging the platform to eliminate the price-hiking function within two days.

Guizhou to close 120 coal mines in 2017

Guizhou province, one of the major coal suppliers in southwestern China, plans to close 120 coal mines and cut coal capacity by 15 million metric tons in 2017 to answer the nation's call to tackle excess production in the sector.

Internet fund aims to boost innovation

The newly established China Internet Investment Fund is expected to foster innovation and entrepreneurship within the internet sector via a market approach, analysts said on Monday.