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Wal-Mart aims big in Guangdong

[2017-04-21 07:09]

Wal-Mart Stores Inc will continue to increase its investment in Guangdong province, as it plans to add more than 40 new stores and one fresh food distribution center in the province in the next five years.

Maglev train production on track

[2017-04-21 07:09]

China's first 160 kilometer-an-hour magnetic levitation trains will be delivered this year - a breakthrough that will help accelerate the pace of developing a medium-to-low speed series of maglev family products, a leading rail sector executive said on Thursday.

Outbound M&As decline sharply in Q1

[2017-04-21 07:09]

Outbound mergers and acquisitions by Chinese mainland companies in the current year are expected to be far less active, although a rebound in intensity of the deals may come in 2018, according to a report released by international accounting and financial services giant PricewaterhouseCoopers on Thursday.

Rising tax revenues highlight overall improved economic outlook

[2017-04-21 07:09]

China saw faster growth of tax revenue in the first quarter of this year, reflecting the stable and improving momentum of the overall economy, data from the top tax authority showed on Thursday.

Tencent calling time on tipping

[2017-04-21 07:09]

Tencent Holdings Ltd closed a popular service on WeChat which allows iPhone users to offer tips to content creators, signaling the tension between the Chinese social networking giant and US tech company Apple Inc.

What's news

[2017-04-21 07:09]

China releases new employment policies

Global giants eye potential for new energy vehicles

[2017-04-20 07:06]

The world's major carmakers are showing their latest new energy cars - some of them concept models - at the ongoing Shanghai auto show, eying up the potential of the world's largest new energy car market.

Baidu launches Apollo, opens self-drive platform

[2017-04-20 07:06]

Baidu Inc announced a new project - Apollo - to open up its autonomous driving platform to its partners, a move to promote the development of self-driving technology.

Liebao to build SE Asia plant

[2017-04-20 07:06]

Hunan Liebao Automobile Co Ltd is planning to set up its first overseas facility in an ASEAN country in 2018, a move to facilitate its expansion in Southeast Asian markets, according to the company's chairman.

Fund aims to enhance transport connections

[2017-04-20 07:06]

Regional transport integration among Beijing, Tianjin and Hebei province is expected to speed up after the establishment of a 100 billion yuan ($14.52 billion) development fund for financing the construction of intercity railways.

Efforts needed for cybersecurity

[2017-04-20 07:06]

The strict implementation of China's cybersecurity law and regulations will help safeguard the country's cyberspace, though more online attacks are likely to occur amid the increasing use of the internet in industrial operations, a report said on Wednesday.

Shanghai notches up 6.8% GDP growth in Q1

[2017-04-20 07:06]

Shanghai posted 6.8 percent GDP growth in the first quarter of 2017, a better than expected performance thanks to recovering industrial output and the continuous growth of the service sector, said the city's statistics and development and reform authorities.

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