Shares of Guangdong-based port operators and developers surged by the daily limit on Wednesday, after Premier Li Keqiang said the central government will study and formulate an economic integration plan for the Guangdong-Hong Kong-Macao Greater Bay Area this year.
With the high-profile development of the Guangdong-Hong Kong-Macao Greater Bay Area gaining pace, Hong Kong is looking to play its part to fulfill the area's ambitions, said the city's top mainland affairs official on Wednesday.
Shanghai Zhenhua Heavy Industry Co Ltd, the world's biggest port machinery manufacturer, said it sees automated port terminals becoming a new growth engine and expects them to further expand to reach 100 countries and regions in 2017.
Alibaba Group Holding Ltd expects to complete the construction of an e-commerce and logistics hub in Thailand by 2019, taking the internet behemoth closer to Southeast Asian economies and its goal of shedding its reliance on the Chinese market.
China's banking regulator on Wednesday issued a notice vowing to address regulatory loopholes and urging the country's lenders to effectively control risks.
Zhang Qiang, a 30-year-old engineer, was stunned when he saw that his bike, parked near a subway station in Beijing, was surrounded by fleets of internet-connected bicycles, which can be borrowed and returned with just a smartphone.
With profitability appearing achievable last year, ofo Inc is planning a simultaneous expansion at home as well as overseas markets this year, said Dai Wei, the bike-sharing startup's founder and CEO.
Wang Xiaofeng, CEO of Beijing Mobike Technology Co Ltd, believes the bike-sharing startup's obsession with technology and products will help it stand out from the competition.
The China-Myanmar crude oil pipeline started operations after an oil tanker began offloading crude oil in the Southeast Asian country on Monday, which signals a new phase in energy cooperation between the two countries and helps ensure China's oil and gas imports.
Huawei Technologies Co Ltd will step up efforts to offer public cloud services, as the telecom giant promotes a strategy to help companies accelerate their digital transformation, rotating CEO Xu Zhijun said on Tuesday.
Shanghai is considering building a new business aviation airport to meet the rising demand for business jets in the city, an official from the Shanghai Airport Authority said on Tuesday.
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