It was quite a coup for startup Vip.com.
The Renault-Nissan Alliance is partnering with Dongfeng Motor Group to develop and sell electric vehicles in China, which analysts said is primarily to prepare for China's imminent introduction of a plan that stimulates sales of such automobiles.
Apple Inc announced on Tuesday its iconic app store and music-streaming service Apple Music now accepts WeChat Pay in China, a clear sign of easing tensions with internet giant Tencent Holdings Ltd amid an in-app purchase spat.
China will need 1,070 regional jets with 70 to 130 seats over the next 20 years, making it the third-largest regional aviation market after the United States and Europe, according to the latest report released on Tuesday by Brazil-based aircraft manufacturer Embraer SA.
Since the early 1990s, some China watchers internationally have, one after another, predicted a scenario in which the Chinese economy would experience a major recession, although it never happened. Now they seem to have found new ammunition for their argument: the country's rising debt.
MediaTek Inc unveiled two new chipsets on Tuesday to target the mid-range smartphone market, as the Taiwan-based semiconductor maker ramps up resources to defend itself against competition from Qualcomm Inc and Spreadtrum RDA.
BEIJING - Despite the exhibition hall's vast size and being filled with hundreds of children, there is no running, screaming or fighting. Instead, the children are all calmly holding picture books, attentively reading. The Beijing International Book Fair is now in its 24th year, but the picture book exhibition only started in 2015 and quickly became a hit with parents and children alike.
The State-owned Assets Supervision and Administration Commission has approved the merger between China's largest coal miner Shenhua Group and top five State power producer China Guodian Corp on Monday, an attempt believed to form the world's largest utility provider by capacity.
China has pledged to push further ahead with the exploration and production of gas hydrate in the Shenhu area of the South China Sea, following its success in mining gas hydrate in the region.
Three airplanes jointly produced by Chinese and Austrian companies were handed over to the customers after receiving their Chinese production certificates on Monday morning in Wuhu, Anhui province.
The United Nations appreciates China's sustained efforts to fight climate change, the UN climate chief said.
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Raymond Zhou
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