Shoe seller steps up to stomp out poverty, help kids

Three years after Toms Shoes arrived in China and sold up to one million pairs of its canvas slip-ons in the country, Blake Mycoskie, the company's founder and CEO, thinks it's high time to remind consumers about the company's unique corporate social responsibility program.

IN BRIEF (Page 18)

Self-driving cars just around the corner

Imagine a box with four wheels, cruising down the street without a steering wheel or an accelerator pedal. In Chen Jiadong's unromantic vision, that's what driverless cars will be like.

Industry value chain shifting to software

Self-driving technologies will likely enable Chinese companies to leapfrog developed countries in the automotive sector, as the value chain of the industry is expected to shift from hardware to software.

China becoming focus of global automobile sector

China's automotive market is likely to remain the primary source of growth for the global industry in the foreseeable future, with self-driving cars gaining more market share, research indicates.

Stocks rise in Shanghai, Shenzhen

Equities rose by more than 1 percent on Tuesday in Shanghai and Shenzhen with strong gains seen in real estate, banking and chemical firms, marking a strong beginning on the first trading day of 2018.

Futures market turnover down 4% in 2017

BEIJING - The turnover of China's futures market dropped slightly in 2017 amid tight financial regulations, industry data showed.

RMB hits new three-month high on first trading day

Chinese currency appreciated to its highest level in more than three months as the US dollar index weakened on the first trading day of 2018, indicating the market's expectation of stable economic growth and confidence in financing deleveraging efforts.

Inoherb banks on TCM to give it the winning edge

Shanghai-based Inoherb is banking on traditional Chinese medicine to give it the winning edge in the global skincare product market.

Airbnb boosting China listings, strengthening government ties

Airbnb Inc, a US-based home-sharing service provider, will optimize the quality of its listings, invest in customer service and strengthen cooperation with local governments to expand its presence in China, according to its head of Chinese operations.

Largest automated container terminal starts operations

A fully automated container terminal involving a total investment of 14 billion yuan ($2.15 billion) has started operating at Shanghai's Yangshan Port, which means China has broken the monopoly of global suppliers in port automation solutions.

Travel service firms plan merger to create unified platform

Travel service companies Tongcheng Network, a unit of Tongcheng Tourism, and E-dragon Holdings Ltd (or eLong) said on Friday that they would merge to create a new travel platform called Tongcheng-Elong Holdings Ltd.