Troubled tycoon asks wife to help settle financial woes

Chinese actress Gan Wei, better known as the spouse of beleaguered tycoon Jia Yueting, said on Wednesday that she would deal with the debt issues plaguing LeEco.

Domestic real estate market to consolidate this year

A new report by CRIC, a real estate research services provider, indicates that China's real estate market is going to become more consolidated in 2018, as large developers take up increasing shares of the sector.

Moutai renovates African school

Kweichow Moutai Group, a Chinese liquor producer, is sponsoring a school renovation project in an African country.

Silk venture to improve lives of Sichuan's poor

A Hong Kong-based clothing company has launched an organic silk planting base in a rural area in Sichuan province, as the company steps up efforts to get more involved in the mainland's poverty alleviation efforts.

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.