The first nationwide Sanofi Hope Volunteer Day was launched in 12 cities, including Beijing, Shanghai and Guangzhou of Guangdong province, on Oct 27.
Free trade zones in China's central and western regions do not have a physical port, but they still have major potential to build up their free trade ports and thereby facilitate wider regional growth, government think tanks said on Tuesday.
The mainland's largest oil and gas producer China National Petroleum Corp, or PetroChina, reported a 290 percent rise in third-quarter net profit as the company reaped the rewards of a strong rebound in crude prices and deleveraging.
SINGAPORE - China's State oil major Sinopec is evaluating two projects in the United States that could boost Gulf Coast crude oil exports and also expand storage facilities in the Caribbean, two people familiar with the matter said on Tuesday, with US President Donald Trump set to visit Beijing next week.
China's big four banks posted higher growth in lending income and improvements in profitability and asset quality, with average daily income of 2.5 billion yuan ($377.3 million) in the third quarter.
Chinese e-commerce giant Alibaba Group Holding Ltd has joined hands with China Great Wall Asset Management Co Ltd, one of the country's four largest State-owned distressed asset managers, to expand its presence in non-performing asset auctions.
VMware Inc, a California-based cloud and virtualization software provider, will step up efforts to tap into the Chinese market as its local joint venture is attracting more State-owned enterprises as clients, a top company official said.
Chinese ride-sharing giant Didi Chuxing and Japanese taxi provider Daiichi Koutsu Sangyo Co Ltd are planning to launch application-based ride-hailing services in Tokyo, to better serve the growing number of Chinese tourists visiting Japan.
Equities slumped on Monday as investors cashed out to lock in gains from October's bullish market and a batch of listed companies delayed the release of their third quarter earnings reports, said experts.
Chinese carmaker BYD Co Ltd, backed by Warren Buffett's Berkshire Hathaway Inc, said on Sunday that its annual profit would likely fall by as much as a fifth on higher competition but expects sales of new energy cars to grow rapidly in the fourth quarter.
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Raymond Zhou
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Chen Weihua
