Chongqing Changan Automobile Co announced on Thursday that it will stop selling conventional gasoline cars by 2025, but it will continue to produce hybrid cars, driving electric generators that power electric motors.
China aims to create bigger and stronger State-owned enterprises that are capable of competing globally, while phasing out excessive capacity in bloated sectors, according to the country's State-assets regulator.
China recently gave the green light to a new financing product that is based on rental income from apartments in major cities.
ExxonMobil has launched a new oil-change vehicle for wind turbines that can be used in mountain roads, small areas and wind farms in China's southern regions.
A nanosecond is a long time in the semiconductor sector while three years is an eternity.
Chinese chip startup Cambricon Technologies has raised $100 million from investors, making it the first "unicorn" in the country's AI semiconductor sector to be worth move than $1 billion.
Homegrown Chinese chipmakers aim to increase their presence in a variety of industrial products as data security becomes a priority.
Tianjin, a northern port city, is ramping up efforts to attract more high-end homegrown and foreign-funded companies, particularly those in the service sector, a top official said on Tuesday.
Along with rising business confidence, as many as 31 percent of Chinese companies expect to increase their travel budgets over the next 12 months, surging from the 17 percent of respondents that predicted budget increases last year, a survey showed.
COSCO Shipping Heavy Industry Co, which is building four of the world's leading subsea support vessels for Maersk Supply Service, delivered the first of those four, the Maersk Installer, in Dalian on Monday.
When Jason Klanderman arrived in Shanghai in August 2016, he noticed bicycles made by Mobike Technology Co Ltd scattered around the city.
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