LeEco faces 'bigger than ever' crisis

With 15.9 billion yuan ($2.34 billion) worth of stocks frozen by a court, Chinese billionaire Jia Yueting and his internet company LeEco are facing a "bigger than ever" crisis.

University proves to be intoxicating to students

GUIYANG - Getting drunk has long been a rite of passage for students around the world - and for scholars at one new university it is likely to be easier than ever. A month after this year's college entrance exams, Luo Sha, 19, applied to the recently founded Moutai University in her hometown.

Moutai shares sees 6th day of declines

Shares of Kweichow Moutai Co, the best-known high-end Chinese liquor, have experienced consecutive losses for six trading days, as a result of an excessive surge earlier, with industry analysts regarding it as rational declines.

Big names searching for slice of Paradise

Paradise International Foundation plans to spend 100 million yuan ($14.7 million) on conservation projects in the next five years.

Banks target rural regions to improve the lives of villagers

Chinese banks have increased their services in poor rural areas by opening-up offices, ATMs and online platforms as well as making door-to-door calls.

JD partners up with WWF on environment

JD.com Inc, China's second-biggest e-commerce player, announced a donation of 10 million yuan ($1.47 million) to support a series of environmental initiatives to be made jointly with the World Wide Fund for Nature China.

IN BRIEF (Page 18)

China powers up on overseas electricity investment projects

Analysts said the startup of China's biggest power project in Russia points to expanding and increasingly important deals in the power sector between the two countries, and also significantly expanding investments by China in power projects internationally.

Russian lender looks to cater for Chinese corporate clientele

A leading Russian bank is looking to develop its business in China as part of the Belt and Road Initiative.

Sky's the limit for chopper firm

A major global helicopter manufacturer is bullish about China's economic prospects and plans to triple the size of its fleet there in the next five years.

AkzoNobel looks to expand its capacity

Chemicals and coatings giant AkzoNobel said it is a perfect fit to help China boost its green development and innovation and is looking at further expanding its capacity in the country.

Green zones to help fund fight against pollution

China's central bank said it is working together with local governments to develop five new green finance pilot zones, an initiative that will help fund the country's fight against pollution - which some analysts have estimated will cost over 3 trillion yuan ($440 billion) annually in investment.