The Ministry of Commerce on Thursday urged the United States to scrap its "non-market economy status" treatment of trade with China, and treat the country's goods shipment fairly, as such a measure is outdated and does not exist in World Trade Organization rules, the Ministry of Commerce said on Thursday.
BEIJING - BMW AG is working on a deal to outsource the manufacturing of Mini cars in China to Great Wall Motor Co, the country's biggest SUV maker, according to people with knowledge of the plan.
As the first company in the aviation sector to launch mixed-ownership reform, Eastern Air Logistics Co, the freight unit under parent company China Eastern Air Holding Co, is now en route to going public, and to reach such a goal, management is exploring a new business mode instead of remaining a traditional aviation or logistics company.
Chinese internet giant Tencent Holdings has expanded its range of insurance offerings after an insurance agency backed by it got the necessary approval.
Imagine a toilet seat so artistic that it shows different colorful pictures when the lid closes in slow motion.
South Korean conglomerate Lotte Group said on Thursday that it expects to sell its Lotte Mart stores in China by the end of this year.
The Chinese mainland will soon issue $2 billion in US dollar-denominated sovereign bonds in Hong Kong, the Ministry of Finance announced on Wednesday, a move to encourage foreign exchange to flow into the onshore market amid a further opening of the financial sector.
China is establishing a database for companies to better manage corporate bond issuance risks, according the nation's top economic regulator.
Alibaba Group Holding Ltd announced on Wednesday the launch of a global research academy that it hopes will join the ranks of, and potentially outrival, Bell Labs and Microsoft Research.
Just one month before China's online version of Black Friday, leading Chinese delivery firms Zhongtong Express and Yunda Express have both announced plans to raise delivery fees amid pressure from rising operational costs.
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Raymond Zhou
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Chen Weihua
