Geely eyes Volvo Cars public float

Zhejiang Geely Holding Group said it is mulling an initial public offering for Volvo Cars, a Swedish carmaker it bought from Ford in 2010.

Retailers expanding online presence

Growing competition from online e-commerce firms is prompting China's top brick-and-mortar retailers to expand their online presence rapidly, even as smaller format retailers continued to gain strength, notwithstanding their digital challenges and rising costs, a new survey said.

Xiaomi taken to court by Coolpad

Smartphone maker Coolpad has taken technology giant Xiaomi to court and into the spotlight over alleged patent infringements, a move timed alongside China's ramping up of intellectual property rights protection.

IN BRIEF (Page 6)

ADGM to set up offshore yuan center

Abu Dhabi Global Market, an international financial center located in the capital city of the United Arab Emirates, launched its first overseas office in Beijing on Friday to spur liquidity and capital inflows into the Middle East and China.

WeDoctor and AIA announce healthcare tie-up

WeDoctor Holdings, a medical care portal backed by Tencent Holdings Ltd, will partner with Hong Kong-based insurer AIA Group Ltd to offer insurance products and other services as competition intensifies in China's online healthcare industry.

Phone maker Huawei adds bitcoin wallet to AppGallery

Huawei Technologies Co Ltd, the world's third-largest mobile phone maker, is taking a major step toward commercializing blockchain technology with the release of a bitcoin wallet on its AppGallery.

Realistic expectations for Kim-Trump talks

Everything appears to be rosy ahead of the planned meeting between US President Donald Trump and Democratic People's Republic of Korea leader Kim Jong-un.

Nation learns lessons from rebuilding Wenchuan

Ten years ago, on May 12, 2008, a devastating magnitude 8 earthquake hit Wenchuan county in Sichuan province. It killed nearly 70,000 people and left around 18,000 people missing. The disaster also left an indelible scar on the collective memory of the Chinese nation.

Project's cascade of corruption was a series of failed supervision

A WATER AND SOIL EROSION TREATMENT PROJECT in Huangyuan county, Central China's Hunan province, was a cash cow for more than 50 officials of county, city and the provincial governments. Guangming Daily comments:

Hard to believe glowing figures were a mistake

THE GOVERNMENT OF NINGSHAN COUNTY in Northwest China's Shaanxi province said its tourism revenue was 1.4 billion yuan ($220 million) over the three-day May Day holiday from April 29 to May 1. But later admitted it had made a mistake and the figure was actually 140 million yuan. Xiaoxiang Morning News comments:

Age not height should clarify who's still a kid

IT IS COMMON for children under a certain height to be able to use public transport and other public services for free. However, this practice is outdated because Chinese children enjoy better nutrition today. Gmw.cn comments: