Haidilao fails to sizzle on debut

Haidilao International Holding Ltd, the mainland's biggest hotpot restaurant chain, failed to ignite investor enthusiasm on its debut on Wednesday, despite relatively robust performance in gray market trading that had set an upbeat tone.

WeChat Pay HK expands payment services to mainland

Internet giant Tencent has partnered with the mainland's largest payment provider China UnionPay and its subsidiary UnionPay International to offer cross-border mobile payment services for Hong Kong residents, allowing them to use the Hong Kong version of WeChat Pay on the mainland.

Offering its own kind of magic

Sephora has an extensive beauty community, stretching from France, across Europe, to North and South America, the Middle East and now Asia. The company says it offers a unique retail experience for passionate clients and innovative beauty brands, encouraging them to be "fearless in their creativity and self-expression".

CNPC plans to increase clean energy capacity

China National Petroleum Corp, the nation's largest oil and gas producer by domestic annual output in the country, has pledged to gradually increase its share of clean energy production capacity through increasing its output of natural gas and related facilities.

Dairy set to raise standards, enhance safety

Feihe Dairy, the domestic leader in infant and toddler formula production, has set up its own fresh dairy formula system to raise industry standards and enhance safety for consumers in the country.

Zhejiang students to benefit from new learning tools

Xiaoyuansouti, a subsidiary of online education startup Yuanfudao, has announced it will donate its test question search tools to schools in Yongkang in eastern Zhejiang province, as part of its broader efforts to use technology to advance local education.

White paper highlights issues facing teachers

A Chinese property solutions provider, government bodies and research institutions released the country's first white paper addressing teachers' working and living conditions on Sept 13.

IN BRIEF (Page 18)

PRIVATE BUSINESS REJUVENATED

Wenzhou in southern Zhejiang province is seen as a pioneering city, together with Shenzhen and Shanghai, in the country's reform and opening-up over the past four decades, and is moving to help its small businesses grow further.

Machines replace humans as labor costs keep rising

On one side of the roaring factory, machine arms cut, weld, press and gauge a steady flow of circuit breakers, while self-driving carts carrying piles of products shuttle between assembly lines and storage areas.

FTSE considers A shares inclusion

The London-based index business FTSE Russell will announce its decision concerning the inclusion of the Chinese mainland's A shares early Thursday morning.

Policies creating huge growth opportunities for foreign firms

New economic momentum is boosting growth and emerging businesses in China, and in turn creating huge opportunities for foreign companies, according to a top industry player.